Destin FL Harbor Real Estate & Boat Slips| Harbor Condos and Harbor Homes

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When purchasing a boat slip you will find that the process is different than a traditional property sale.  The tips below should help those looking to acquire a Destin, FL Boat Slip.

1.  Boat slips buyers cannot acquire title insurance.  A title agency can close a boat slip for a legal fee but title insurance cannot be issued on a Destin, FL boat slip.

2.  Find out if the boat slip marina is public or private.  What are the rights of transfer?  Some boat slips can only be sold to owners within the same condominium complex.  There are also other restrictions that may apply.  Find out all of the specifics on the marina and request the marina rules.

3.  Beware of Transfer Fees:  Be sure to specify in the contract which party will pay any transfer fees.  We recently came across a situation where a Destin, Florida public marina required a 6% transfer fee.  On a $150,000 sale this comes to $9,000;  this is a significant expense.

4.  Hire an expert to assure you that your boat will fit properly in the slip and the water depth will work at all tide levels.  Make sure you check the slip out at low tide.

5.  Inquire about monthly fees:  Most marinas have monthly fees for slip owners.  Find out the monthly slip fees prior to contract.

6.  Boat slips can be rented by the hour, day, week, month, year, etc.  Do not rule out this option.

To check the tides try the link below.

Florida Tides

Feel free to call or email with any questions about the Destin, Florida Harbor.