Notices

Dockominiums Pros/Cons

Old 07-26-2005, 03:40 PM
  #1  
Registered
Thread Starter
 
Join Date: Jan 2001
Location: Toms River NJ
Posts: 2,633
Received 13 Likes on 6 Posts
Default Dockominiums Pros/Cons

I'm considering purchasing a dockominium in the Ft. Myers Florida area. What are the Pros and Cons of these. On the surface it appears great-full use of resort facilities, cable,water, electric, fuel at cost, use of pool, restaurant, bar and high/dry storage. Is there anything I should be aware of? How much is insurance?
Thanks for your input!
Fast Shafts is offline  
Old 07-27-2005, 07:33 AM
  #2  
Registered
Thread Starter
 
Join Date: Jan 2001
Location: Toms River NJ
Posts: 2,633
Received 13 Likes on 6 Posts
Default Re: Dockominiums Pros/Cons

T T T
Fast Shafts is offline  
Old 07-27-2005, 07:40 AM
  #3  
Charter Member
Charter Member
 
Dean Ferry's Avatar
 
Join Date: Nov 2000
Location: Merritt Is. Fl. USA
Posts: 7,212
Received 393 Likes on 141 Posts
Default Re: Dockominiums Pros/Cons

Originally Posted by Robert Geoghegan
I'm considering purchasing a dockominium in the Ft. Myers Florida area. What are the Pros and Cons of these. On the surface it appears great-full use of resort facilities, cable,water, electric, fuel at cost, use of pool, restaurant, bar and high/dry storage. Is there anything I should be aware of? How much is insurance?
Thanks for your input!
Robert,
I've got to ask the dumb questions, What is a "dockominium"?
Thanks,
Dean
Dean Ferry is offline  
Old 07-27-2005, 08:04 AM
  #4  
Registered
 
ratman's Avatar
 
Join Date: Oct 2004
Location: medellin colombia, pablo escobar's lil town
Posts: 8,390
Likes: 0
Received 5 Likes on 3 Posts
Default Re: Dockominiums Pros/Cons

I've got to ask the dumb questions, What is a "dockominium"?
ditto
ratman is offline  
Old 07-27-2005, 08:04 AM
  #5  
Rob
VIP Member
iTrader: (6)
 
Strip Poker 388's Avatar
 
Join Date: Aug 2001
Location: Ms
Posts: 21,632
Received 6 Likes on 6 Posts
Default Re: Dockominiums Pros/Cons

Its a condo with a boat slip under it .

hope ya get good neighbors
__________________
.

The Only Time You Have To Much Ammo Is When Your Swimming Or On Fire.
Strip Poker 388 is offline  
Old 07-27-2005, 08:27 AM
  #6  
Registered
 
Join Date: Mar 2001
Location: Cape Coral FL
Posts: 2,164
Likes: 0
Received 2 Likes on 2 Posts
Default Re: Dockominiums Pros/Cons

It's a rack storage facility that's gone condo. Instead of renting you now own it just like buying a condo. The upside is that you now own an asset with appreciation potential. This one is located next to Sanibel Harbor Resort and they are giving you resort privileges with you membership.
It's a great location and if they deliver everything that's promised it looks to be a nice set up.
salesmanship is offline  
Old 07-27-2005, 12:49 PM
  #7  
Registered
Thread Starter
 
Join Date: Jan 2001
Location: Toms River NJ
Posts: 2,633
Received 13 Likes on 6 Posts
Default Re: Dockominiums Pros/Cons

Sales, is right. The facility I'm considering is next to the Sanibel Harbour Resort. I'm surprized more people aren't familiar with "dockominiums". It appears to be a beautiful facility. The way I understand it is: you own the dock space but have the option of rack storage when you are not there, or have the option to rent your dock out. One can also sell the dock-just like a condo.
I'm curious as to 1) how much appreciation to expect? 2) How much $ do similar dockominiums cost?
Fast Shafts is offline  
Old 07-27-2005, 01:09 PM
  #8  
Charter Member
Charter Member
 
Dean Ferry's Avatar
 
Join Date: Nov 2000
Location: Merritt Is. Fl. USA
Posts: 7,212
Received 393 Likes on 141 Posts
Default Re: Dockominiums Pros/Cons

Who owns the submerged land under the slip and dock? Is it a submerged land lease from the state of Fl.? I'd ask that Q?
Dean Ferry is offline  
Old 07-27-2005, 01:31 PM
  #9  
Registered
iTrader: (2)
 
Join Date: Mar 2003
Location: Dallas
Posts: 3,064
Received 61 Likes on 22 Posts
Default Re: Dockominiums Pros/Cons

Sounds a little different than a Texas style dockominium. Above the slip we have a 2 bedroom 2 bath, full kitchen, living room with bigscreen and surround sound. At dock level a full rock face bar and patio area. I know this wouldnt happen in Florida but it is fun to compare. Wish ours was in Florida, It might be if this one sells....Any takers?
Attached Thumbnails Dockominiums  Pros/Cons-fourth-020.jpg   Dockominiums  Pros/Cons-fourth-025.jpg  
TxHawk is offline  
Old 07-27-2005, 01:42 PM
  #10  
Registered
Thread Starter
 
Join Date: Jan 2001
Location: Toms River NJ
Posts: 2,633
Received 13 Likes on 6 Posts
Default Re: Dockominiums Pros/Cons

Hawk,
How much do those units go for $ ?? Looks sweet-I wish the units in Fl. came with a "living unit".
Fast Shafts is offline  

Quick Reply: Dockominiums Pros/Cons


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.