111’ (33.83m) Broward MARGATE Now Asking $2,700,000

Northrop & Johnson is pleased to announce a $250,000 price reduction on the 111’ (33.83m) Broward MARGATE. Now listed at $2,700,000 with Yacht Broker Kristen Klein, MARGATE presents an exciting opportunity for buyers seeking a classic American yacht with serious charter potential and modern upgrades.

MARGATE is a proven performer with an impressive track record in The Bahamas charter market and over $600,000 in gross charter revenue already booked for spring/summer 2025. Built with an aluminum hull and superstructure, she offers a strong, reliable platform powered by CAT3412 engines and Northern Lights generators – a solid foundation for private cruising or charter business alike.

Following an extensive 2022 refit, MARGATE is in turnkey condition. Her updates include a fresh paint job on the superstructure, all-new soft goods, and key lifestyle additions like a six-person Jacuzzi and a walk-up bar on the flybridge. The main salon also boasts a new bar, complemented by upgraded appliances, new flooring, and revitalized wall and window treatments throughout.

Designed with guest comfort in mind, MARGATE accommodates 10 guests in four flexible staterooms, including a full-beam king master, queen VIP, and two guest cabins each with a double and single bed. All cabins feature updated ensuites. Her bright, open interior layout is paired with a country-style galley that brings warm, social energy to mealtimes.

MARGATE offers plenty of outdoor living space, including a covered aft deck with dining and bar setup, a sun-soaked foredeck with sunpad seating, and an expansive flybridge with a Jacuzzi, grill, dining table, and second helm station. A large cockpit and swim platform with a floating cabana deliver easy access to the water.

With her updated condition, proven charter success, and unbeatable new price, MARGATE is an outstanding option for buyers looking to step into yacht ownership with a revenue stream already in place.

For more information on MARGATE, please contact Yacht Broker Kristen Klein. For media requests and photos of this yacht, contact N&J’s press team.

If you’re interested in buying or selling a yacht, contact the professional team of yacht brokers at Northrop & Johnson today. As a world-leading yacht brokerage, Northrop & Johnson offers access to thousands of luxury yachts for sale around the world, including private yachts not publicly advertised for sale. From yacht sales to new construction, contact our team of yacht brokers to get the results you need.