|
So... you are ready to live your dream. You probably have realized that we are all here for a very short time and do not want to continue in the same old rut until the end. Maybe you have had a good glimpse of the light (or dark) at the end of the tunnel and don’t want to take the time or have the time to wait the 2 to 3 years for construction of a large catamaran. Maybe you are a baby boomer ready to cash out, reallocate some assets and sail south before more of your portfolio does. Maybe you want to check out for a while anchored off some white sand beach while the latest recession/depression runs its course. Maybe you want a proper yacht to sail around the world. Maybe you want to sail across the Atlantic and cruise the Med for a couple of years. Maybe you want to make the great circle around the Caribbean or just want to see the Bahamas. Maybe you see the bird flu coming and want to be totally self sufficient anchored off some unpolluted island until the pandemic ends. What ever your reasons you have found this site, liked the picture and have taken the time to read on. A much more complete description of the Dragon as well as an operating manual may be found on the following Web site:
http://www.catamaranforsale49.com/
The above site is dedicated to providing you with more information than you ever wanted to know about Millennium Dragon, my custom built 49 foot catamaran that I am reluctantly putting up for sale. I am ready to reallocate some assets (I want to get started building a multihull motor sailor). If you are not ready to invest in the Dragon hopefully this site will provide you with some inspiration regarding construction, layout, mechanicals, electrical systems, and electronics that you may find useful when you do decide to wander.
Millennium Dragon is a 2000 model Ocean Catamaran 48.8 built in South Carolina during 1998/1999 by Ocean Catamarans, Inc. by Karen and Henry Lucke. The Dragon was launched for the celebration of the millennium. She is a completely custom owners version sailed by my wife Kathy and I for the past 10 years. The Dragon has seen little use since we purchased our home in Punta Gorda Isles over 7 years ago. Powered by twin VolvoPenta 59 HP diesels with saildrives and three bladed folding propellers this vessel will do over 9 Knots motoring. To save fuel we have generally motored using one engine, alternating sides, at 7.4 Knots. We have sailed her steadily over 15 Knots with 15 to 18 Knots wind on the beam.
 Maximum speed under sail so far is 17.9 Knots. This occured on a pleasant sunny day on Charlotte Harbor while sailing south between Punta Gorda and Burnt Store Marina. There was no sea running as an 18 Knot easterly wind was blowing off the shore. This was not a short burst surfing down a large off shore wave. I caught a good puff and fell off as speed increased and the appearant wind moved forward. The spray off the bows sent our 10 guests scurring off the fordeck. I fell off the wind slightly further to decrease the pressure and we slowed to a more comfortable 12 to 15 Knots. This boat sails very well and very fast.
She is rigged for single handing. The Dragon is a documented vessel with no loans or other encumbrances. Just transfer the money and sail into the sunset. We are selling her so we may move to a large catamaran powerboat.
The Dragon was hauled at Gulf Marine Ways on March 9, 2007 for routine 7 year engine maintenance (new rubber diaphragms, shaft output seal), bottom paint and some fiberglass/gel coat repairs. The yard bill for the engine work and bottom paint was $6,326.13. My insurance company had requested a marine survey for the renewal. The insurance survey was completed on March 26, 2007. The surveyor estimated replacement cost at $589,000.00 and current market value at $408,650.00. Following submission of this survey my insurance company renewed my policy. The Dragon was hauled again from March 29 to April 12, 2010 for another insurance survey, bottom paint, saildrive prop shaft seals, etc. The surveyor contacted Island Catamarans (builders of Ocean Catamarans) for an estimate of new replacement cost. Millennium Dragon could duplicated by Island Catamarans for about $775,000.00, up $185,000 from the last survey, three years ago. I believe the cost of resin or new boats will not be going down in the future.
I am offering Millennium Dragon for less than half the price of a new vessel of this size. After meeting some good folks and well intentioned but inexperienced fender kickers, I have placed the Dragon in brokerage with Denison Marine. The services of a professional broker do not come cheap but they offer valuable services that protect both the buyer and seller. They advertise internationally, qualify the buyer, assure clear title of the vessel, and protect the transfer of funds using their bonded bank accounts. The asking price determined by Denison Marine is similar to the market values assigned by my insurance surveyors. If you are a qualified buyer please contact Nick Dykert at Denison Marine to arrange to view the Dragon (see information below). If you are still interested after viewing the boat you will be expected to make an offer to purchase. If accepted, your earnest money will be deposited in the broker’s account. Once this is done a sea trial may be arranged. If you are satisfied with the sea trial we will arrange for haul out so your own surveyor may evaluate the Dragon and provide you with a purchaser’s survey report. I certainly would not consider investing a significant portion of my assets in a live aboard sailing vessel without having it hauled at a professional boat yard and surveyed by a qualified multihull marine surveyor. You will be responsible for the cost of the haul out and marine survey. This cost will be deducted from your earnest money. Pending the results of your marine survey your choices will be: to conclude the deal for the price offered; negotiate payment for any necessary repairs ** discovered by your surveyor; or, walk away from the deal and your earnest money.
The Dragon has never been in charter but I am a USCG certified Captain holding a Master’s license (#1106931) with Towing and Sailing Endorsements. I have US Sailing certifications as an instructor for sail and power boats. I also have certifications from the American Sailing Association as an instructor in Sailing, Cruising, and Multihulls. Sailing instruction could be arranged after you purchase the Dragon.
|
