Completed in 2008, the marina development comprises 425 dry racks and 99 wet slips
, of which 30 dry racks and 1 wet slip
were sold to individual owners when it was initially delivered.
A new OSHA regulation requiring that all walking surfaces coated with paint or a similar material must meet a wet slip
resistance level of .
Many physical factors influence the demands made on a marina and significantly reduce the potential for wet slip expansion.
Dry stack storage rates depend not only on what the dry stack competition is charging but also on the supply-and-demand relationship for wet slip space.
Since environmental regulations restrict wet slip expansion for most marinas, the appraiser is concerned only with the possibility of additional dry stack storage market entrants.
The appraiser should separate the expenses for the dry stack facility from that of the wet slip component at the site, and estimate the increase attributed to the dry stack unit.
The growing scarcity of marinas makes wet slip and dry slip ownership an investment in waterfront property.
Many boat owners are weighing the idea of buying a wet slip or inside dry storage rather than renting one.
A significant real estate advantage of purchasing a wet slip at a marina often means not having to move your place of residence, just for the sake of boat storage.
7 wet slips
with lifts & 121 other outside storage & sales display racks.
Fiesta Key, which includes a marina, was formerly home to a KOA RV Park and Campsite and will be developed to include approximately 150 residential units, 54 wet slips
and a variety of luxury amenities.
Central to one of the country's premier boating destinations, Miami Beach Marina offers 400 wet slips
which will provide boaters easy access to the Atlantic Ocean and the Caribbean, further enhancing MarineMax's appeal to pleasure boaters.