2002 Cobalt 240

$20,900

Used

Boat in Palm Harbor, FL 34683 US

builtBuilt in 2002
Year the boat was built
model

240

Boat model
engine

1 Engine (Volvo Penta)

Engine type and count
length

24 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
24ft
Length Overall
23.75ft
Beam
8.5ft
Max Bridge Clearance
4.75ft
Max Draft
3.08ft
Drive Up Draft
1.5ft
Freeboard
3.17ft
Deadrise At Transom
20deg
Dry Weight
4250lb
Heads
1
Max Capacity
1700
Seating Capacity
11
Fuel Tanks
50gal
Electrical Circuit
12v
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo Penta
Engine Model
5.7 GXi
Total Power
320hp
Engine Hours
318
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Cockpit Cushions
Cockpit Table
Electric Bilge Pump
Depthsounder
Log Speedometer
Radio
Compass
Gps
Cockpit Speakers
Bimini Top
Cockpit Cover
Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
5/5/26Initial price$20,900

Contact Portside Yacht Sales

310 Orange St., Suite 504, Ozona, FL, 34660

Boattest.com Review

Overview

The Cobalt 240 represents a distinctive entry in the midsize bow rider category, combining high-quality craftsmanship with an array of thoughtful features. At 23 feet 9 inches in length and an 8 foot 6 inch beam, this trailerable sport boat weighs 4,240 pounds and carries a 50-gallon fuel tank. Designed to elevate the bow rider experience, the 240 integrates innovative storage solutions and performance enhancements that set it apart from its peers.

Exterior Design and Deck Layout

The bow area of the Cobalt 240 is notable for including an anchor locker, a feature uncommon in bow riders. Recessed grab rails line the exterior, surrounded by bolster padding for added safety and comfort. Seating is generous, with carpeted storage compartments beneath, complemented by four drink holders and integrated speakers to enhance the onboard experience. The bow can be fully enclosed with a folding door, providing versatility in various weather conditions. At the transom, the boat features a trans-receptacle and a small storage compartment. An optional extended swim platform expands usable space aft, incorporating a wet locker for tow ropes and a swim ladder, facilitating water access.

Interior Living Spaces

Midships, the 240 offers an L-shaped lounge that comfortably seats three adults, surrounded by numerous drink holders and inset storage lockers. The flooring includes snap-in carpeting, and a fiberglass platform can be raised from the floor to create a dinette area. Adding a padded cushion transforms this space into an impromptu sun pad. On the starboard side, a triangular storage seat opens to reveal an insulated, self-draining cooler. Central to the boat's design is a center-line ski locker equipped with gas-assist struts for ease of use. Additionally, Cobalt has integrated a life jacket dryer that utilizes engine heat to efficiently dry gear.

Helm and Controls

The helm station is designed with both comfort and functionality in mind. A padded bolster seat and tilt steering wheel allow the operator to choose between sitting or standing while underway. The windshield effectively redirects wind, even when the captain is standing. Instrumentation is well-organized, and the test model was equipped with the MerCruiser SmartCraft system, providing comprehensive engine monitoring and control.

Power and Performance

Powered by a MerCruiser engine, the Cobalt 240 demonstrated impressive performance during testing. It reached a top speed of 50.2 miles per hour at 4,750 RPM. The optimal cruising speed was recorded at 29.9 miles per hour at 3,000 RPM, yielding a range of approximately 170 miles on a full tank. The boat planes quickly, achieving planing in just 4.5 seconds and accelerating to 30 miles per hour in 7.2 seconds. These metrics underscore the 240's capability as a high-end sport boat within its class.

Conclusion

The Cobalt 240 stands out as a premium midsize bow rider, blending superior build quality with innovative features and strong performance. Its thoughtful design elements, such as ample storage, a life jacket dryer, and versatile seating configurations, enhance both comfort and functionality. For those seeking to move beyond standard bow riders, the Cobalt 240 offers a compelling combination of style, utility, and speed.

Overview from around the web 2002 Cobalt 240

The 2002 Cobalt 240 has received positive feedback from customers, who often highlight its exceptional craftsmanship and design

Many owners appreciate the spacious layout, providing ample room for family and friends to relax and enjoy time on the water. The ride quality is frequently praised, as the Cobalt 240 offers a smooth and stable experience, even in choppy conditions. Customers also commend the boat's performance, noting its powerful engine options that deliver impressive speed and responsiveness. The build quality is a standout feature, with many highlighting the use of durable materials and attention to detail that Cobalt is known for. Storage options aboard the Cobalt 240 are another point of satisfaction, with numerous compartments available to stow gear, making it ideal for day trips or longer outings. Additionally, the stylish design and comfortable seating have made it a popular choice for both leisure and entertaining. Overall, the 2002 Cobalt 240 is regarded as a versatile and reliable boat that combines performance, comfort, and elegance, making it a great option for boating enthusiasts.

The Biggest Pros and Cons

Cobalt 240 (2002) – Pros and Cons

Pros

Quality Craftsmanship: Cobalt boats are renowned for their attention to detail and high-quality build. The 2002 Cobalt 240 is no exception, featuring durable materials and a stylish design.

Spacious Layout: The Cobalt 240 offers a generous amount of space for passengers, making it ideal for family outings or entertaining friends. The layout is user-friendly, providing ample seating and storage.

Smooth Ride: Known for their performance, Cobalt boats deliver a smooth and stable ride, even in choppy waters. The hull design contributes to improved handling and responsiveness.

Versatile Usage: Whether you're looking for a day cruising, watersports, or leisurely trips to your favorite fishing spot, the Cobalt 240 is versatile enough to meet various boating needs.

Comfort Features: Equipped with comfortable seating, quality upholstery, and thoughtful amenities, the boat ensures an enjoyable experience for everyone onboard.

Cons

Higher Price Point: Compared to some competitors, Cobalt boats can be more expensive. While the quality and performance justify the cost for many, it may be a drawback for budget-conscious buyers.

Fuel Efficiency: Depending on the engine choice and usage, some users may find the fuel consumption to be higher than other boats in its class, especially when engaging in watersports.

Maintenance Costs: Higher maintenance costs can be associated with owning a Cobalt due to the premium materials and technology used in their construction.

Limited Storage for Larger Gear: While it has decent storage for everyday items, some users may find it lacking in space for larger gear, such as wakeboards or larger coolers.

Older Technology: As a 2002 model, the Cobalt 240 may not feature some of the modern advancements found in newer boats, such as updated navigation systems or upgraded sound systems.

Made For

The 2002 Cobalt 240 is an exceptional vessel designed for boating enthusiasts who seek a perfect blend of luxury, performance, and versatility on the water. Ideal for families, friends, and recreational adventurers, this boat is perfect for those who want to enjoy a day out on the lake, entertain guests, or explore new waterways. With roomy seating for up to 10 passengers, the Cobalt 240 is perfect for social gatherings and family outings, ensuring everyone has a comfortable space to relax and enjoy the ride. The spacious layout provides ample storage for all your gear, whether you’re fishing, water skiing, or setting out for a picnic. Boasting a stylish design and high-quality craftsmanship, this boat appeals to those who appreciate aesthetics as much as functionality. Its powerful performance, combined with agile handling, makes it a great choice for thrill-seekers and casual boaters alike. In summary, the 2002 Cobalt 240 is for anyone who values quality, comfort, and versatility on the water, making it an excellent choice for both seasoned mariners and those new to boating.

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Meet the Broker

Address

310 Orange St.
Suite 504
Ozona, FL 34660

Boat Location

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