FORT MYERS BEACH, Fla. – The dockominium trend appears to be alive and well in Florida.
In the fourth such announcement of the past week, The News-Press revealed that owners of the Fort Myers Beach-based Snook Bight Marina, formerly the Mid-Island Marina, will appear before the local planning agency next week to get final approval for an $18 million plan to turn the facility into a dockominium.
As the industry strives for growth through the Grow Boating Initiative, it is somewhat split on whether the dockominium trend is good for it.
On the one hand, dockominiums are a better option for the boating community than condo development. And that, in fact, is what was originally planned for the Fort Myers Beach property, Snook Bight Marina President Joe Yerkes told the newspaper for its July 9 article.
In addition, the money generated by dockominium sales often allows owners to fix up and even expand their facilities.
But many first-time boat owners find dockominiums too expensive, which hampers the effort to grow boating and can lead to even more crowding at public boat ramps. The private nature of such facilities also means less public exposure to the benefits of the boating lifestyle.
Good or not, the trend continues, especially in areas where water access is already limited. Other Florida marinas that have become dockominiums include Cape Coral’s Mid-Island Marina and Sanibel Harbor, according to the newspaper. And during a time in which many marinas are changing hands, more such announcements are likely to be on the horizon.
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