Purchased from the Coast Guard a year or so ago for $85,000, it's currently being repaired/renovated/prepared for its new role as a place to relax and enjoy the Atlantic Ocean near Wilmington, North Carolina. It's getting national attention, with Time magazine doing a feature story, and CBS interested in filming it in the near future.
Pic of the facility, along with its new owner, Richard Neal:

This is the sort of fantasy getaway I'd purchase with lottery winnings.
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