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Broward 2022 "MARGATE" Yacht for Sale

YEAR : 1997 | ASKING PRICE : 2,700,000
Nassau, BS

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Broward 2022 "MARGATE"

Yacht for Sale
YEAR : 1997
ASKING PRICE : 2,700,000
Nassau, BS

220 views

MARGATE 1997 Broward 2022 Yacht For Sale in Nassau
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Asking Price

2,700,000 / REMOVED

Contact Broker

Nicolas Guitard

Nicolas Guitard

Yacht Broker & Director

Miami Beach, FL, US

Overview

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.

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Highlights

  • Manufacturer
    Broward
  • Model
    2022
  • Year
    1997
  • LOA
    111 ft - 33.83 meter
  • Beam
    20 ft - 6.1 meter
  • Draft - max
    6 ft - 1.83 meter
  • Engine Brand
    Caterpillar
  • Engine Hours
    3943
  • Number of Rooms
    6

Basic Information

  • Category
    Power
  • Condition
    Used
  • Location
    Nassau, BS
  • Vessel Name
    MARGATE
  • Boat Type
    Motor Yacht
  • Hull Material
    Aluminum
  • HIN:
    BWD00262G797
  • Flag of Registry
    BS
  • Available for sale in U.S. waters
    Yes

Dimensions & Weight

  • Length
    111 ft - 33.83 meter
  • LOA:
    111 ft - 33.83 meter
  • Beam:
    20 ft - 6.1 meter
  • Draft - max:
    6 ft - 1.83 meter

Engine

  • Make:
    Caterpillar
  • Model:
    3412
  • Engine(s):
    2
  • Hours:
    3943
  • Cruise Speed:
    14 MPH
  • Engine Type:
    Inboard
  • Fuel Type:
    Diesel
  • Horsepower:
    1300 (Individual), 2600 (combined)
  • Max Speed:
    23 MPH

Tank Capacities

  • Fuel Tank:
    7400 gallons - 1 tank(s)
  • Fresh Water Tank:
    1000 gallons - 1 tank(s)

Accommodations

  • Total Cabins:
    6
  • Total Heads:
    7

Descriptions

SPECIAL FEATURES

1. Well established, excellent charter reputation and following! 20 weeks booked in 2025 with 4 more weeks to close out the year from mid-October 2025- January 2026.

2. Refit in 2022 included new paint job to the superstructure, new hot tub, new bar on the flybridge and in the main salon, and new soft goods. (Full refit details below)

3. Reliable CAT3412 engines and Northern Lights 40kW generators.

4. Guest accommodations for 10 guests in 4 beautifully appointed staterooms- including a king master, 1 queen, and 2 staterooms with both a double and single bed in each. All staterooms feature their own, updated ensuite.

5. Modern, bright, and updated interior provides an excellent guest experience. Expansive windows on the main deck bring in outstanding natural light. 

6. Country style galley, expansive flybridge with all the guest amenities, and large cockpit and swim platform provide ease of access to the water. 



ACCOMMODATIONS

MARGATE accommodates up to 10 guests in 4 beautifully appointed staterooms, including a full-beam master stateroom on the lower deck. She sleeps up to 4 crew in 2 cabins, located aft. 

Master Stateroom:

  • (1) x king bed, forward on lower deck
  • "His" and "Hers" En-suite with shared, custom shower
  • (2) x walk-in closets

Guest Staterooms:

  • (1) x VIP queen, bow, including expansive office area with desk
  • (1) x double and single bed, port
  • (1) x double and single bed, starboard
  • All cabins have their own dedicated ensuite

Crew accommodations, accessed through cockpit door

  • (1) x captain's cabin, double-berth lower and single berth over, with ensuite
  • (1) x crew cabin, double-berth lower and single berth over, with ensuite


DIMENSIONS

General

  • Length Overall:111'
  • Beam:20'
  • Draft Maximum:6'
  • Draft Minimum:6'
  • Registered Gross Tons:163
  • Registered Net Tons:48

