Douglas Elliman Expands Luxury Offerings with Launch of Elliman Yachts

Douglas Elliman Expands Luxury Offerings with Elliman Yachts

Douglas Elliman Inc., the parent company behind the renowned real estate brokerage, has made a significant leap into the world of luxury yachting by launching Elliman Yachts. This new venture aims to serve affluent boating enthusiasts and ultra-high-net-worth clients who desire a comprehensive luxury lifestyle experience. The official launch, coinciding with the Palm Beach International Boat Show, signifies a strategic partnership with Royal Yacht International—a boutique brokerage that has been rapidly gaining prominence in the maritime industry.

In recent years, the luxury yacht market has seen explosive growth, estimated to surpass $11 billion in value in 2025 and projected to nearly double by 2035. This growth has been spurred by a new generation of buyers who prioritize unique experiences over mere possessions. They are opting for luxurious long-range cruising adventures, private wellness retreats, and custom floating residences that can traverse the globe, thus reflecting their preference for experiential rather than status-based luxury.

Michael S. Liebowitz, President and CEO of Douglas Elliman Inc., emphasized that Elliman Yachts encapsulates how today’s high-net-worth individuals live—not just in lavish homes, but across desirable waterfront locations, global destinations, and, crucially, on the water. The offering aims to deliver yacht acquisition advisory services, brokerage solutions, and tailored charter experiences, leveraging the expertise of Royal Yacht International.

Dan Goodstadt, a licensed yacht salesperson as well as a real estate professional with Douglas Elliman in Miami, highlighted how this new initiative fosters deeper client relationships rather than merely expanding the company’s workforce. He noted that understanding and enhancing clients’ passions is key to redefining luxury brokerage and service in the modern era. Recently, he played a role in delivering two brand new yachts totaling over 240 feet in length and valued at $30 million—a testament to the caliber of services Elliman Yachts intends to offer.

Aside from servicing clients in the U.S., Elliman Yachts aligns seamlessly with the company's recent expansions into luxury markets like France, Monaco, and St. Barths, where yachting is not just a hobby but a way of life for affluent clientele. This new service aims to address the complex and intricate journey of yacht acquisition, which shares similarities with high-end real estate transactions considering the need for discretion, complexity, and trust in relationships.

Liebowitz further noted that through this initiative, Douglas Elliman’s clients will benefit from the company’s extensive portfolio that includes various divisions targeting distinct interests—ranging from sports and entertainment to estate services. The move into yachting extends the firm’s brand promise of trust and elite service, reinforcing their commitment to meet clients across their lifestyle assets, whether on land or at sea.

With the introduction of Elliman Yachts, Douglas Elliman Inc. continues to push the boundaries of luxury brokerage, evolving from traditional real estate transactions into a lifestyle advisory platform that caters to the most discerning clients in a continuously expanding luxury market. By recognizing and addressing the needs of ultra-high-net-worth clients, the company is well-positioned to navigate the exciting waters of the luxury yachting industry for years to come.

About Douglas Elliman Inc.

Douglas Elliman Inc. is a major player in the U.S. real estate market, operating in numerous luxury destinations including New York City, Florida, and California. The company not only serves high-end residential markets but also engages in real estate innovations and technology investments, shaping the future of property transactions. More information can be found at investors.elliman.com.