1989 Formula 292 SR-1

$29,900

Used

Boat in Sebastian, FL 32976 US

builtBuilt in 1989
Year the boat was built
model

292 SR-1

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

29 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
MerCruiser
Engine Model
454 MAG MPI
Total Power
364hp
Engine Hours
50
Engine Type
inboard-outboard
Fuel Type
gasoline
Propeller Type
3-blade
Propeller Material
stainless-steel
Engine 2
Engine Make
MerCruiser
Engine Model
454 MAG MPI
Total Power
364hp
Engine Hours
50
Engine Type
inboard-outboard
Fuel Type
gasoline
Propeller Type
3-blade
Propeller Material
stainless-steel
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
2/23/26Price decreased$29,900(-8.0%)
2/6/26Initial price$32,500

Videos from All Florida Yacht Sales on this 1989 Formula 292 SR-1

Overview from around the web 1989 Formula 292 SR-1

Customers praise the 1989 Formula 292 SR-1 for its sleek design and powerful performance

Many highlight its smooth handling and comfortable seating, making it ideal for both day cruising and watersports. Owners appreciate the spacious cockpit layout and quality craftsmanship, noting that the boat maintains reliability even after years of use. The blend of speed and stability consistently receives positive feedback, making the Formula 292 SR-1 a favored choice among boating enthusiasts.

The Biggest Pros and Cons

The 1989 Formula 292 SR-1 is a classic sportboat known for its blend of performance and style. Here are some of the key pros and cons of this model:

Pros

Sleek Design: The 292 SR-1 features an attractive and aerodynamic design that stands out on the water.

Performance: Equipped with powerful engines, it delivers strong acceleration and impressive top speeds, making it ideal for thrill-seekers.

Handling: Its hull design offers responsive and stable handling, providing confidence during sharp turns and rough waters.

Comfort: The cockpit layout is designed for driver and passenger comfort, with ergonomic seating and good visibility.

Build Quality: Formula boats are known for their solid construction and durable materials, ensuring longevity.

Cons

Aging Components: As a 1989 model, some mechanical and electrical systems may require maintenance or upgrades to ensure optimal performance.

Fuel Efficiency: Powerful engines can lead to higher fuel consumption compared to more modern, fuel-efficient boats.

Limited Cabin Space: While comfortable, the cabin and storage areas are relatively small, which may limit extended trips or overnight stays.

Availability of Parts: Finding original replacement parts might be challenging due to the boat's age.

Made For

The 1989 Formula 292 SR-1 is designed for boating enthusiasts who seek a powerful and stylish sport cruiser. Ideal for those who enjoy high-performance on the water combined with comfortable accommodations, this model suits individuals or small families looking for an exciting day cruiser that delivers speed, agility, and sleek design. Whether you're into watersports, coastal cruising, or weekend getaways, the Formula 292 SR-1 offers a blend of performance and comfort to enhance your boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1989 Formula 292 SR-1. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a High Performance cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$339.36/mo
$
$
Loan amount$ 29,900
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1989 Formula 292 SR-1. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a High Performance cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$339.36/mo
$
$
Loan amount$ 29,900
OR
%

Contact All Florida Yacht Sales

18211 SW 95th Court, Palmetto Bay, FL, 33157

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Address

18211 SW 95th Court
Palmetto Bay, FL 33157

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