Public boat auction scheduled in Florida - Trade Only Today

Public boat auction scheduled in Florida

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Marine Industries Unlimited, producer of the South Florida Boat Show, is sponsoring a public boat auction March 27 in Dania Beach, Fla.

The Pompano Beach, Fla.-based group held its first auction in November and said the success of the event made it add a second one.

The first auction featured everything from personal watercraft to 40-foot performance boats. Inventory came from banks, credit unions, dealer consignments and private individuals.

"It was a great way to move product. There are so many good boats that people have forgotten about and this is a great way to put them back in the spotlight," organizer Brad Michael said in a statement.

"If the boat is not currently produced, people aren't searching for them," he added. "Take, for example, Stratos Offshore or Sea Pro. They are both good boats, but are no longer in production. We also had some individual short sales, and it was great to get the burden off those individuals' balance sheets and help the banks out as well without them having to go through the repo process."

A preview and mechanical inspection is set for March 26.

Contact Michael at (954) 270-2187 or click here for information.

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