Capacities

  • Fuel Capacity:(6) x tanks, 7,400 US Gallons total
  • Freshwater Capacity:(1) x tank, 1,000 US Gallons

Approximate Speeds, RPM's, Fuel Consumption

  • Speed 10 Knots / RPM 1200 / Fuel Consumption 14 US Gallons/hour
  • Speed 16 knots / RPM 1850 / Fuel Consumption 38 US Gallons/hour
  • Speed 18 knots / RPM 2000 / Fuel Consumption 44 US Gallons/hour


CONSTRUCTION
  • Aluminum hull and superstructure
  • Teak deck on main deck aft; non-skid
  • Superstructure paint completed in 2022


MACHINERY

Main Engines

  • Engine Type: (2) x CAT3412, maximum rated 2300 RPM; 1300hp each
  • Engine Hours (9.2025): Port: 3,943 hrs. / Stbd: 3,761 hrs.
  • Gearboxes: ZF AG 2.57:1 #BW195
  • Shafts: 3 1/2" stainless steel
  • Propellors: (2) x 5-bladed

Generators & Electricity

  • (2) x Northern Lights 40kW, 1800 RPM each
  • Generator Hours (9.2025): Port: 5,003 hrs / Stbd: 7,964 hrs
  • Frequency: 60 Hz
  • Voltage:120/240

Batteries: 

  • Main Engines: (2) x 12-V 8D, 
  • Generators: (2) x 12-V 8D
  • House: (2) x 12-V 8D
  • Electronics: (2) 12-V 8D gel

Air-Conditioning

  • Type: Dometic, chilled water
  • (2) x compressors

Other Machinery

  • Watermaker: FCI watermaker; 1200 GPH
  • Water Heater: (2) x 90 USG, electric
  • Stabilizers: Naiad 302 with 9 sq. ft. fins
  • Bow Thruster: American
  • Steering System: Hydraulic 
  • Fuel Filtration:(3) x Racor filters, each engine / (1) x Racor filter, each generator
  • Exhaust: Water collector-type muffler/ underwater exhaust


FIRE-FIGHTING AND SAFETY EQUIPMENT
  • Fire System: FM200
  • Portable Extinguishers: (12) x dry chemical / (4) x CO2
  • Life Raft: (2) x Arimar, 8-person
  • Life Jackets: Assorted, Type I and II
  • EPIRB: (1) x Ocean Signal
  • Life Rings: (2) x 24" USCG approved
  • Horn: Electric/Air
  • First Aid Kit: Coastal


ELECTRONICS
  • Radar: (2) x Garmin
  • VHF: (2) x VHF / (1) x SEA Icom IC-M402
  • SatCom: KVH VSat
  • GPS: Garmin
  • Depthsounder: B&G
  • Compass: Danforth, magnetic 
  • Searchlight: ACR


DECK EQUIPMENT
  • Anchor: (1) x Forjford 200-lb
  • Anchor Chain: Approx. 250' of chain
  • Windlass: (1) x Maxwell 3500
  • Jacuzzi: 6-person, flybridge


ENTERTAINMENT SYSTEMS

Video Equipment

  • (1) x 75" SamsungMain Salon/Dining, behind art on wall
  • (1) x 42" LGGalley
  • (1) x 25" LGVIP cabin, bow
  • 1) x 42" SonyMaster Stateroom
  • (2) x 26" SharpPort Aft Cabin, Starboard Aft Cabin
  • (1) x 40" SamsungMain Deck Aft
  • SatTV Receivers: KVH TracVision / 7 DirecTV receivers

Audio Equipment

  • Stereos: Alpine/Pioneer
  • Speakers: JL Audio


GALLEY AND LAUNDRY EQUIPMENT

Galley Equipment

  • Cooking Equipment: (1) x Schott Ceran, 5-burner cooktop / (1) x GE Profile Double Oven / (1) x GE Microwave
  • Refrigeration & Freezer: (1) x Sub-Zero fridge/freezer (Galley) / (2) x GE under-counter (Galley, Main Deck Aft) / (1) x under-counter (Main Salon bar) / (1) x Avanti under-counter freezer (VIP cabin closet) / (2) x chest freezers (Cockpit) / (1) x Summit under-counter fridge (Flybridge)
  • Dishwasher: (1) x Samsung (Galley)
  • Wine Cooler:(1) x GE 54-bottle under counter (Galley)
  • Icemaker:(1) x Isotherm (Main Salon bar) / (1) x Ice Maker (Flybridge)
  • Misc: (3) x bar sinks (Main Salon Bar, Main Deck Aft, Flybridge)
  • Grill: Yes, Flybridge

