yacht sales tampa fl

Welcome To Tampa Yacht Sales - Your Best Source For Buying And Selling Your Boat In Tampa Bay

Tampa Yacht Sales is a professional and knowledgeable boat & yacht brokerage company with over 22 years of success delivering boats & yachts matched to our customers needs. We provide a full array of services including domestic and international sales, service, marine financing, insurance, documentation and extended service agreements. We focus on the details of your purchase or sale to create a seamless and simple process worthy of the title – “The two Happiest Days of a boater’s life”.

Our marketing and sales expertise will deliver superior results in a timely fashion. We won't settle for second best.

Our experienced brokers are equipped with the know-how, marketing resources, and marine industry connections to help you through a seamless transaction.

Example Yacht

Cudjoe Key, Florida, United States

Example Yacht

Apollo Beach, Florida, United States

Example Yacht

Mar 07, 2024

8 BOATING ETIQUETTE TIPS FOR SMOOTH CRUISING IN FLORIDA

Jan 17, 2024

NAVIGATING EXCELLENCE: THE 2023 GRADY-WHITE 336 CANYON WITH SEAKEEPER 3 HD

Dec 21, 2023

14testimonial2006SeaRay260DA-9

Great experience selling my boat with Shane Faunce and Tampa Yacht Sales. It was absolutely seamless from the listing to the survey to the delivery to the new owner. I would not hesitate to use this firm again, you are getting absolutely the best team in the business. Thanks again Shane.

  

2006 Sea Ray 260 Sundancer Apollo Beach, FL

12testimonialBlueberryProfileedit

We just concluded the sale of our Sea Ray 48 DA with Shane at Tampa Yacht Sales. We couldn’t have asked for a smoother, more professional transaction. From listing to closing, Shane’s service was exemplary. Thanks, Shane, for an excellent result!

2006 Sea Ray 48 Sundancer Venice, FL

6testimonialGrady-White336Canyon-22

Shane is the best broker in the entire Tampa Bay area…he has sold several boats for me with quick success…getting me the price I wanted! He is fair, honest and an all around great guy. You won’t be disappointed if you list your boat with him or buy a boat from his quality inventory.

Grady-White 336 Canyon Tampa, FL

11testimonialMeridian-441-Profile-32-1535x1024

Renaming and Christening our 2011 Meridian 441 Sedan Bridge this Sunday that we recently purchased through Shane Faunce of Tampa Yacht Sales. We were extremely pleased with the great job he did of representing both the seller and us, the buyer, throughout the process. He always stayed on top of the process and he and the Tampa Yacht Sales staff were always courteous and helpful in every aspect of working with us to secure our dream boat! We would highly recommend them to both buyers and sellers. Thanks so much to your entire staff!! Merry Christmas!!!

2011 Meridian 441 Sedan Bridge Pensacola, FL

5testimonialSeaRay340Sundancer-49

I’ve acquired many boats over the years and dealt with a number of brokers. I can honestly say that my dealings with Shane at Tampa Yacht sales was the most professional of all. The most impressive part of this purchase was the service after the sale. Shane has been there for me within minutes of a need thru texting or on site. A true professional and there aren’t many out there.

2001 Sea Ray 340 Sundancer St Petersburg, FL

13testimonialMeridian391-17

Outstanding broker! Our first experience buying a boat and it was a pleasure dealing with Shane. When we’re ready to move up to a larger boat, I know we’ll be calling Shane.

2011 Meridian 391 Sedan Bridge Cape Coral, FL

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Our brand new 50,000 Sq Ft Consignment dealership in Tampa!

Quick search, welcome to all florida yacht sales.

Thank you for taking the time to visit us. All Florida Yacht Sales has been representing both buyers and sellers in the Florida market for many years. We provide personalized, hands on service throughout the buying and selling process. Our award-winning team will be there with you every step of the way to ensure we meet or exceed your buying and selling experiences.

At All Florida Yacht Sales, our business strategies and abilities to adapt to current market conditions enables us to stay one step ahead of an ever evolving, changing, Yachting, and Boating industry. Lastly, List your Boat with us , and don’t buy a boat without a buyer’s Broker. Let us help guide you through the process!

