$1 Million Price Drop for the Palm Beach International Boat Show

The 170-foot Oceanco Lazy Z will be on display at a new asking price.

Oceanco Lazy Z Yachts
The 170-foot Oceanco Lazy Z has an asking price of $15.9 million.Courtesy Burgess

Ahead of the Palm Beach International Boat Show at the end of March, the owner of the 170-foot Oceanco Lazy Z has dropped the yacht's asking price by $1 million. The yacht is now scheduled to be on display with an asking price of $15.9 million.

The $1 million price drop follows a reduction of $600,000 that was announced in January.

"The owners' commitment to a sale is beyond question," according to Burgess. "For potential buyers looking to purchase a yacht of this size with Northern European pedigree, significantly upgraded by major refits in 2015 and 2017, Lazy Z now represents exceptional value in the market."

Oceanco Lazy Z Interior
The yacht has a full-beam master suite and five guest staterooms, for a total of 12 guests on charters.Courtesy Burgess

Lazy Z was built in 1997 and has built up a strong reputation for charter as part of the Burgess fleet. She has a full-beam master suite with a raised observation lounge. There also are five guest staterooms, for a total of 12 guests on charters. A gymnasium and a media room are part of the interior layout.

According to Burgess, twin 1,920-horsepower MTU diesel engines give Lazy Z a top speed of 16 knots and a cruising speed of 12 knots. At cruising speed, she has a range of 4,200 nautical miles.

A note for U.S. residents: Lazy Z is not for sale to U.S. residents while in U.S. waters.

For more information, visit: burgess.com