MARGATE is a 111’ Broward Raised Pilothouse, a well-built American yacht with an aluminum hull and superstructure that delivers strength and reliability. Designed for comfortable cruising, she maintains an economical cruising speed of 10 knots and reaches a top speed of 20 knots. A full-scale 2022 refit brought her up to modern standards, making her a great option for buyers seeking a classic Broward with contemporary upgrades. The refit included new paint on her superstructure, all-new soft goods, and the addition of a six-person Jacuzzi on the flybridge. Interior updates included new flooring throughout, refreshed wall and window coverings, and upgraded appliances, plus a walk-up bar and grill on the flybridge and a new bar in the main salon.
Built to maximize both space and function, MARGATE features a bright and modern interior with windows that flood the main salon and dining area with natural light. The open and airy layout provides an inviting atmosphere, while the updated dining and salon areas are perfect for enjoying a meal together and enjoying conversation. The country-style galley is another highlight, offering a casual and social space that makes it ideal for families who prefer a more interactive dining experience.
Accommodations are well-appointed for up to 10 guests in four staterooms. The full-beam master suite is positioned amidships and features a centerline king bed. The VIP stateroom is furnished with a queen bed, while two twin guest staterooms offer a practical layout, each featuring both a double and a single bed to maximize versatility. A dedicated crew of four is accommodated separately.
MARGATE’s exterior features a large aft deck, which offers a covered dining area with a built-in settee, loose dining chairs, and a well-equipped bar to port. A wall-mounted TV adds to the space’s entertainment appeal, while the starboard-side staircase provides easy access to the flybridge. The flybridge itself is a standout feature, boasting a Jacuzzi, a BBQ grill, generous seating, and a dining table, along with a second helm station. The foredeck offers additional lounging space with a cushioned seating area for two and an extra sunpad positioned on the bow, perfect for sunbathing. Aft of the dining area, the yacht’s cockpit and swim platform provide seamless access to the water, enhanced by a floating cabana for a premium on-the-water experience.
Equipped with reliable CAT3412 engines and Northern Lights generators, MARGATE is built for consistent, long-range performance. Her strong operational foundation, paired with her established success as a charter vessel in the Bahamas, makes her an attractive opportunity for buyers interested in both private cruising and charter revenue potential. Her next owner will also benefit from over $600,000 in gross revenues already confirmed for spring and summer 2025, ensuring immediate returns.
