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Waterfront property is limited. In high-demand areas, boat slips can appreciate in value or be rented out to other boaters to generate passive income.
You buy a share in the marina association that grants you the exclusive right to use a specific slip.
You own the slip outright, similar to a condo or land. It is recorded as real property and often comes with a clean title and deed.
Depending on marina rules, owners may be able to add personal upgrades like custom bumpers, shore power hookups, or personalized dock boxes. Types of Ownership