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Yachts For Sale In Tampa

Boaters, along with Cruise Ships, Coast Guard vessels, tankers, container ships and more, enter Tampa Bay from the Gulf of Mexico beneath the magnificent 430’ high Sunshine Skyway Bridge with cable stays that resemble a ship’s mast and sails when viewed from a distance. The Skyway built in 1987, connects St. Petersburg with Terra Ceia at lower Tampa Bay. Tampa Bay covers a nearly 400 square mile area of great fishing (over 200 species including redfish, snook, trout and mangrove snapper), wakeboarding and other watersports, and recreational boating. The Bay provides boaters access to the many natural sandbar formations and islands, such as Shell Key, Caladesi Island State Park, Egmont Key Wildlife Refuge, Pine Key (Beer Can Island aka Tiki Bay Island), Greer Island Beach, Three Rooker Bar (very popular with weekend boaters), Turtle Beach and many more. Shell collecting is another popular activity.

United Yacht Sales can help you find the perfect yacht for sale in Florida . Give us a call today at 1-772-463-3131 about purchasing a new boat or listing your current yacht on the brokerage market.

YACHTS LOCATED NEAR Tampa Florida

photo of 240' Delta 2006

240' Delta 2006

Palm Beach, Florida, United States

photo of 191' TRINITY Custom 2009

191' TRINITY Custom 2009

Florida, United States

photo of 185' Oceanfast Full Displacement 2004

185' Oceanfast Full Displacement 2004

Fort Lauderdale, Florida, United States

photo of 185' Delta Marine 2001

185' Delta Marine 2001

photo of 180' Benetti 2003

180' Benetti 2003

photo of 170' Amels 2004

170' Amels 2004

photo of 169' Feadship Custom 51M 2003

169' Feadship Custom 51M 2003

photo of 170' Commercial Crew Boat 1991

170' Commercial Crew Boat 1991

Merritt Island, Florida, United States

photo of 165' Naval Yachts 2025

165' Naval Yachts 2025

West Palm Beach, Florida, United States

photo of 165' Trinity Yachts 2009

165' Trinity Yachts 2009

photo of 164' Westport 2020

164' Westport 2020

photo of 164' TRINITY Trinity 164 2011

164' TRINITY Trinity 164 2011

photo of 164' Trinity Yachts 2011

164' Trinity Yachts 2011

photo of 164' Oceanfast Custom 1989

High Occupancy

164' Oceanfast Custom 1989

photo of 164' Heesen Yachts 5000 Aluminum 2022

164' Heesen Yachts 5000 Aluminum 2022

  • Page 1 of 245

Tampa features two waterside walkways; the Bayshore Blvd sidewalk on Hillsborough Bay in South Tampa, is the longest continuous sidewalk in the world at 4.5 miles and 10’ wide. The other is Riverwalk, 2.4 miles along the Hillsborough River in downtown Tampa, lined with restaurants, shops and more. Boaters can find dockage and tie up and enjoy a walk and meal downtown. During the St. Patrick’s Day festivities, a section of the Hillsborough River is dyed green, similarly to the famous Chicago River.

Bayshore Blvd is also the staging site of the Gasparilla Parade of Pirates, held annually the last Saturday of January with festivities in the city and on the water featuring the pirate sailing vessel, Jose Gasparilla. The event, since 2005 (though its history is much earlier), attracts about 200,000 people to the area for celebrating in pirate-carnival style. Along the pirate theme, is the fleet of Pirate Water Taxis with 15 stops along Tampa’s Riverwalk, Channel District, downtown and Davis Island.

Davis Island is the location of many palatial and exclusive waterfront estates, none as well-known as the home of Derek Jeter, the Hall of Fame former NY Yankees baseball star, current CEO and part owner of the Florida Marlins NBL team. And guest residence of new Tampa Bay Buccaneers Quarterback, Tom Brady! Tampa’s NHL hockey team, the Tampa Bay Lightning, won the coveted Stanley Cup this year while the NBL team, Tampa Bay Rays (St. Petersburg), the #1 American League East baseball team, are now in the World Series. Go Tampa Bay!

