Fla. struggling with superyacht influx, dock space fetching $1M even before boats are built

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Fla. struggling with superyacht influx, dock space fetching $1M even before boats are built
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We’re going to need a bigger slip. South Florida’s voracious appetite for yachts — along with their ballooning size — has marinas scrambling to accommodate financiers and ce…

We’re going to need a bigger slip.

The shortage has spurred a frenzy to secure slips for behemoths that stretch up to 300-feet long, with some owners shelling out hundreds of thousands of dollars annually just to park them in prestigious spots. Nicole Haboush, Senior Charter Broker Manager of TJB Super Yachts, said docking arrangements are usually settled before a sale is completed to avoid an angry customer.The Amaryllis calls the world-class Town of Palm Beach marina home.Romain Maurice

Demand is so intense that applicants are more than willing to pay the $10,000 required just to join the queue. Local observers said that the COVID-19 pandemic initiated an unprecedented boom in the yachting industry as the rich and famous sought offshore solace. Safe Harbor Marinas — the largest operator in the world — acquired the Rybovich yacht facility in West Palm Beach in 2021 and has rapidly developed the site.

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