2002 Formula 31 Performance Cruiser

$49,500

Used

Boat in Pompano Beach, FL 33063 US

builtBuilt in 2002
Year the boat was built
model

31 Performance Cruiser

Boat model
engine

2 Engines (2x Mercury)

Engine type and count
length

31 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
31ft
Length Overall
34ft
Beam
11ft
Max Bridge Clearance
10ft
Max Draft
3.42ft
Cabin Headroom
0.33ft
Dry Weight
11730lb
Cabins
1
Heads
1
Seating Capacity
8
Fresh Water Tanks
50gal
Fuel Tanks
180gal
Holding Tanks
40gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercury
Engine Model
6.2 MPI
Total Power
320hp
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Propeller Type
3-blade
Engine 2
Engine Make
Mercury
Engine Model
6.2 MPI
Total Power
320hp
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Propeller Type
3-blade
Electronics and Helm
  • Garmin 740s GPS
  • Standard Horizon VHF Radio
  • Jabsco Spotlight
  • Kenwood Radio Remote Controller
  • Kenwood Bluetooth Stereo
  • Bennett Trim Tabs
  • Kenwood 250 Watt Amps (2)
Electrical
  • Charles 5000 Series Battery Charger
  • Hot Water Heater
  • Kohler Generator 7 KW
Galley
  • 2-Burner Hot Plate
  • Magic Chef Microwave
  • Deep Stainless Steel Sink
  • Apex 20" TV
  • Refrigerator
Cockpit
  • Ice Maker (not Operational)
  • Aft Deck Shower
  • Aft Seating with Tables
  • Kenwood Speakers
  • Behind Seating Storage
Mechanical Disclaimer

Engine hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters.  The broker cannot guarantee the true hours.  It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

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
4/29/26Initial price$49,500

Contact United Yacht Sales - Florida SE Coast

, Palm Beach, Ft. Lauderdale and Miami, FL

Boattest.com Review

Overview

The Formula 31 PC is a thoughtfully designed cruiser that balances functionality with elegant styling. This model introduces an extended swim platform and an aft sun pad, enhancing the boat's usability for water sports and leisure activities. The design reflects Formula's commitment to contemporary American nautical aesthetics and practical layouts.

Exterior Design and Cockpit

The most notable exterior update is the extended swim platform, which significantly increases space for lounging and sunbathing. This platform features a built-in swim ladder and a heavy-duty stainless steel handrail, complemented by a smaller handrail with recessed lighting. The deck surface mimics teak in appearance but is soft underfoot and resistant to overheating. The aft sun pad includes a versatile backrest that locks into three positions, allowing it to function as an aft-facing seat, a chaise lounge, or additional forward-facing cockpit seating. The sun pad lifts on gas shocks to reveal storage compartments for fenders, cocktail tables, and filler cushions for the U-shaped cockpit seating. This seating is upholstered in Nautilex marine vinyl with storage beneath, and the cockpit can be outfitted with one or two removable cocktail tables. Additionally, the port side features a refrigerated drawer beneath a sink, ensuring beverages remain secure and chilled.

Interior Living Spaces

Inside the cabin, the Formula 31 PC offers an open and roomy salon with a refined, elegant design. The mid-cabin area is particularly notable for its spaciousness and tasteful styling, with open stairs to the topside that resemble sculptural artwork. On the starboard side, a comfortable sofa with dual tables can be lowered to create an extra berth, complemented by a 15-inch LCD flat screen TV. The galley, while compact, is well-equipped for preparing breakfasts, lunches, and light evening meals. The cabinetry demonstrates high-quality craftsmanship comparable to upscale household kitchens.

Private Accommodations and Head

The forward berth measures 5 feet 10 inches by 4 feet 5 inches and includes a cedar hanging locker with a full-length mirror on its side. The wet head is designed with functionality in mind, featuring a single basin sink and a privacy curtain that separates half of the head to keep the shower area dry. Towels can be hung on the inside of the head door but remain outside the shower curtain to stay dry.

Conclusion

The Formula 31 PC combines thoughtful design with practical features, offering enhanced exterior lounging space and a stylish, comfortable interior. Its well-executed layout and quality finishes make it a versatile boat suitable for both water sports and relaxed cruising.

