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Shared Ownership Program

Maximum 48 Participating Membership Shares per Project

  • Each share makes it possible to reserve up to 1 week/year (i.e. Monday 5 p.m. to Monday 11 a.m.)
  • You can acquire more than 1 share. 4 shares = 4 weeks or 1 month
  • 2 members may choose to enjoy their weeks together and have 2 weeks aboard
  • 4 weeks/year reserved for maintenance or declared hurricane events (2 days before, 2 days during, 2 days after)
  • Enjoy moored dockside, on anchor, cruising, or a mix.
  • To leave the dock requires a USCG Captain. Must be checked out and insured (volunteer or budget ~$200-$500 / day)
  • Contribution to maintenance account is $15/hr for main engines, $10/hr generator (running time only from hour meter) 
  • Diesel Fuel Budget = 1 to 1.1 gal/mile or 9 gal/hr for main engines and 1-2 gal/hr for generator

Annual Fixed Costs

  • Dockage $12,000
  • Insurance $4500
  • Maintenance $5,000

 

 

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