The calm Caribbean waters offshore of The Phoenix provide great fishing opportunities to guests. The Phoenix works with experienced guides who specialize in either reef fishing, fly fishing, or outside the reef trolling for larger fish. Tarpon, grouper, snapper, barracuda, and tuna are some of the fish anglers can expect to find. Trips are typically half day or full day and can be arranged after arriving at The Phoenix.

For those who want to relax on the water in other ways there are day long or sunset Catamaran cruises, private or group half day or full sailboat trips, glass bottom boat tours, opportunities to swim with manatees and sea horses, and many other customizable day trips that can involve a combination of these activities. The Phoenix can also arrange half or full day trips to a private island for couples or families, which are often paired to a private beach barbeque of fish, lobster, or conch caught earlier that day.