-Magothy Marina is a Condominium Marina where you can buy your boat slip. The opportunity to own your slip instead of renting, can save you money each year on your boating expense.
-If you are refinancing your home for extra funds to buy a boat as a "second home", consider buying a Magothy Marina boat slip as part of your home equity loan purchase.
-We have a family boating environment, a pool and complete bathroom and laundry facilities.
-Below are examples of boat slips for sale. These are all subject to change so please phone us with your exact slip needs. Also, in some offerings, the owners, due to moving or perhaps the purchase of a larger boat or slip, may be very "motivated" to negotiate a bit on the price.
-Please feel free to contact the Marina for details and the firm price as well as further details on the slip that you have in mind.
24' 26' 30' 32' 40'
$15,000.00 to $25,000.00 $20,000.00 to $26,000.00 $30,000.00 to $32,000.00 $25,000.00 to $32,000.00 $70,000.00 to $75,000.00
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Own a Piece of the Dock
Condominium slips evolved as a response to this growing concern in the marine industry. Owning a slip offers the ultimate control over increasing slip rental fees. Boaters now have the option of taking money normally spent on rent and using it to build equity in an asset that can be sold in the future. The slips carry a Fee Simple Deed just like your home.
You don't have to occupy a slip to take advantage of the benefits of ownership. Since slips are income producing real estate, many owners continue to offer their slips for rent. Income produced by a slip can also be used to offset rents paid at another marina. Excellent financing, with as little as 15% down and up to a 20 year term is available.
There's no better time to consider owning a condominium slip. Ask us for an information packet. Our staff would be pleased to assist you in any way we can.
Please call for more information on boat slips that are available for sale or rent, contact Victoria Shiroky Office: 410-647-2356 or Mobile: 443-995-1245