Douglas Elliman is diving into yachting.

The luxury real estate brokerage, known for handling top-tier listings and sales across the U.S., has exclusively shared with Robb Report that it is launching a new division to help the wealthy traverse the high seas—if they aren’t already.

Elliman Yachts, which debuted today in the midst of the Palm Beach International Boat Show, will offer yacht acquisition advisory and brokerage services, as well as bespoke yacht charters globally through a strategic partnership with Royal Yacht International. Headquartered in Monaco, the boutique brokerage specializes in the sale and charter of high-end vessels, offering a fleet that is on par with the Douglas Elliman property portfolio. 

“Elliman Yachts reflects how today’s ultra-high-net-worth clients actually live—across waterfront homes, global destinations, and on the water,” Douglas Elliman president and CEO Michael S. Liebowitz said in a statement. “This division will allow us to add meaningful value in a category where guidance, discretion, and insight truly matter.”

The move underscores the rapid growth the marine sector has experienced over the past few years. The global luxury yacht market was valued at more than $11 billion in 2025 and is projected to nearly double by 2035. Shipyards are operating at near full capacity, with a new-build pipeline valued at over $15 billion. Demand is being driven by a new wave of buyers, who are splashing out on travel and experiences rather than the more traditional assets. 

It also coincides with Douglas Elliman’s recent international expansion into France, Monaco, and St. Barths, where yachting is a pastime for many of its discerning clients. The firm also operates in key luxury coastal areas throughout the U.S., with a client base that is equally into boating. It makes sense, then, that Elliman brings those individuals the most exceptional offerings both on land and at sea.

“Elliman Yachts allows us to meet our clients where their passions already exist, while expanding our ability to serve as trusted advisors across the most meaningful lifestyle assets in their lives,” adds Douglas Elliman salesperson Dan Goodstadt, who recently recently helped with the sale of two new Ferretti yachts totaling $30 million and also set a record price for a single-family home in Sunny Isles. “This is about deepening relationships, not expanding headcount, and redefining what full-service luxury brokerage and service truly mean.” 

Douglas Elliman isn’t the only real estate powerhouse pulling double duty. Barnes International launched a similar division in 2023 to offer yacht brokerage, management, and charter services alongside its global portfolio of prestigious properties. Elliman is a little closer to home, though.