Coral Reef Yacht Club

What Coral Reef Yacht Club does

Coral Reef Yacht Club (CRYC) is a private, member-owned yacht club established in 1955 in Coconut Grove, Miami, Florida. Originally founded as Royal Palm Yacht Club by approximately fifty founding members who purchased the George Engle estate on Bayshore Drive for $125,000, the Club operates as a non-profit membership organization with no external owners, no parent company, and no venture or private equity backing. The Club is led by an elected Commodore (currently Chris Block, 2024-2025), Board of Directors, and a General Manager (Jim VanBuren). Membership is by invitation only and requires sponsorship by six current members in good standing, with an active waitlist due to capacity constraints.

Name

Coral Reef Yacht Club

Legal name

Coral Reef Yacht Club

Website

https://coralreefyachtclub.org

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

Coral Reef Yacht Club is a private, member-owned yacht club founded in 1955 in Coconut Grove, Miami, offering a 100-slip marina, youth sailing programs, dining venues, and elite international regattas including the Bacardi Cup and Orange Bowl.

Ownership category

akta.pro rank

Product category

Private Yacht Club

NAICS

Marinas (713930)

SIC

Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Sailing & Water Sports Teams/Clubs (Sailing, Rowing, Surfing) (MPAKABAH)

akta.pro secondary industries

Sailing Experiences (Lessons, Regattas, Day Sails) (THAJAJAG), Private Charters & Yacht Experiences (Crewed, Bareboat, Day Charters) (THAJAJAB)

Keywords

• Private yacht club
• Marina services
• Youth sailing programs
• Competitive sailing regattas
• Membership club

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Membership Dues: Annual membership fees for regular, associate, and non-resident categories. Membership is by invitation and requires sponsorship by six current members.
2. Marina Dockage: 100-slip marina with power and water service. Transient dockage available at $5.00 per foot per night. Florida Council of Yacht Clubs members receive one complimentary night of dockage.
3. Dining and Social Facilities: Waterfront dining room, casual dining venues, ReefTop Bar, Yardarm Bar, Reef Bar, and poolside dining. Operated under Executive Chef Eduardo Sandoval.
4. Youth Sailing Programs: Summer sailing camp for ages 7-17 with two-week session fees of $945 for members and $1,045 for non-members. Year-round programs including Optimist and Club 420 sailing.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Coral Reef Yacht Club is a private, member-owned yacht club founded in 1955, offering its members and guests a 100-slip full-service marina on Biscayne Bay, year-round youth sailing instruction (Optimist and Club 420), a Summer Sailing Camp for ages 7–17, dining and bar facilities, and signature international regattas including the Bacardi Cup and the Orange Bowl International Youth Regatta. The Club sells memberships, marina dockage, food and beverage, and youth sailing program enrollments, and provides reciprocal access to members of affiliated yacht clubs.

Product overview

Coral Reef Yacht Club is a premier private yacht club established in 1955, offering a unified portfolio of boating, sailing, and social services centered on its waterfront facilities in Coconut Grove, Miami. The club's core offerings include a 100-slip marina with full services, year-round youth sailing programs (Optimist and Club 420 fleets), and signature regattas including the Orange Bowl International Youth Regatta and Bacardi Cup. Supporting services include Summer Sailing Camp, cruising program, angling activities, professional race committee services, and dining/social facilities featuring multiple bars and restaurants.

