How to Buy Your First Powerboat in Florida: A Complete Guide

Buying your first powerboat is an exciting milestone, especially in Florida where year-round boating, fishing, and family cruising are part of the lifestyle. But with so many boat types, brands, and price points to choose from, it’s easy to feel overwhelmed. Whether you’re looking to island-hop in the Keys, chase sailfish off Stuart, or spend weekends tubing with the kids, the right boat will give you years of enjoyment.

This guide by Ward Yacht Sales will walk you through everything you need to know about buying your first powerboat in Florida. We’ll cover the types of boats worth considering, recommended brands, the pros and cons of buying used, how a broker can add value, what to budget for maintenance, and how to decide if financing is right for you.

Step 1: Choose the Right Type of Powerboat

If you’re shopping for a boat for a casual day at the sandbar but with room for family and friends and the ability to make longer trips to the keys, offshore, or even the Bahamas, these are the types of boats you should be considering:

• Center Consoles – A top choice in Florida. These boats are built for offshore fishing but are also great for family outings, diving, and cruising. Brands like Boston Whaler, Grady-White, and Pursuit are popular for their build quality and resale value.

• Dual Consoles – Offer the fishing capabilities of a center console but with more seating and comfort for family trips. Great for buyers who want a balance between angling and leisure.

• Walkarounds – Provide a small cabin with a berth and head, making them useful for overnight trips while still being fish-friendly.

• Express Cruisers – If family comfort is the priority and fishing is secondary, an express cruiser with air conditioning and a cabin might be worth considering.

Express Cruisers prioritize comfort and are better for overnight trips

Step 2: Brands That Balance Value and Quality

Not all boats are created equal, and some brands hold up better in Florida’s saltwater environment. They also hold their value better over time. If you’re looking for reliable construction and strong resale value without overspending, here are some of the boat brands we think you should consider:

• Grady-White – Premium fit and finish, family-friendly layouts, and offshore capability.

• Pursuit – Known for versatility and quality; strong dealer and service network in Florida.

• Everglades – Great ride in rough seas; excellent reputation among serious anglers.

• Scout – Sleek design, efficient hulls, and good balance between luxury and fishability.

• Boston Whaler – Legendary “unsinkable” hulls, though pricing can trend higher.

Each of these brands offers models in the 25–35 foot range that can meet both fishing and family needs. This is a great size range for a first boat.

Step 3: Consider the Benefits of Buying Used

Buying new has appeal, but in the real world of boating, depreciation on a new boat is often steep. Here’s why many first-time buyers in Florida go pre-owned:

• Lower Cost of Entry – A well maintained 2 to 5-year-old boat with low hours can cost 20–30% less than buying new.

• Upgrades Already Installed – Electronics, trolling motors, and outriggers and other upgrades often come with the boat, so you are buying at a discount.

• Proven – You can inspect and compare how the different makes and models have held up in real-world conditions.

• Easier Resale – Since the boat has already depreciated, you’re less likely to take a big loss if you decide to sell in a few years.

Dual Console boats are an excellent compromise between comfort and function

Step 4: Work with an Experienced Florida Yacht Broker

While it’s entirely possible to buy directly from an owner or dealer, an experienced broker adds a lot of value, especially if you are a first time buyer or your time to commit to the process is limited:

• Off Market Listings – Brokers know about boats that may not be widely advertised before they come onto the market.

• Negotiation Expertise – They can help you secure a fair deal and protect you from overpaying, since they know the market conditions and they know how much comps have actually sold for, not just the average asking prices. They are like a professional wilderness guide, helping you clear the bushes and steer clear of potential danger.

• Escrow, Closing Paperwork, & Title Transfer – a broker helps protect your interests and increase confidence for both the buyer and seller by providing escrow services, managing contracts to keep terms clear, and expertise in navigating the end-to-end purchase process. They also help you navigate Florida’s title transfer, tax, and registration process which can be complex and time consuming, especially with out-of-state or foreign-flagged vessels.

• Survey & Sea Trial Coordination – Brokers arrange inspections and ensure any issues are addressed before closing so you don't end up buying a lemon.

• Financing & Insurance Guidance – Many brokers work with lenders and insurers daily, saving you time and money.

• Access to a trusted professional network – a broker can be an asset during and after your purchase, connecting you with trusted marine professionals and often providing you with discounts if you decide to purchase upgrades.

Best of all, as a buyer, you have everything to gain and nothing to lose by working with a buyer's broker, since the seller pays the commission which is split between the listing broker and the buyer's broker, based on the commission the seller has already agreed to pay. Ward Yacht Sales team of experienced brokers throughout the state of Florida will be honored to assist you with your next powerboat purchase.

Step 5: Budget for Annual Maintenance

Owning a boat is rewarding, but maintenance costs are a reality. For a 25–35 foot powerboat valued around $100K–$200K, expect to budget:

• Annual Maintenance: $8,000–$12,000 (includes engine service, detailing, bottom paint, and general upkeep).

• Dockage/Storage: $300–$1,000+ per month, depending on marina and location.

• Insurance: $2,000–$4,000 annually, depending on size, age, and cruising area.

• Fuel: Highly variable, but offshore trips can easily run $300–$500 per outing.

Budgeting realistically avoids surprises and ensures you can enjoy your boat worry-free.

Step 6: Decide Whether Financing Is Right for You

For boats over $100,000, many buyers in Florida finance their purchase rather than paying cash upfront. Here are some considerations:

• Boat Loans – Marine lenders offer terms up to 15–20 years, which keeps monthly payments manageable.

• Tax Benefits – In some cases, interest on a boat loan can be deductible if the boat has a berth and head (making it qualify as a second home). Consult a tax professional.

• Cash Flow – Financing allows you to keep capital available for other investments.

• Total Cost – Be aware that financing adds interest expense, so compare the total cost over the life of the loan with the benefits of preserving cash.

A broker can connect you with reputable marine lenders to run scenarios and see what makes sense for your situation.

Final Thoughts - How to Buy Your First Powerboat in Florida

Buying your first powerboat in Florida is an investment in a lifestyle. By choosing the right type of boat, focusing on brands that balance quality and value, considering a pre-owned vessel, and working with an experienced broker, you’ll set yourself up for maximum value and satisfaction. Factor in maintenance, insurance, and storage costs early, and make a thoughtful decision about whether financing is right for you.

With the right preparation, you’ll be ready to enjoy Florida’s waterways for fishing, cruising, diving, or simply making memories with family and friends. If we can assist with your search, we would be honored to help! Contact us today and let's get you out on the water with confidence.