1989 Formula 292 SR-1
$29,900
Boat in Sebastian, FL 32976 US
292 SR-1
2 Engines (2x MerCruiser)
29 feet
Gas
Fiberglass/Reinforced
~1989 Formula 292 SR-1~
~Twin Mercruiser 454 Magnums w/ NEW Bravo Outdrives~
~Recently Rebuilt <50hrs~
~Triple Axle TechSun Trailer included~
~Run in Saltwater only 3 Times~
~Cabin with a V-berth, seating area,
and offshore-style performance~
~Interior cabin features classic styling
ready for a modern refresh~
~Length (LOA): 29 feet 0 inches~
~Beam: 8 feet 0 inches~
~Dry Weight: Approx. 7,000 lbs~
~Draft: Approx. 34-36 inches~
~Fuel Capacity: Approx. 130-150 gallons~
~Hull Type: Deep-V~
~Cabin: V-berth, lounge seating~
The 1989 Formula 292 SR-1 is a 29-foot high-performance offshore boat with a 24-degree deep-V hull, typically powered by twin MerCruiser engines. It features a 29-foot length overall (LOA), a 96-inch (8-foot) beam, and an approximate dry weight of 7,000 lbs.
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
| Date | Event | Price |
|---|---|---|
| 2/23/26 | Price decreased | $29,900(-8.0%) |
| 2/6/26 | Initial price | $32,500 |
Videos from All Florida Yacht Sales on this 1989 Formula 292 SR-1
1989 Formula 292 SR-1 Video Tours
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.
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Address
Boat Location
Contact All Florida Yacht Sales about 1989 Formula 292 SR-1
18211 SW 95th Court, Palmetto Bay, FL, 33157
Contact All Florida Yacht Sales
18211 SW 95th Court, Palmetto Bay, FL, 33157



















































































