Slip - Buying A Boat

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.

You buy a share in the marina association that grants you the exclusive right to use a specific slip. 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. You own the slip outright, similar to a condo or land

Some marinas offer 99-year leases that function similarly to ownership but ultimately revert to the marina owner. Critical Considerations Before Buying You own the slip outright

Skip the long ramp lines and towing. Your boat is ready at the marina whenever you are.

Ownership protects you from the rising annual rental rates common in popular marinas.