Ownership protects you from the rising annual rental rates common in popular marinas.
Some marinas offer 99-year leases that function similarly to ownership but ultimately revert to the marina owner. Critical Considerations Before Buying buying a boat slip
Waterfront property is limited. In high-demand areas, boat slips can appreciate in value or be rented out to other boaters to generate passive income. Ownership protects you from the rising annual rental
You own the slip outright, similar to a condo or land. It is recorded as real property and often comes with a clean title and deed. buying a boat slip
Skip the long ramp lines and towing. Your boat is ready at the marina whenever you are.