summer heat is on and business continues to keep me busy. In one short
month since my last newsletter I've seen a lot of boats sold and many
more listed. I also have more out of state deals going than I have
in awhile. Prices have come down on many boats and now IS the time
to buy. Rates are at a 40-year low. You can literally buy more boat
now than you ever could have afforded before.
We're also getting ready for the fall In The Water Boat Show, October
2-5, right here at my office at Watergate. Right now I am planning
to show these models:
Catalina 387 (brand new for 2004)
Catalina 22 MKII
Albin 28 Tournament Express (new flush aft deck version for
Albin 36 Express Trawler (closeout price)
Packet Craft 360 by Island Packet Yachts (closeout price)
Island Packet 370 (new for 2004, slight chance this boat will
make it for the show, can't quite tell yet)
Some Boats will be on Pier 10 in the show and the rest on our dock,
Pier 23, which is literally at the tent entrance to your right.
Also I am very excited to announce that we finally have some details
on the New Beneteau Trawler. Called a Swift 42. She'll be a
Europa styled fast trawler that will have speeds up to the mid 20's.
The first introductory hulls sold are expected to be in the 300K range
equipped and I have a boat on order for early 2004 delivery. This
has been a long awaited yacht for us. Many dealers, Sea Lake included,
have been working with Beneteau for many years now in order to get
this boat for the US market. I have a few artist J-pegs that I couldn't
get include or attach to this email, but I can send you them via an
attachment if you email me back. I plan to see the first US hull mid
Oct in Annapolis. Bottom line; demand will far outstrip the supply.
If you're interested, we need to be talking NOW.
It's also rumored that Beneteau will also be importing 3 other models
from their European power boat line called the Antares. The 3 models
I heard of were 33', 36', and 46'. All are more sedan bridge style
boats and will have the beautiful interior that Beneteau is known
for with centerline style owner's berths forward. You can see some
line drawings of the 33' below if you have HTML email capabilities.
Or I can mail you the details. The 36' and 46' have similar lines.
Beneteau Antares 9.8 Meter (32'-7")
Call me for more details on any of these new listings.
'90 Catalina 42 Tri cabin layout. The cleanest one I have ever seen.
A/C, nice electronics, Fresh varnish and realistic about asking $118K.
Cat 42's have to be one of the hottest boats out there size for price.
The '92 we just listed was sold in less than a month. This one is here
on my dock.
Catalina 42 Also a tri cabin. Nice also, but not as "clean"
as the one above. The price reflects that at $112500 asking.
'84 Tayana 37 Pilothouse. Really good T-37's are hard to find.
Really good T-37's that have not had the keels cruised off of them are
even harder to find. Try to find one that has been lovingly maintained
since I sold it to her owner 12 years ago is even more rare. And then
to find out it's a Pilothouse, which is the rarest of the rare Tayana
37's and you guessed it, I've got one really rare boat here. Plus this
one has new tanbark sails and newly painted non-skid decks as the teak
decks have been removed. People think a pilot house is ludicrous here
with our climate, but I can think of several occasions off shore it
would have been nice to be surrounded by tons of Fibreglass and safety
glass offshore. Plus this boat has the added benefit of no outside steering,
so the cockpit is totally open. Just stick an autopilot remote out there
and have a good time. The owner HATES to sell, but we've found the next
boat of his dreams so Morning Star is only asking $105K.
Island Packet 320. Located in Corpus. One owner, really still a
new boat. Previous Asking was 160K, Now realistically priced in low
BUC range of $143K.
'96 Beneteau 321 Just listed. Asking $67,500. Very clean, light
use and details are pending, but has in mast furling and all the standard
amenities that Beneteau offers. The 321 was the forerunner of the current
331 and has nearly the same layout.
'84 Catalina 36. The listing agent in my office sold her to these
folks 12 years ago. I went to go view the boat and was amazed at her
condition. All Catalina's in this age have oiled interiors, but this
boat is varnished and it looks like the factory did it or someone did
it right after they bought it. Must have cost a fortune. Plus it's even
got extra teak installed down below. Things like the cabin lockers are
finished out. Very Nice. Asking is a reasonable $60K. PLEASE NOTE: All
the boats, like the 91 Catalina 30 and the 84 Ericson 38 that I mentioned
last month, that are in this 50-70K range have not been effected by
the market. This size and price seems bulletproof in every economy and
boats in this size and price sell fast!
2002 Beneteau 331- Ok you ask, how do you get a 2002 back on
brokerage? Well it's a trade in on a larger boat. This boat is really
nice with a flat panel TV, A/C, just everything you could want. Still
under warranty and her new boat cost would be 115K, We're asking 108K
and we can take a trade.
but due to the huge price reduction it needs to be re-mentioned. 2002
Beneteau 393 Three Cabin Layout. You may remember this is the boat that
had everything on it and cost $270K when I commissioned it a year ago.
Due to taking some of the excessive gear off and the motivation of the
owner this boat will be immediately priced at $179K. Even with some
of the gear coming off, she's still a $240K boat new. This boat had
$21K just in factory options! Just a basic boat with A/C and a gen-set
approaches $200K. We're just doing away some of the gear that anyone
using the boat here would not want. The boat still has a $7K set of
Stainless davits and dive tank racks, 2 A/C's and 8 kw Panda gen-set.,
Dual Radars/Charplotters, Below decks pilot. Flat Panel TV with surround
sound and a hell of a lot more! The list just goes on AND NOW TRADES
OF ANY KIND WILL BE CONSIDERED. Or call me with you best cash offer.
For more info on Sea Lake's full inventory, hit this link: LISTINGS
'00 Catalina 470 -very loaded every option. from a realistic
$280K to a give away of $269K! He is traveling extensively and wants
'81 Hans Christian 43-immaculate inside. lowered to $159K
'81 Vagabond 47 to Great heavy center cockpit cruising ketch
'86 Norseman 447 Modern Center cockpit Cutter rigged $245K
'88 Tartan 31. One of my favorite smaller boats. Needs cleaning
up and hull paint (dark blue), but it's a Tartan and quality built-lowered
There some excellent articles in September's Sail Magazine regarding
buying a new or used boat and why you need a broker to represent you
in the sale. The articled mentioned something that I have been saying
for years. Sure you can scan the Internet all night long and send out
dozens of emails to every broker that has every boat you're interested
in, but at the end of the day you still have to make an offer and wouldn't
you rather have someone representing you? I have 19 years experience
in this business. Hundreds of satisfied clients and many of which have
told me numerous times, "Give my name and number to anyone you
want. I'd be glad to tell them what a pro you are"! So keep up
that research, but have an ally on YOUR side also. I am easily available
via phone or email anytime to consult with you about your needs. Buying
a boat is a journey that you don't undertake everyday. It's best to
have the right guide so you don't get lost.