2003 Formula 31 Performance Cruiser
$47,900
$49,900
Boat in Newport Beach, CA 92660 US
31 Performance Cruiser
2 Engines (2x MerCruiser)
31 feet
Gas
Fiberglass/Reinforced
Formula 31 Express Cruiser -
Generator, Air Conditioning, New Camper Canvas -
Turnkey & Exceptionally Maintained
The 2003 Formula 31 Express Cruiser is a highly regarded express cruiser known for its solid offshore capability, refined handling, and comfortable cruising layout.
This example presents as a well-maintained, turnkey vessel equipped for
extended weekends and coastal cruising, featuring key upgrades and
comfort systems that enhance usability and value.
KEY FEATURES
- Onboard generator for full off-grid cruising capability
- Air conditioning & heat for all-season comfort
- New camper back enclosure expands cockpit usability
- Spacious cockpit designed for entertaining and relaxation
- Convertible cabin layout with forward berth & mid-cabin
- Fully equipped galley for extended weekends onboard
- Enclosed head with shower
- Deep-V Formula hull known for stability and performance
- Well-maintained presentation throughout
INTERIOR
Below deck, the Formula 31 offers a surprisingly open and functional layout for its class. The salon provides convertible seating and sleeping accommodations, while the forward berth and mid-cabin allow flexible overnight arrangements.
The galley is well-equipped for weekend cruising, and the enclosed head adds comfort and convenience for extended stays aboard.
COCKPIT & DECK
The cockpit is one of the strongest features of this model, designed for socializing and extended time on the water.
- Open, functional seating layout
- Excellent flow between helm and lounge areas
- New camper enclosure significantly increases usable space
- Ideal for entertaining or all-weather cruising
PERFORMANCE
Built on Formula's proven deep-V hull, the 31 Express Cruiser delivers a confident, smooth ride with excellent handling characteristics. It is well-suited for coastal cruising, weekend trips, and extended day runs.
CONDITION
This Formula 31 Express Cruiser has been consistently maintained and presents well overall. Systems are reported operational, and the boat reflects pride of ownership rather than deferred maintenance.
A strong turnkey opportunity for a buyer seeking immediate enjoyment without major upgrades or refit work.
Offered at $47,900, this Formula 31 Express Cruiser is positioned competitively within the current market for fully equipped express cruisers.
- Comparable vessels often lack generator or air conditioning
- Many require canvas or enclosure updates
- This example offers immediate usability and upgraded comfort systems
This combination of equipment, maintenance, and presentation makes it a standout value in its category.
Serious inquiries are welcomed. This vessel is available for private showings by appointment.
If you're looking for a well-equipped, turnkey express cruiser that is ready for immediate enjoyment, this Formula deserves strong consideration.
New Full Enclosure w Bimini & Camper Back
Swim Platform w Ski Tow Ring
Wet Bar w Ice Maker
Multiple Storage Areas
U shaped aft seating w foldaway transom Seat
Port Side Chaise Seating & Double Helm Seat
Removable Cockpit Table, Converts to sun pad
Transom Shower
Docking Lights & Spotlight
Windlass
Fender Baskets & Clamp on Rod Holders
Raymarine E90 Digital Touch Screen Unit
Raymarine Digital Radar
Standard Horizon VHF Radio w Ratchet Mount Antenna
Compass
Helm Stereo Controls
Livorsi Throttles
Fuel gauge, Fume detector
Engine synchronizer
Air Conditioned/ Heated Cabin
Sleeps 6 w Mid Cabin, Forward stateroom and Convertible dinette
Forward Berth w Privacy Curtain & Hanging Lockers
Double Mid Cabin w Curtain & Window
Vac-u-flush head w/holding tank and dockside pump-out
Shower
Exhaust fan
Vanity w Mirror & Cabinets
Central Vac
Flat Screen TV w Digital Antenna
Refrigerator/Freezer
Microwave
Corian Countertop
Stainless Steel Sink
Safety Grab Rail
7.2 KW Onan Generator
30 Amp Shore Power w 50' cord
Battery Charger
Multiple Batteries ( 2 House, 1 engine, 1 generator) w Crossover
6 Gallon Hot Water Heater
Hydraulic Engine Hatch
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 |
|---|---|---|
| 5/5/26 | No change | $49,900 |
| 4/24/26 | Price decreased | $47,900(-4.0%) |
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2003 Formula 31 Performance Cruiser | |||||
|---|---|---|---|---|---|
| $47,900 | $49,000 | $49,000 | $50,000 | $60,000 | $64,500 |
| Newport Beach | San Diego | Marina Del Rey | Long Beach | Long Beach | Ventura |
| 31' | 34' | 33' | 31' | 37' | 31' |
| 3' | - | - | - | - | - |
| MerCruiser | Mercruiser | Mercury | Volvo Penta | Mercruiser | Volvo Penta |
| 320 hp | 383 hp | - | 375 hp | 375 hp | 300 hp |
| 282 | 196 | 21 | 1085 | 105 | 30 |
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Contact South Mountain Yachts about 2003 Formula 31 Performance Cruiser
Monarch Beach, CA, 92629












































