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.
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
Before finalizing a purchase, verify these technical and legal details: Is Buying a Boat Slip a Good Investment? - DockGear.com Waterfront property is limited
Ownership protects you from the rising annual rental rates common in popular marinas. shore power hookups
Depending on marina rules, owners may be able to add personal upgrades like custom bumpers, shore power hookups, or personalized dock boxes. Types of Ownership