It’s no secret that finding dock space in the Ft. Lauderdale area, particularly for a vessel the size of a luxury motor yacht, can be a major challenge. So much so, that a recent article in the Sun Sentinel reported on the rise in the illegal practice of homeowners renting out their private dock space!
The practice of renting private dock space is illegal in Ft. Lauderdale, Pompano Beach and Hallandale Beach, but according to the Sentinel, county officials rarely enforce the ban, because they know it takes the pressure off of the area’s overcrowded marinas.
Despite turning a bit of a “blind-eye” to the practice, area officials admit that lack of dock space and boat storage space, is “a growing problem.” This is especially true when it comes to finding space for luxury yachts of 80Ft or larger.
The problem with dock space is, it is a fairly limited resource. According to the Wall Street Journal the cost of dock space has increased over 20% in the last two years. A slowly recovering economy, environmental issues and permitting hurdles have had several proposed new waterfront development projects that include dockage stagnate.
With dockage at a premium, spaces limited, and prices rising, it is no wonder that boat owners have sought alternatives such as renting private dockage from waterfront home owners.
However, while that may provide you a place for your boat, such private docks do not have the many advantages of keeping your yacht in and actual marina.
Yacht Management and Dock Space
One of the many advantages of signing up your yacht with a reputable Yacht Management company, or yacht charter fleet is access to dockage. For example, yacht owners who are taking advantage of the new “On Demand Yachting” solution offered by FYM, gain access to Marina Bay.
Marina Bay is located in the epicenter of Ft. Lauderdale’s yachting capital. It not only is home to some of the finest, secured slips in the area, but, it is home to the Marina Mile Yachting Center, a full-service shipyard that is staffed by some of the best marine professionals and contractors in the South Florida yachting industry.
When your yacht is docked at Marina bay, you not only have the sense of security and pride that comes with premium dock space, you will have access to the high-caliber service network of The Yacht Center for more complicated refits, maintenance and marine supplies.
A key to finding dockage space is reputable yacht management. On Demand yachting from FYM can help. If you would like to learn more, or if you have any questions or comments about this blog post, do not hesitate to contact our Yacht Management specialists, or call us at (954) 900-9968.