Differentiator

Problem solved

Functional benefit

Products and services

• Youth Sailing Program Year-round youth sailing program for ages 8-18, including Optimist (Green Fleet and Red/White/Blue Fleet) and Club 420 programs, recognized as one of the premier junior sailing programs in the nation.
• Summer Sailing Camp Seasonal sailing camp for boys and girls ages 7-17 offering programs from learn-to-sail to advanced racing, with two-week sessions running June through August. Open to CRYC members and non-members.
• Orange Bowl International Youth Regatta Annual youth sailing regatta held December 26-30, recognized as the largest youth sailing regatta in the Western Hemisphere with approximately 700 sailors from over 20 countries competing in Optimist, ILCA, and Club 420 classes.
• Bacardi Cup Regatta Historic Star Class sailing regatta hosted annually at Coral Reef since 1962, originally founded in Havana in 1927, attracting top-tier sailors worldwide.
• 100-Slip Marina with Dockage Full-service marina with 100 slips, power and water service, small-boat hoists, and dry storage facilities providing direct access to Biscayne Bay, the Florida Keys, and the Bahamas. Transient dockage available at $5.00 per foot per night.
• Dining & Social Facilities Waterfront dining venues including the Yardarm Bar, Reef Bar, ReefTop Bar, Anglers' Reef Grille, and an elegant waterfront dining room, overseen by Executive Chef Eduardo Sandoval.
• Cruising Program Organized cruising activities including destination cruises to Bimini, the Abacos, Hawks Cay, and Billy's Point raft-ups, with the Cruising Committee organizing seasonal events.
• Angling Program Fishing activities including annual family fishing tournaments, participation in the Yacht Club Sailfish Tournament, and events sponsored by the B.A.D. (Boating/Angling/Diving) Committee.
• Race Committee Services Professional race management services supporting major national and international regattas, with over 100 volunteer Race Committee members conducting more than 50 days of racing annually on Biscayne Bay.

Quantifiable outcome

• One of the nation's premier youth sailing programs widely recognized for developing national and international champions
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and flagship.

• Florida Council of Yacht Clubs (FCYC)coreOthersCoral Reef Yacht Club is an active member of the Florida Council of Yacht Clubs, providing reciprocal privileges to visiting Council Club members. FCYC members receive one complimentary night of dockage subject to availability. Reservations required in advance.
• International Council of Yacht Clubs (ICOYC)coreOthersCoral Reef Yacht Club is a member of ICOYC, an association of many of the world's leading yacht clubs dedicated to fostering collaboration and advancing yachting worldwide. Provides reciprocal privileges to members of fellow ICOYC member clubs.
• Bacardi CorporationflagshipStrategic or Co-development PartnerBacardi Corporation provides support for the annual Bacardi Cup Invitational Regatta hosted at Coral Reef Yacht Club since 1962. In 2001, Bacardi donated a 500-pound bronze sculpture to the Club as a permanent thank you for hosting. The partnership represents one of the longest recorded successful associations of a business with a sporting event.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Annapolis Yacht Club: Premier U.S. private yacht club with extensive marina, racing, and youth sailing programs, and a global regatta hosting profile. Broader and more internationally established than CRYC, with a comparable end-to-end sailing/marina offering.
• Newport Harbor Yacht Club: Prestigious private yacht club with deep youth sailing and regatta hosting pedigree on the U.S. East Coast. Comparable in program mix (youth sailing, racing, marina) and member profile.
• Royal Thames Yacht Club: One of the world's oldest and most established yacht clubs, member of ICOYC. Comparable as a peer institution within CRYC's reciprocal network, with similar membership-club operating model.
• Shelter Island Yacht Club (San Diego): Long-established private yacht club offering full marina, dining, youth sailing, and regatta hosting. Comparable as an established private yacht club of similar scale and program breadth, though in a different region.

Direct peers

• Biscayne Bay Yacht Club: Private yacht club on Coconut Grove/Miami waterfront offering marina, dining, and social programs. Direct competitor for members and reciprocal traffic in the same Biscayne Bay geography.
• Coral Gables Yacht Club: Private yacht club on the Coral Gables/Biscayne Bay waterfront with marina, dining, and social amenities. Direct local peer competing for the same South Florida boating demographic.
• Key Biscayne Yacht Club: Private members-only yacht club on Key Biscayne with marina, dining, sailing, and youth programs. Comparable in scale, offering, and affluent South Florida boating member profile.
• Coconut Grove Sailing Club: Located immediately adjacent to CRYC in Coconut Grove, focused on youth sailing, racing, and cruising programs on Biscayne Bay. Overlaps directly in youth sailing pipeline and recreational sailing member base.
• Miami Yacht Club: Historic private yacht club on Brickell/Biscayne Bay, operating a marina, dining, and youth sailing programs in the same South Florida market. Directly comparable in offering mix and target member profile.

Emerging players

• U.S. Sailing Center of Martin County: Florida-based Olympic-style sailing training center that overlaps with CRYC in competitive youth sailing and high-performance coaching. Comparable on the coaching/development side of the business, less so on the membership/marina model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• Instagraminstagram.com/orangebowlregatta

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coral Reef Yacht Club