Overview from around the web 2002 Formula 31 Performance Cruiser

The 2002 Formula 31 Performance Cruiser has garnered praise from its owners for its exceptional blend of performance and comfort

Customers highlight its powerful twin engine configuration, which provides impressive speed and agility on the water, ensuring a thrilling ride whether you're cruising or tackling rougher seas. Owners often comment on the boat's sleek design and stylish aesthetics, which make it stand out at the dock. The spacious cockpit area is frequently mentioned as a favorite feature, offering ample seating and an excellent layout for entertaining guests or relaxing during sunny days on the water. Inside, the cabin is noted for its well-thought-out design, featuring comfortable sleeping accommodations, a functional galley, and a cozy dinette. Customers appreciate the high-quality finishes and materials, which enhance the overall luxury feel of the cruiser. Many reviews emphasize the boat's stability and handling, making it an excellent choice for both seasoned boaters and those new to the experience. The 2002 Formula 31 Performance Cruiser is often described as a reliable vessel that excels in both performance and livability, making it a popular choice for weekend getaways or longer excursions. Overall, it's clear that owners are satisfied with their investment in this remarkable cruiser.

The Biggest Pros and Cons

The 2002 Formula 31 Performance Cruiser is a popular choice among boating enthusiasts, known for its balance of performance and comfort. Below are some pros and cons to consider:

Pros

Performance-Oriented Design: The Formula 31 features a robust hull design that delivers impressive speed and handling, making it perfect for those who enjoy spirited cruising.

Comfortable Cabin: The interior offers a well-designed cabin space with comfortable seating, a fully equipped galley, and sleeping accommodations for up to six people, ensuring a pleasant onboard experience.

Quality Construction: Formula is known for its high-quality craftsmanship, and this model is no exception. The materials used and overall build quality contribute to its durability and longevity.

Versatile Layout: The 31 Performance Cruiser boasts a versatile layout that accommodates both leisurely day trips and extended weekends on the water.

Stylish Aesthetics: The boat's sleek lines and stylish design contribute to its visual appeal, making it a head-turner at the dock.

Excellent Engine Options: With various engine options available, the 31 can be tailored to match the owner's performance preferences, providing choices for power and efficiency.

Cons

Size Limitations: While the 31-foot length offers a good balance for handling and comfort, it may feel cramped for larger groups on longer trips.

Fuel Consumption: Performance-oriented boats like the Formula 31 can have higher fuel consumption rates, particularly when pushing the engines for maximum speed.

Maintenance Costs: The high-performance components and luxury features can lead to increased maintenance and repair costs over time.

Storage Space: While it does have adequate cabin space, storage options can be limited, especially for longer voyages or when carrying additional gear.

Weather Sensitivity: As a performance cruiser, it may be more affected by wind and rough seas compared to larger vessels designed specifically for stability.

Made For

The 2002 Formula 31 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of comfort, performance, and style. Ideal for families and small groups, this model offers ample space for entertaining guests or enjoying quiet weekends on the water. With its sleek lines and powerful engines, the Formula 31 delivers a thrilling ride, making it suitable for both seasoned mariners and newcomers looking to elevate their cruising experience. Whether you're planning day trips, weekend getaways, or extended journeys, this performance cruiser provides the amenities needed for relaxation and fun. Its spacious cockpit and well-appointed cabin make it an excellent choice for those who appreciate luxury and practicality. With a strong emphasis on quality craftsmanship and attention to detail, the 2002 Formula 31 Performance Cruiser is perfect for those who value exceptional boating experiences, all while cruising in style.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 31 Performance Cruiser. 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 Power Cruiser 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
$313.45/mo
$
$
%
Principal Loan Amount$ 42,075
Total Payment$75,228.54

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 31 Performance Cruiser. 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 Power Cruiser 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
$313.45/mo
$
$
%
Principal Loan Amount$ 42,075
Total Payment$75,228.54

Be the first to know when similar boats hit the market

Get notified when new boats become available

Boats For Sale in Florida, United States Similar to the 2002 Formula 31 Performance Cruiser

Compare with similar boats and find the perfect one for you.

The Image of 2002 Formula 31 PC boat docked, surrounded by palm trees and a vibrant sunset sky. - 02002 Formula 31 Performance Cruiser
$49,500$44,500$64,999$65,000$70,900Price on request
Pompano BeachPanama CityMiamiDaniaMiamiMiami
31'29'30'41'31'32'
3'-----
MercuryYamahaSuzukiVolvo PentaYanmarYamaha
320 hp225 hp300 hp450 hp315 hp350 hp
2222592370233
Price
Location
Nominal Length
Draft
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

Palm Beach, Ft. Lauderdale and Miami, FL

Boat Location

Be the First to Know

Get notified when new boats become available.