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Membership Plans
Yacht Club:
Legacy Yacht Club is the ultimate boating experience combining
the yachting dream with the diversity of the full Legacy fleet.
Membership in the Yacht Club includes use of the entire Legacy fleet.
From spacious 42' Yachts, to cabin cruisers, to the fishing fleet,
to sport boats, members of Legacy Yacht Club enjoy all that boating
offers on the Emerald Coast.
Cruiser Club:
The Cruiser Club is designed for Members who enjoy overnight cruises
but prefer not to operate yacht class vessels. Equipped with AC,
generator, full galley, v-birth and aft cabin, the cruisers are
ideal for overnight trips down the Intra-coastal waterway or day
trips to the islands. Membership includes unlimited use of the cabin
cruisers plus unlimited use of all of the Boat Club fleet.
Boat Club:
The Boat Club includes unlimited use of all the most popular boats
in the fleet including: Twin engine center consoles for offshore
fishing, single engine center consoles for near-shore fishing, bay
boats for fishing the flats, large bowriders with heads for a day
with friends and family, sport boats for tubing and waterskiing
fun and speed.
Membership into Legacy is structured much like that of
a traditional golf club.
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Membership into Legacy is structured much like that of a traditional golf club.
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Join Legacy with a one time Initiation Fee and remain current with the payment of Club Dues.
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Members enjoy unlimited use of the fleet – Once in the Club your only additional cost is fuel and a tip for the dockhands.
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Member is NOT obligated or committed to any length of time in Legacy and may discontinue Membership in the club anytime without penalty but would forfeit the Initiation Fee unless the Membership falls under our reissue prevision
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If you find you need or want to exit the Club, at any point after the 60 month Hold Period, you may elect to present your membership for “Reissue” through Legacy. You will receive 80% of the Initiation Fee you paid or the then going rate for Initiation Fee (whichever is less) when you supply a suitable prospect or 40% of the Initiation Fee you paid or the then going rate for Initiation Fee (whichever is less) when Legacy supplies the prospect.
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Each location has a Membership Cap of approximately 130 “Boat Club” Members (the Membership Cap varies by location depending on available dock space)
Boat Club:
Lifetime Initiation Fee: $12,900 (Ask about our current promotion)
Club Dues: $365 a month (Save 5% by paying annually, Save 10% by paying 5 years in advance)
For promotional pricing at our Orange Beach location please call 850-337-8388
Cruiser Club:
Initiation Fee: $23,900. (Join by July 30 and save $5000 on the Initiation Fee)
Club Dues: $565 a month (Save 5% by paying annually, Save 10% by paying 5 years in advance
Yacht Club:
Initiation Fee: $49,900.
Club Dues: $965 a month (Save 5% by paying annually, Save 10% by paying 5 years in advance)
For further information on Legacy Boating Club or to schedule a tour of the fleet, please call our main number at 850-337-8388
Major credit cards accepted
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Boat Purchase Plans
Members of the Boat Club and Cruiser Club may apply 70%
of their Initiation Fee toward the purchase of a boat from
Legendary Marine anytime in their first year. This plan
works well for anybody who is considering buying a boat
but wants to try out the most popular styles of boats first
to make a more informed decision.
Following is a conservative guideline
for the cost of boat ownership over a 5 year period:
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Boat Club
Regal 2400 Bowrider
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Cruiser Club
Regal 3360 Cruiser with diesel engines
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Yacht Club
Regal 4460 Commodore
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| Purchase price with tax, rigging
shipping, instrumentation, and registration. |
$45,000
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$221,000
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$452,000 with diesel, radar, autopilot,
full instruments
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| Market value after 5 years – depreciate
9% a year. |
$24,750
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$121,550
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$248,600
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| Net loss after 5 years. |
$20,250
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$99,450
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$203,400
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| Finance cost –
assume no financing. |
0
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0
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0
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| 5 year storage cost calculated
at $13 a foot plus tax measured as length overall (LOA)
in a dry stack marina. |
$21,480
($358 a month)
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$32,220
($537 a month)
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$41,340
($689 a month, 50’ wet slip)
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| Insurance |
$5000
($1000 a year)
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$10,000
($2000 a year)
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$40,000
($8000 a year)
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| Maintenance and cleaning assuming
no major repairs in 5 years. |
$4000
($800 a year)
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$7500
($1500 a year)
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$25,000
($5000 a year)
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| Estimated
total 5-year cost of boat ownership. |
$50,730
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$149,170
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$309,740
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Estimated total 5-year cost
of a Legacy membership.
(Non-promotional price)
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$34,800
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$52,800
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$107,800
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Minus estimated market value
of membership.
(Non-promotional price)
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- $11,120
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-$15,120
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N/A
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| Estimated net cost for first
5 years in Legacy. |
$23,680
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$37,680
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$107,800
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For further information on Legacy Boating Club or to schedule a tour
of the fleet, please call our main number at 850-337-8388.
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