You buy a share in the marina association that grants you the exclusive right to use a specific 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. buying a boat slip
Some marinas offer 99-year leases that function similarly to ownership but ultimately revert to the marina owner. Critical Considerations Before Buying You buy a share in the marina association
Before finalizing a purchase, verify these technical and legal details: Is Buying a Boat Slip a Good Investment? - DockGear.com buying a boat slip
Ownership protects you from the rising annual rental rates common in popular marinas.