Multimillion Dollar Improvements at Ocean Reef Club
New concrete floating docks from Bellingham Marine have replaced the fixed piers at the Ocean Reef Club’s Marina and Marina Village Condominiums, thus giving a big boost to property values. “The decision to upgrade our docks was one we knew would pay off,” said Sandy Marks, board member of F-Dock, in a release from Bellingham Marine, in Bellingham, Washington. “What we didn’t anticipate was how large the payoff would be.
A single slip that was priced at $250,000 before the renovation is now valued at close to $750,000. The returns are even more impressive for the owners of the largest slips.” New dock features include fully encased concrete floats, rounded finger ends, composite trim, telescoping pile and underwater lights.
The private Ocean Reef Club Marina is located in Key Largo, Florida and offers berthing for 175 yachts. www.oceanreef.com