Laundry Equipment

  • Washers: (2) x Bosch (lower guest foyer, crew)
  • Dryers: (2) x Bosch (lower guest foyer, crew)


TOYS
  • Jet Skis:(2) x Yamaha Cruisers
  • Waterslide
  • Floating Beach Cabana


REFIT 2022
  • Aft deck overhead replaced with painted panels
  • New paint job from rub rail up
  • New molded-in, 6-person, hot tub
  • New walk-up bar and grill on the flybridge
  • New exterior covers and awnings (2022)
  • Bottom hard sanded and painted (2019)
  • Maxwell 3500 windlass serviced
  • New bar in main salon
  • New custom coffer ceiling in dining area
  • New carpets, laminate and porcelain tile throughout
  • New wall coverings and window coverings
  • New rope lighting, decorative sconces and mirrors
  • New appliances, small refrigerators, and icemaker
  • New washers and dryers
  • New Headhunter toilets throughout
  • New mattresses in all staterooms
  • VIP Stateroom molding and carpentry upgrade
  • New rope lighting
  • Crew quarters completely rebuilt- walls stripped, cleaned, and painted (2020), new air handlers and ducting 
  • New Samsung washer/dryer in crew quarters (2021)
  • New exhaust manifolds
  • New batteries
  • New freshwater and saltwater pumps
  • New DeAngelo aluminum exhaust mufflers (removed and serviced 2020)
  • Raw water intake standpipe plumbing (renewed 2021)
  • Starboard generator electrical end replaced (2021)
  • (2) x New Garmin XHD radars and updated electronics


EXCLUSIONS

The name MARGATE is reserved. The owner's and crew's personal belongings. A detailed list of exclusions will be provided at the time of a fully executed Purchase & Sale Agreement. 



Disclaimer

Specifications and details of this vessel are provided in good faith for informational purposes only. Data regarding the specifications, operating characteristics and condition of the vessel was obtained from sources believed reliable but is not guaranteed by owner or brokers. Buyer assumes responsibility to verify all speeds, capacities, consumptions and other measurements contained herein and otherwise provided and agrees to instruct his agent or surveyor to confirm such details prior to purchase. Vessel is offered subject to prior sale, price and inventory changes and withdrawal from market without notice.

 

Engine hours are as of the date of the original listing and are a representation of what the listing broker has been told by the owner and/or actual reading of the engine hour meters. The broker cannot and does not guarantee the true hours. It is the responsibility of the purchaser to verify engine hours, warranties implied or otherwise, and major overhauls as well as all other representations noted on the listing brochure.



Disclaimers

Next Generation Yachting operates as a Buyer Agent and is not the Listing Agent for the above yacht displayed on our Multiple Listings Search (MLS) system. Our aim is to provide a comprehensive and easy to use yacht listings database as a service to assist potential buyers in their purchasing process, without conveying representation of such listing. Our team's Buyer Agents services are readily available to you, should you require assistance with your purchase. Our expertise includes previewing yachts, preparing offers, organizing surveys and sea trials, and providing assistance with the closing process and beyond at no expense to you. If you would like to learn more about our Buyer Agent Services, please click here.

Location

Contact Broker

Nicolas Guitard

Nicolas Guitard

Yacht Broker & Director

Miami Beach, FL, US

Schedule a Tour of Broward 2022 "MARGATE"

Contact our team to schedule a private showing.

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Contact Details

Next Generation Yachting

1800 Purdy Avenue
Suite CU-M
Miami Beach, FL 33139

+1 786.246.9873

[email protected]

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