Though there are loads of waterfront restaurants and bars, only some have dockage or private beachfront accessible to boaters for tie up and dine. The Sail Plaza, Tampa's only 360-degree waterfront restaurant is located on the Riverwalk near the Convention Center and features a dog-friendly patio bar offering cocktails and bites. Dockage is nearby for boaters along with a Pirate Taxi stop. Rick’s on the River, a casual setting known as a fun place for live music and drinks, is a marina, bar and grille and features an oyster bar. Ricks is located on the Hillsborough River with a full marina offering wet slips for rental as well as dockage for the restaurant. Ulele is a native American inspired restaurant and brewery on the Hillsborough River and the Riverwalk, accessible by Pirate Water Taxi.

Columbia Café at the Tampa Bay History Center is located on downtown Tampa waterfront, with indoor and outdoor seating overlooking Garrison Channel that separates downtown from Harbour Island. The Columbia Café, on the Riverwalk, features Cuban/Spanish cuisine, and is Florida’s oldest restaurant and the largest Spanish restaurant in the world! Fee-based boat dock has 8 tie-ups available to boaters; maximum stay is 72 hours. Whiskey Joe’s Bar & Grill, with deck seating and tiki bar is located off Courtney Campbell Causeway (to Clearwater) on Old Tampa Bay, allows boaters to beach on their private beachfront.

And there is the Yacht Starship fleet of four 3-Diamond rated dining yachts that cruise Tampa Bay at evening, offering grand views of Tampa’s skyline, the Bay, exquisite sunsets and award-winning cuisine, along with Holiday and specialty cruises. The largest vessel seats 600 passengers; together the four Yacht Starships can accommodate over 1,000 passengers. The two dock locations are Channelside Harbour near the ferry terminal or Clearwater Beach. Private Charters are available from other local ports. Pirate Water Taxi stop #1 is at the cruise terminal area in the downtown area and is a short walk from the Florida Aquarium. The Aquarium is 200,000 square feet of space exhibiting more than 14,000 animals from Florida and around the world, including Madagascar’s lemurs. One of its features is a 500,000-gallon Coral Reef habitat. The Florida Aquarium is also accessible by the streetcar line of Channelside Bay Plaza.

Search For Your Next Boat For Sale In These Cities:

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SPEAK TO A SALES PROFESSIONAL

yacht sales tampa fl

  • SELLER EXPERIENCE
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  • 813-714-7784

The Best Choice in Brokerage

Landmark Yacht Sales is the top-rated yacht brokerage in the Tampa Bay area with the reviews and referrals to prove it.

Since 2014 we’ve been providing our clients with the experience, direction, and resources necessary to successfully navigate the boat purchase and sale process.

Visit the links below for more information on our services.

  • Our Listings

2021 Yamaha SX190

Listing Details

2021 Yamaha SX190

2004 Sea Ray 270 SunDeck

2004 Sea Ray 270 SunDeck

2012 Sea Hunt Triton 210

2012 Sea Hunt Triton 210

2008 Mako 20 CC

2008 Mako 20 CC

2006 Hydrophilic Egmont 23

2006 Hydrophilic Egmont 23

2019 Chaparral 210 SunCoast

2019 Chaparral 210 SunCoast

2024 Deno 2400 CC

2024 Deno 2400 CC

2017 Edgewater 248 CX

2017 Edgewater 248 CX

2019 Sportsman Masters 267

2019 Sportsman Masters 267

2009 Sea Ray 350 SunDancer

2009 Sea Ray 350 SunDancer

2023 Crevalle 26 HCO

2023 Crevalle 26 HCO

2021 Regal 29 OBX

2021 Regal 29 OBX

Because we represent boats in multiple locations and some require advanced coordination for showings or sea trials, our listings are available to be shown by appointment only.

Please speak to the listing broker directly or contact our office for more information.

yacht sales tampa fl

Meet Our Partners

One of the benefits of working with Landmark Yacht Sales is the direct line of communication you’ll have with one of our partners throughout the entire brokerage process.

Justin Roetken and Rob Buscaino draw on decades of experience to ensure your next boat purchase or sale is a successful one.

Recently Sold

2007 Sailfish 2360

Five-Star Results

Rob was amazing, from our first conversation through closing. Please reach out to them if you you’re looking to sell or buy.

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We purchased a Intrepid boat through Lamdmark Yacht sales. Rob and his team where so professional I would highly recommend there services he is extremely trustworthy and a pleasure to deal with. Greg K

Greg Kay Avatar

My experience with Landmark Yacht sales was with Rob and he was fantastic. He was very patient, knowledgeable and on point. He delivered everything I was looking for. His descriptions were also spot on. I will certainly look to Landmark Yacht for future purchases and highly recommend Landmark and Rob.

