1989 Formula 292 SR-1 Boat in Sebastian, FL 32976 US
Built in 1989
292 SR-1
2 Engines (2x Mercury)
29 feet
Gas
Fiberglass/Reinforced
1989 Formula 292 SR-1
The 1989 Formula 292 SR-1 is a classic, 29-foot deep-V offshore performance boat. It is highly regarded for its rough-water handling and spacious cabin. Despite being a go-fast boat, it includes a usable interior with a V-berth, lounge/salon seating, and a basic galley and enclosed head.
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 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 |
|---|---|---|
| 6/13/26 | Initial price | $24,900 |
1989 Formula 292 SR-1 Video Tours
Overview from around the web 1989 Formula 292 SR-1
The 1989 Formula 292 SR-1 has garnered a strong reputation among boating enthusiasts for its impressive performance and sleek design
Many customers praise its robust build quality and stability on the water, making it suitable for both leisurely cruising and thrilling high-speed outings. Owners frequently highlight the powerful engine options, which allow for exhilarating acceleration and a smooth ride even in choppy conditions. The spacious cockpit and comfortable seating arrangements are also noted as significant benefits, providing ample room for friends and family to enjoy time on the water. The classic styling of the Formula 292 SR-1 is often commended, with many customers appreciating the blend of vintage charm and modern performance capabilities. Overall, feedback indicates that this model stands the test of time, with many owners cherishing their experiences and adventures aboard this iconic vessel. Whether for weekend getaways or adrenaline-filled days on the lake, the Formula 292 SR-1 remains a beloved choice in the boating community.
The Biggest Pros and Cons
1989 Formula 292 SR-1 Overview The 1989 Formula 292 SR-1 is a striking high-performance boat that combines classic styling with impressive capabilities ideal for powerboating enthusiasts. Below is a look at the pros and cons of this iconic vessel.
Pros
Performance and Speed: Equipped with powerful engines, the Formula 292 SR-1 is designed for remarkable speed and thrilling performance on the water, making it a favorite among adrenaline seekers.
Design and Aesthetics: The sleek, sporty lines of the 292 SR-1 reflect the aesthetic charm of classic powerboats. Its bold colors and graphics are sure to turn heads at the dock.
Quality Construction: Formula is known for its commitment to high-quality materials and craftsmanship. The 292 SR-1 features a sturdy hull that enhances durability and overall performance.
Comfortable Cabin: The boat has a well-appointed cabin that provides comfortable accommodations for overnight stays, including sleeping arrangements and essential amenities.
Handling and Stability: The deep-V hull design provides excellent handling capabilities, allowing for smooth rides even in choppy water conditions.
Customization Options: Owners often appreciate the various customization choices available, including engine options and interior finishes, allowing for a personalized touch.
Cons
Fuel Consumption: As a high-performance vessel, the Formula 292 SR-1 can be less fuel-efficient compared to more economy-focused boats, which might be a consideration for longer trips.
Maintenance Requirements: The sophisticated mechanical systems and high performance may require more frequent maintenance and attention to keep the boat in peak condition.
Limited Space: While the cabin offers comfort, space can be constrained compared to larger vessels, which may limit storage and living arrangements for extended outings.
Cost of Ownership: The initial purchase price combined with upkeep and operating costs can make the Formula 292 SR-1 a significant investment, potentially limiting it to serious boating enthusiasts.
Age Considerations: Being a 1989 model, some may find that the age can lead to challenges in terms of parts availability or potential wear and tear, requiring diligent upkeep and care.
Made For
The 1989 Formula 292 SR-1 is designed for boating enthusiasts who appreciate a blend of performance, style, and comfort. This high-performance powerboat is ideal for those looking to experience thrilling speed on the water, whether for leisurely cruising or high-octane adventures. With its sleek lines and aggressive stance, the Formula 292 SR-1 appeals to individuals and families who value aesthetics alongside functionality. It offers ample seating and spacious layouts, making it suitable for entertaining guests or enjoying a day out on the lake. Additionally, this model is perfect for experienced boaters who understand the importance of precision handling and the powerful mechanics that underpin a true sport boat. The Formula 292 SR-1 caters to those ready to embrace the excitement of open water while enjoying the reliability and craftsmanship that Formula boats are known for. Whether you're a seasoned boater or a first-time buyer looking for an exhilarating experience, the 1989 Formula 292 SR-1 promises an unforgettable journey on the waves.
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No image available 1989 Formula 292 SR-1 | |||||
|---|---|---|---|---|---|
| $24,900 | $29,900 | $30,000 | $32,000 | $35,900 | $39,900 |
| Sebastian | Sebastian | North Fort Myers | Miami | Nokomis | Pompano Beach |
| 29' | 29' | 26' | - | 31' | 33' |
| Mercury | MerCruiser | Mercruiser | MerCruiser | Mercruiser | MerCruiser |
| 454 hp | 364 hp | 320 hp | - | 320 hp | 375 hp |
| 4 | 130 | 14 | 404 | 10 | 108 |
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Meet the Broker
Address
Boat Location
Contact Adonai Yachts International about 1989 Formula 292 SR-1
19701 SW 197th Ave, Miami, FL, 33187
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