58 LRC named Floridian in Cape Coral, FL

[BFDfirefighter16]

I am wondering if anyone has any information about this 58 LRC and could tell me anything about it.

[BFDfirefighter16]

Thank you Eric,
I appreciate the response. I know it is being auctioned off on the 17th and the highest bid currently is $49k however i was aboard Emerald Princess over the weekend and was trying to find some other 58 LRC's to compare. I have been trying to find out what they are actually selling for versus what they are listed for.

[BFDfirefighter16]

Thank you so much for looking those up for me. That’s a huge help for me.

[oscarvan]

For 50K the right person can have a 58LRC to enjoy for pennies on the dollar..... The right person being a guy with a van full of tools and the skills to use them, combined with the schedule and budget of a recently retired person who did allright for himself.....

If this was 2022 I'd be on it.......

[SKYCHENEY]

It isn't going to sell for $50K

[Byresch]

It isn't going to sell for $50K

What would your best guess be that it sells for?

[rsmith]

According to the soldboats database: I find 5- 58 LRC's that have sold since Jan 2017. The 1979 boat has sold twice in that timeframe

• 1979 348,000 (10/18) 310,000 (03/19) FL

• 1975 349,500 (10/16) 317,000 (07/18) FL

• 1979 399,000 (07/17) 389,000 (09/17) MD

• 1975 379,000 (05/18) 315,000 (03/19) BC

• 1977 289,000 (07/18) 245,000 (10/18) FL

Interesting prices have been dropping on these lrc’s Historically they’ve always commanded a premium and held value through the ups and downs of the boat market

[oscarvan]

Interesting prices have been dropping on these lrc’s Historically they’ve always commanded a premium and held value through the ups and downs of the boat market

They still command a premium and the prices of the non LRC's have suffered more. And, fact is that they now are over 40 years old....Still great boats but more and more shifting to the "antique" section with layouts and lack of accessories that are becoming less and less popular compared to what's been coming out for the last 10-20 years. Add to that the fact that they are fairly complex with older systems and harder and harder to find qualified techs and parts for. Not to mention financing and insuring them.

All that said, being a little over 40 myself...., OK a lot, I like them.

[krush]

Interesting prices have been dropping on these lrc’s Historically they’ve always commanded a premium and held value through the ups and downs of the boat market

They have demanded an unwanted premium, IMHO. But, if people are willing to pay, that's all it takes!

[krush]

You may have meant "unwarranted". What the buyers are perhaps seeking is a true long range cruiser when they buy a 58 LRC. They do have an honest trans-Atlantic capability. The question in my mind is: Does a sane Captain set off in a 40+ year old (antique) boat to cross an ocean? Maybe it's just nice to know that you can indeed sail off into the sunset should that urge propel you someday.

Thanks for the correction...spellcheck victim. I know people have done it, but I would not take a LRC too far from land. Just look at the doors and the windows; it isn't truly up to what I consider a blue water vessel. One needs a FPB or a Nordhavn IMHO manage the risks correctly.