Bob Mostone Avatar

Reached out to Rob on a whim in hopes of gathering some information about the brokerage industry. Rob went above and beyond to answer all my questions and even went as far as putting me into contact with brokers and businesses who could better help me. If you are looking for professional service from a great group of guys, Landmark is the only option. This is a knowledgeable and responsive company that puts their clients first.

Thomas Avatar

Great experience buying my first boat! Rob was helpful, patient and thorough during the entire process. Looking forward to a lot of fun on the water.

Robert Whitlock Avatar

Landmark Yachts is a class act. I purchased a boat and Rob was representing the seller. He was very helpful and ethical. I would recommend him.

Rob Leckrone Avatar

Landmark Yachts is fantastic! Justin went far and above my expectations. Helpful efficient and great communication. He helped me buy and sell my last boat. I recommend LandmarkYachts to anyone looking for help buying or selling a boat!

Sandy Vandebult Avatar

Rob made the selling of our boat both painless and easy. We simply signed a few papers, communicated by text and phone over the next several weeks and then had the money wired into account.

George Mayzell Avatar

Justin was an absolute pleasure to work with. He is very professional, knowledgeable and friendly!! We had a great experience and smooth transition. Even after the sale was completed Justin checked on us and assisted us with a few things. We loved working with him!

Rita Sanders Avatar

Rob did a great job selling our boat. We chose to have him handle it hands free and he took care of all the details impeccably.

Kevin Master Avatar

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2023 mystique 800 - skye 2023 mystique 800 - skye, presenting a pinnacle of luxury and performance by esteemed sail catamaran designer and shipbuilder, peter wehrley. this award-winning yacht epitomizes superior craftsmanship and innovation for an unparalleled sailing experience., new yacht specialities.

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Center Console

Motor yachts, yacht broker services, new and used yacht sales  |  luxury yacht charters, selling, buying, or chartering a yacht deserves the utmost level of service, expertise, and experience..

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Florida licensed and bonded international yacht broker.

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At MJ Yacht Pro , we redefine yacht buying by crafting a uniquely enjoyable and personalized journey. With our Yacht Prestige Services , we match individual dreams, ensuring a seamless and fun experience. Together , let's set sail into a world where yacht ownership becomes a cherished and personalized reality.

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CLIENT REVIEWS

Powered by google, michael consistently went above and beyond expectations while he worked with a difficult client... me  it was a long journey finding the right boat for us but michael made it happen. you won't find a better broker anywhere, recently sold yachts.

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2005 New Zealand 115' Wave Piercing Power Catamaran

Now available for new york & bahama cruises.

SOLD Super Yacht My Spirit 115' New Zealand 2005

2020 Lepard 45' Sail Catamaran

yacht sales tampa fl

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talk to boat experts

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></center></p><ul><li>305-562-1258</li></ul><h2>Sell Your Boat with</h2><p>All florida yacht sales, ready to turn your vessel into value.</p><p>We provide personalized, hands on service throughout the buying and selling process. Our award-winning team will be there with you every step of the way to ensure we meet or exceed your buying and selling experiences.</p><h2>Featured Boats</h2><p><center><img style=

What Sets Us Apart

Listings sold in the last 5 years

Consignment in the last 5 years

Team Experts

Total USGC Documented

Years of experience

Buyers Financed in the last 5 years

yacht sales tampa fl

“I want to extend my heartfelt thanks to Matt and the Ruskin team. Initially hesitant, I trusted Matt’s guidance and decided to consign my boat. Their online communication was seamless. The team went above and beyond, picking up and selling my boat in just three weeks, meeting my financial expectations effortlessly. Matt and his team were reassuring, responsive, and true to their word throughout. For anyone looking to sell their boat hassle-free, I highly recommend entrusting Matt and the team at AFYS.  03′ Trophy Pro.”

yacht sales tampa fl

Secure The Keys To Your Maritime Dreams With Flexible Financing

Marine documentation services.

yacht sales tampa fl

Have a boat to sell?

List your boat with a premier broker, latest news, subscribe to our newsletter, be the first to receive our new listings, latest news., our locations, tampa-orlando-jacksonville- new smyrna beach.

