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66 ft Bruce Roberts hull to gut and this a good deal?

5970 Views 29 Replies 17 Participants Last post by  capoeirista
Hi There -

My husband and I have run across what looks like a nice deal for a solid hull, and we're all kinds of excited to be purchasing it. We're wondering whether our excitement is short circuiting other parts of our collective brain.

Because this is my first post, the forum software stopped me from submitting a link. If you go to, it's item number 200394919354.

The seller is knowledgeable and willing to help us get it to Chesapeake bay to a haul out where we can gut it and work on renovation over the next year.

What would be a reasonable price to pay for such a hull? I've worked in boatyards and done a lot of construction, so I'm not afraid of the renovation or work. We have a flexible schedule so we can devote a lot of time to it over the next couple of years.

The current plan is to get it to a point where we can liveaboard, then add the sails in a year or so.

We were going to buy a house to renovate, but this looks like it will ultimately be more wonderful, and we've been talking about doing it for a few years now.

Are we nuts? Is it even reasonable to think about doing this?

The second question, besides our questionable sanity, has to do with building the interior so that we can charter it later on. How do I find out the regulations for that? I used to work on a schooner, and the captain told me that she had been built for charter, which made it more expensive - if he sold it, it would go for something like $160k whereas a similar boat without the charter building would run around $80k. Since we're gutting it, I think it would be wise to look into doing that for this size boat.

What other due diligence will I need to do?
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Well you asked..... Yes you are nuts! :D I live very close to Delran. I could go look at it with you, bring ladders, lights etc, Call his bluff, and go see it after the bidding ends! It's not the only boat needing "TLC" and I'm sure you can do much better checking the back yards of Marinas near you. #1 issue; You need an out of the water survey. Storage around this area of the Del river starts around $36 a ft! a quick haul for that size is also going to be very pricey. IF you can find a marina that will even consider it. The bottom is more then dirty, That thing is a mess! Owner lied, it's going to cost thousands to get it to the bay. Just the fuel would be $500 for a boat towing it. I betting you will need permits and more, maybe even a tug boat! Easily, 250- 300K to get it ship shape. Bottom is almost positively rotted or badly blistered. The deck looks like a really bad overlay of gawd knows what. Cheribini Yachts is in Delran and they do high end restorations. I'm guessing that this boat is in the same area, there is also snug harbor, G. winters sailing, and riverside Marineas. I'd call the NJ state police and or the CG to find out if there is any legal issues with the boat and or moving it downriver and across the C&D.
I hope you come to your senses soon!

PS: it is not a joke! when the owner says it has to be gone by end of Oct. they mean it! the NJ state police enforce the water ways as well as the CG, the CGX and the PA fish and game dept. BTW today is the 19th!
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Hey? Do you and your hubby have names?? Also, where you live can be helpful for those already searching for a boat in your behalf! I know you made a good choice to RUN from the 66 ft derelict. Time is too short to make a move on that boat. It is likely stuck in the mud too. Tides run 6 -7ft around here normally. so that is a real concern when getting larger boats in to some of the area marinas.
good luck in search!
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