What does $33M buy at the boat show?

What does $33M buy at the boat show?

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Posted: 03/26/2010

WEST PALM BEACH, FL -- The Palm Beach International Boat Show is underway in downtown West Palm Beach with more than $350 million worth of boats on display.

And a good portion of that is one boat in particular. 

Of all the vessels at the show, there's always one that has to be the biggest, most luxurious, over-the-top super-yacht. And this year that boat is the 165-foot "Sweet Pea" manufactured by Feadship.

It's a yacht that the ship's captain Sally Wilkins refers to as, "The Bentley - the Rolls Royce of boats. It  doesn't get any better than a Feadship."

The Sweet Pea is, in fact, a ridiculously luxurious yacht which is only being shown to qualified buyers or their representatives. People like Tom Kornrumpf, who's seen thirty yachts in the past year and likes this one - a lot.

"There are a lot of other boats that are in exceptionally fine condition, but there's none that are any better," says Kornrumpf.

So how much does this kind of luxury go for in this economy?

"It actually, last year was $46 million," says Capt. Wilkins. "Then it went to $39 million  and now we're currently at $33 million. So she's a bargain right now!"

That's right. A bargain at $33 million.

What does the Sweet Pea offer? Well, on the sun deck, there's a Jacuzzi and workout area. A formal dining room is adjacent to a living room that rivals that in a Palm Beach mansion. Crystal stemware included. 

The galley is a chef's kitchen with stainless appliances surrounding an island. The walls throughout the yacht are clad with teak and in some rooms, leather.

The floors are covered in onyx and marble. There's a sauna and steam-room. Stand-up showers. Sit-down bathtubs. Gold bathroom fixtures that are plated with real gold.

There are seven bathrooms onboard, and five bedrooms not including the staff's quarters. The boat has a full-time crew of nine. There's satellite TV, wireless internet and a closed circuit security system.

"It's priced for the economy, ready to go," smiles Captain Wilkins, who's taken the Sweet Pea to exotic ports around the world.
  
So why is the Sweet Pea for sale?

Wilkins says after ten years of cruising the globe for six or seven months at a time the current owners are looking for something a bit different.

The boat show runs through the weekend. Adult admission is $14 at the gate. Children ages 6 to 15 cost $5, and kids under age 6 are admitted for free.

Copyright 2010 The E.W. Scripps Co. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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