  • 1504 7th Street SW Ruskin, FLorida, US 33570

View Directions >

Miami-west palm beach- key west - fort myers.

  • 18211 SW 95th Ct Palmetto Bay, Florida 33157

Boca Raton - New
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  • 4400 N Federal Highway, Suite 210-41 Boca Raton, Florida, US 33431
  • 561-396-9790
  • AFYS Consignment Lot
  • AFYS Documentation Services

© 2023 AFYS All Rights Reserved - Do Not Sell My Personal Information

yacht sales tampa fl

Let Us Sell Your Boat !

Buy, Trade, Sell or Consign Your Boat Through All Florida Yacht Sales.

Buy, Sell or Consign Your Boat with All Florida Yacht Sales - Complete This Form To Get Started!

Consign, sell, or trade your boat with confidence.

Whether you are looking to upgrade your boat, downsize, or find a better boating option for your lifestyle, call an All Florida Yacht Sales professional or visit our brand new 50,000 sq. ft. location opened in 2022!

Consign Your Boat With Us Today!

All Florida Yacht Sales is one of the longest established boat brokerage companies in Florida. Use our experience to get top dollar for your boat. 

Sell Your Boat For Cash Now

Looking to move your boat fast? Call All Florida Yacht Sales today and get a cash offer for your boat. We buy anywhere in the US! 

Buy a Boat With an Experienced Broker

All Florida Yacht Sales has years of experience as a boat Broker. Negotiate your best price with our experienced staff. 

yacht sales tampa fl

All Florida Yacht Sales is Your Premier Boat Consignment partner for:

Power Boats

From fishing and watersports to snorkeling, diving, and cruising, we have the experience buying, selling, trading, and consigning needed to handle boats and yachts of any type or size. 

yacht sales tampa fl

CABIN CRUISERS

yacht sales tampa fl

CUDDY CABINS

yacht sales tampa fl

FISHING BOATS

yacht sales tampa fl

Sell, Consign or Trade your Boat with Ease!

All Florida Yacht Sales is always looking for top quality inventory to add to our over 50,000 sq. ft. location. Contact us today to sell or trade your boat quickly and for top dollar. 

All Florida Yacht Sales Services

Boat consignment.

Consign your boat easily and with confidence with All Florida Yacht Sales. Fill out this form or call us to begin the process. We will find a buyer for your boat and handle all the relevant paperwork making the sales process easier and safer than trying to sell your boat by yourself. Our award-winning consignment professionals have been getting top dollar for our clients for nearly 20 years.

Cash Now For Your Boat

Looking to sell your boat quickly? All Florida Yacht Sales will pay cash for your boat on the spot. Fill out this form or call us today to begin the sales process. A member from their our team will assess your boat's value and offer you cash for your boat at that time. 

Buying or Trading in Your Boat

Don't buy a boat without a buyer's broker! If you are looking for a pre-owned boat or are looking to trade in your boat for a different one, contact the award winning sales professionals at All Florida Yacht Sales today. We will work with you to find the perfect upgrade or pre-owned boat for your needs and find it at the best price around.

yacht sales tampa fl

Learn More About Boat Consignment Today!

Contact us to see what your boat is worth, testimonials.

yacht sales tampa fl

Denise Gonzales

I can not experience my gratitude enough for this team. The sale of our vessel was a tough decision we had to make. But Ethan and his entire team with FL yacht sales made it seamless, quick and they were available to answer any and all questions throughout this process. If you are looking to buy or sell your vessel, I highly recommend this amazing group. Thank you again for providing us with truly exceptional service. Tony and Denise Gonzales

yacht sales tampa fl

Paul Visnoski

Very happy with All Florida Yacht Sales. Everything was done in a professional manner and always kept me updated. My broker was Marty Ficalora and spent many hours showing my boat multiple times in an effort to sell it. I was updated on every showing and comments from potential buyers. He even met me at the boat to help fix a couple of issues. Marty was truthful with buyers, and it was a pleasure working with him.

yacht sales tampa fl

Powered By: All Florida Yacht Sales

1504 7th st. sw..

Ruskin, FL 33570

941-290-5107

CALL TODAY!

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DENISON YACHT SALES TAMPA BAY +

Twin dolphin marina, office address, office hours.

