2011 Mengi Yay 115 MY

$2,995,000

Used

Boat in Fort Lauderdale, FL 33312 US

builtBuilt in 2011
Year the boat was built
model

115 MY

Boat model
engine

2 Engines (2x Caterpillar)

Engine type and count
length

114.8 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Composite

Hull material
Length Overall
114.83ft
Beam
23.42ft
Max Draft
5.92ft
Cruising Speed
20kn
Max Speed
22kn
Cabins
5
Heads
6
Fresh Water Tanks
792.52gal
Fuel Tanks
3434.24gal
Holding Tanks
528.34gal
Hull Material
composite
Engine 1
Engine Make
Caterpillar
Engine Model
C32 ACERT
Total Power
1800hp
Engine Hours
5120
Engine Type
inboard
Fuel Type
diesel
Engine 2
Engine Make
Caterpillar
Engine Model
C32 ACERT
Total Power
1800hp
Engine Hours
5120
Engine Type
inboard
Fuel Type
diesel
Summary
Just hitting the market fresh out of a complete "down to the walls" refit, M/Y PANACEA represents one of if not the bestbuying opportunity in this class. PANACEA sports a fantastic layout in a 35m platform, featuring main deck master, 2ndfull beam master, VIP forward, & 2 additional guest staterooms
2024-2025 REFIT

Interior:

  • New Engineered Hardwood Flooring, Main Deck
  • New Custom Carpet on Stateroom Level
  • New Interior Furniture, Salon & All Staterooms
  • ALL Interior Wood Replaced or Refinished
  • New Custom Cabinetry in Salon, Dining Area & Primary Suite
  • New Wallcoverings Throughout
  • Complete Interior Imtra LED Lighting Retrofit
  • Updated Interior AV w/ Smart TV's, AppleTV 4K, Sonance Speakers, Starlink
  • All Staterooms w/ Dedicated AV
  • Heads Refinished w/ Custom Cabinetry, Quartz Counters, New Hardware & Custom Mirrors
  • Custom SkinRock Polished Carrara Marble used for Head Flooring & Shower Walls
  • Custom Bar in Salon w/ Backlit SkinRock, Drink Fridge & Slide-out Bottle/Glass Storage
  • Custom Wireless Sheer Shades Throughout, Individual Zone Remotes
  • Salon Window Frames Enlarged


Exterior:

  • Complete Exterior Repaint by Luu @ LMC in 2022
  • New Teak Caulking 2023/24
  • New Exterior Upholstery on All Seating, Aft Deck, Flybridge, Hot Tub Bunny Pad & Bow
  • New Custom Quartz Split Tables on Aft Deck, Dining or Cocktail Height
  • New Flybridge Dining Furniture for 10
  • New Flybridge Cocktail Table
  • New Flybridge Deck Chairs
  • Hot Tub Completely Rebuilt w/ All New Pumps & Controls
  • Rebuilt Flybridge Helm Bimini Frame w/ New Stamoid Canvas
  • New Sail Shades Over Hot Tub & Bunny Pad


Mechanical:

  • Complete Mechanical Services:
  • Heat Exchangers w/ New Plates
  • Aftercoolers Serviced, NEW Cores On-Order
  • Full Engine Services
  • Full Transmission Services
  • Full Generator Services
  • Engine Room Deck Plates, Door Frame & Tool Benches Powdercoated
  • Watermakers Serviced
  • New Air Conditioning System for Crew Cabin
  • AC System Completely Inspected
  • All Air Handlers Inspected & Cleaned
  • Complete Descale of AC System
  • Chilled Loop Insulation Replaced Where Needed
  • All Electronics Updated in Pilothouse & Flybridge Helm

Price History

DateEventPrice
12/8/25Price decreased$2,995,000(-16.7%)
10/15/25Price decreased$3,495,000(-2.8%)
6/11/25Price decreased$3,595,000(-5.3%)
3/10/25Initial price$3,795,000

Overview from around the web 2011 Mengi Yay 115 MY

The 2011 Mengi Yay 115 MY has garnered positive feedback from customers who appreciate its luxurious design, spacious layout, and exceptional craftsmanship

