Under $500,000, the Miami market spans well-kept motor yachts in the 35-to-50-foot range, center consoles, and cruising boats — a practical entry point for first-time owners and experienced boaters alike.
Dan represents buyers in this band by separating cosmetic wear from structural and mechanical condition, pricing against genuinely comparable closed sales, and protecting the closing with escrow.
What to consider under $500K
Older hulls demand closer structural inspection; know whether you are buying fiberglass, aluminum, or steel and what that means for the survey.
Ownership history matters — charter or rental use typically means faster wear than private ownership.
Prioritize structure and machinery over cosmetics; upholstery and finishes are the cheap part to fix.
Marine financing tightens at lower price points and older model years; confirm pre-approval early.
Build a realistic annual budget — dockage, insurance, fuel, and seasonal maintenance — before you commit.