Mon 9:00AM - 5:00PM

Tue 9:00AM - 5:00PM

Wed 9:00AM - 5:00PM

Thu 9:00AM - 5:00PM

Fri 9:00AM - 5:00PM

For years, Twin Dolphin Marina has been serving the boating needs of the Tampa Bay area. In addition, with a team of experienced brokers at our Tampa Bay area locations, Denison is here to help assist in meeting any and all needs, whether it’s brokerage services, a slip, maintenance, local attractions, restaurants, or just a helpful hand. Broker Gregg Somerville grew up living on the water in South Florida fishing and diving in the Bahamas. From a very early age, he worked in his family’s sporting goods business in Ft. Lauderdale and spent the summers tournament fishing and cruising throughout the Caribbean. Peter has a deep knowledge of powerboats, sailboats and the live-aboard lifestyle. He and his wife currently live aboard a catamaran in Bradenton. Additionally, he is a licensed Coast Guard captain. Peter prides himself on providing personable, trustworthy service to his clients who are buying or selling boats.

  • Email This location
  • Call (941) 248-3530

Yachts For Sale Near Tamp Bay

Arthur's Way 121' Benetti 2008

Arthur's Way 121' Benetti 2008

Cool Breeze 67' Viking 2006

Cool Breeze 67' Viking 2006

T/t Arthur's Way 65' HCB 2020

T/t Arthur's Way 65' HCB 2020

West palm beach.

Drop Out 56' Pershing 2007

Drop Out 56' Pershing 2007

Trippin South Iii 38' Scout 2019

Trippin South Iii 38' Scout 2019

Orange beach.

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4904 Yacht Club Drive, Tampa, FL 33616

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Sold Date: 03/23/2022

4904 Yacht Club Drive Tampa, FL 33616

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4 beds 6 baths 4,572 sq ft Single Family

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Business | South Florida yacht brokers hit with lawsuits…

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Business | south florida yacht brokers hit with lawsuits that claim 10% commissions violate antitrust laws.

Yachts are among the vessels seen on display in this 2019 file photo in Palm Beach County. Two new lawsuits, filed in 2024, aim to upend years-old ways of awarding commissions to brokers representing boat sellers and buyers. (South Florida Sun Sentinel file photo)

Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida’s yacht broker industry are anticompetitive and violate antitrust laws.

The claims follow an October finding by a federal jury in Kansas City, Missouri, that the National Association of Realtors conspired with brokers to artificially inflate commissions paid to real estate brokers. The ruling, and a March 15 settlement by the Realtors, is expected to radically change how homes are sold in the United States.

Both lawsuits involving yacht brokers name as defendants the International Yacht Brokers Association, based in Fort Lauderdale, the Yacht Brokers Association of America, Boats Group LLC and YATCO LLC.

Also listed as defendants in both suits are a who’s who of South Florida-based yacht brokers, including Denison Yacht Sales, MarineMax Inc., Galati Yacht Sales Inc., Allied Marine Inc., Tournament Yacht Sales LLC and Northrop & Johnson Yacht Ships, among others.

Nearly all of the defendants are headquartered in South Florida.

The most recent suit, filed on March 22, proposes a class of plaintiffs that includes anyone who listed vessels on certain Multiple Listing Services using a listing agent or broker affiliated with one of the defendants and paid a buyer’s broker commission since March 22, 2020.

The lead plaintiff in the lawsuit is Kip Lamar Snell, identified as an Alabama resident. Snell entered into an agreement with Galati to sell a 41-foot Express Cruiser Sea Ray in July 2020 and ended up paying a $12,000 commission on the $120,000 sale price, the suit states. The lawsuit lists as defendants 15 brokers and six organizations that promote the yacht trade or operate Multiple Listing Services.

That lawsuit follows one filed on Feb. 29 that proposes a class of plaintiffs that includes anyone who paid a commission to a listing broker affiliated with the defendants since Feb. 19, 2020. It lists as defendants 11 brokers and five organizations that promote the yacht trade or operate Multiple Listing Services.

The lead plaintiff in that suit is Ya Mon Expeditions, a Wyoming company that paid a “substantial broker commission” when it sold a vessel in January 2023 while represented by Tournament Yacht Sales of Tequesta.