Many reviews highlight the boat's elegant interior, which features high-quality materials and finishes, creating a sophisticated atmosphere for guests. Owners often praise the vessel's performance on the water, noting its smooth handling and stability, making it an ideal choice for both leisurely cruising and entertaining. The generous outdoor spaces, including sun decks and shaded areas, are frequently mentioned as perfect for relaxation and enjoying the scenery. Additionally, customers appreciate the attention to detail in the yacht's amenities, such as the well-equipped galley and comfortable cabins, which provide a home-like feel while at sea. The Mengi Yay 115 MY is also recognized for its reliability and seaworthiness, making it a trusted choice for both seasoned yacht enthusiasts and newcomers alike. Overall, reviews indicate that the 2011 Mengi Yay 115 MY offers a perfect blend of luxury, comfort, and performance, making it a standout option in the world of motor yachts.

The Biggest Pros and Cons

2011 Mengi Yay 115 MY: Pros and Cons

Pros

Elegant Design: The Mengi Yay 115 MY boasts a sophisticated exterior and interior design, showcasing fine craftsmanship that appeals to luxury yacht enthusiasts. 2. Spacious Layout: With multiple decks and generous living spaces, this yacht offers ample room for relaxation and entertainment, making it ideal for both intimate gatherings and larger events. 3. High-Quality Construction: Built by the renowned Turkish shipyard Mengi Yay, this yacht is known for its durability and attention to detail, ensuring a reliable and long-lasting vessel. 4. Powerful Performance: Equipped with robust engines, the Mengi Yay 115 MY delivers impressive speed and maneuverability, allowing for smooth cruising experiences. 5. Luxurious Amenities: The yacht features upscale amenities, including well-appointed cabins, modern kitchens, and luxurious lounges, enhancing the overall onboard experience. 6. Versatile Outdoor Spaces: The yacht's exterior areas, including sun decks and shaded lounges, provide versatile options for enjoying the open sea, whether for sunbathing or alfresco dining. 7. Sustainability Features: Many models from this era include eco-friendly systems that reduce fuel consumption and minimize environmental impact, aligning with contemporary boating trends.

Cons

Maintenance Costs: Like most luxury yachts, the Mengi Yay 115 MY may incur significant maintenance and operational costs, which can be a consideration for potential owners. 2. Size Limitations: While spacious, the yacht's dimensions may limit access to certain ports or marinas that accommodate smaller vessels. 3. Fuel Consumption: Depending on the engines and cruising speed, fuel consumption can be higher compared to smaller yachts, impacting operational costs during long trips. 4. Market Depreciation: Luxury yachts can depreciate in value over time, and potential buyers should consider the resale market when investing in such a vessel. 5. Complex Systems: The advanced technologies and systems onboard may require specialized knowledge for operation and maintenance, potentially necessitating professional support. 6. Limited Availability: As a specific model from 2011, finding a Mengi Yay 115 MY on the market may be challenging, which could limit options for interested buyers.

Made For

The 2011 Mengi Yay 115 MY is designed for those who appreciate luxury, comfort, and style on the water. Ideal for discerning yacht enthusiasts, this vessel caters to families, couples, or groups seeking a sophisticated escape. With its spacious layout and elegant design, it is perfect for entertaining guests or enjoying quality time with loved ones. The yacht's impressive amenities and modern features ensure a seamless cruising experience, making it suitable for both leisurely coastal excursions and longer voyages. Whether you're a seasoned sailor or new to the yachting lifestyle, the Mengi Yay 115 MY offers the perfect blend of performance and opulence, making it an excellent choice for those looking to create unforgettable memories on the open sea.

Contact 26 North Yachts

2525 Marina Bay Drive West, Suite 203A, Fort Lauderdale, FL, 33312

Be the first to know when similar boats hit the market

Get notified when new boats become available

Meet the Broker

Address

2525 Marina Bay Drive West
Suite 203A
Fort Lauderdale, FL 33312
Other Information about 26 North Yachts

We're the most admired boutique brokerage house in North America. We engage aggressive goals and implement innovative, yet disruptive marketing strategies that create a powerful platform for buyers and sellers of motoryachts in the 70' to 140' range.

Boat Location

Be the First to Know

Get notified when new boats become available.