The most recent complaint accuses the trade associations of colluding with brokers to “enforce an anticompetitive restraint that requires (sellers of pre-owned yachts and boats) to pay a brokerage fee to the buyer’s broker and a total aggregate commission fee that is inflated as a condition for selling their yachts.”

The complaint states the typical commission is 10% and is shared between the seller’s broker and the buyer’s broker under terms spelled out in Central Listing Agreements provided by the brokers associations, including the International Yacht Brokers Association and the Yacht Brokers Association of America.

Only boat brokers are able to list boats and yachts on such Multiple Listing Services as YachtWorld.com, BoatTrader.com and Boats.com, and the Multiple Listing Services will not accept listings from owners who want to sell their vessels themselves, the lawsuit states.

Yacht owners are “severely disadvantaged” if they do not list their boats for sale on the listing services, while buyers suffer because their brokers are “financially incentivized” to show boats that will earn them standard “and inflated” commission rates of 4% to 5% through co-brokerage transactions, the complaint states.

None of the defendants contacted for this story responded to a request for comment, and no response has been filed yet in either case.

Robert Allen Jr., whose Miami-based law firm Robert Allen Law represents the International Yacht Brokers Association, did not respond to emails or return a phone call.

A woman who answered the phone at the International Yacht Brokers Association said, “We have no comment on that,” and hung up after a reporter asked for her name.

Of six brokers contacted for comment about the lawsuits, only Tournament Yacht Sales responded to emails. “No comment,” the company’s response stated.

Overall commissions have increased faster than the rate of inflation in recent years as the price of larger boats and yachts have increased, according to the lawsuit that lists Snell as lead plaintiff.

The result is that boat owners pay “hundreds of millions of dollars” in inflated commissions each year, the suit alleges.

Both lawsuits allege violations of the Sherman Antitrust Act that are upheld by “brokers who should be competing with one another but, instead, cooperate with each other to the detriment of pre-owned boat sellers.”

Some brokerages represent both buyers and sellers and retain the entire 10% commissions, the suits state.

The trade associations enforce rules requiring brokers to offer their boats through a listing service and to share commissions, the suits state, adding that they can impose significant penalties on members who do not comply with their rules.

Yacht purchasers are disadvantaged by the current system, the lawsuit alleges, because their agents would otherwise negotiate for their business by decreasing their commission rates.

But buyer brokers’ commissions have remained constant despite their diminishing role, the suits state. Many buyers today find boats they are interested in purchasing through online searches and enlist the services of a buyer’s broker only after identifying the yacht they want to buy, the suits claim.

The lawsuits seek an order declaring the commission structure to be illegal, a permanent injunction outlawing what they describe as anticompetitive conduct, plus damages and/or restitution, pre- and post-judgment interest, and attorneys’ fees.

Paul Geller, an attorney for one of two law firms representing the class that includes Snell, acknowledged “parallels between the allegations relating to commissions in the real estate and yacht markets.”

In the real estate matter, the National Association of Realtors on March 15 agreed to a $418 million proposed settlement that would free home sellers from paying commissions to brokers for both sellers and buyers.

After a jury ruled for the plaintiffs in the case against the National Association of Realtors in October, numerous lawsuits were filed across the country with similar allegations, including one in December against the Florida Association of Realtors and 16 brokerages.

“At bottom, the goals of (the suit against the yacht brokers) are similar: protecting consumers by challenging what we allege to be anti-competitive conduct,” Geller said by email. “We believe in the universal truth that consumers benefit by increased transparency and the competitive pricing that results from negotiated terms, including commissions.”

Geller is a partner at Robbins Geller Rudman & Dowd LLP, which specializes in securities litigation on behalf of investors. The firm has offices in 10 cities, including Boca Raton.

Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at [email protected].

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  22. 4904 Yacht Club Drive, Tampa, FL, 33616

    Listing ListingDetail - Edina Realty. Photos. Sold Price: $1,951,000. Sold Date: 03/23/2022. 4904 Yacht Club Drive Tampa, FL 33616. Sold MLS# T3353423. 4 beds 6 baths 4,572 sq ft Single Family.

  23. South Florida yacht brokers hit with lawsuits that claim 10%

    PUBLISHED: March 27, 2024 at 6:20 a.m. | UPDATED: March 28, 2024 at 5:28 p.m. Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida's yacht broker industry ...