1999 Formula 353 Fastech Boat in Peoria, AZ 85383 US

$54,900

Used
builtBuilt in 1999
Year the boat was built
model

353 Fastech

Boat model
engine

2 Engines (2x Mercury Racing)

Engine type and count
length

35 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
35ft
Length Overall
35ft
Beam
8.42ft
Cabins
1
Max Passengers
9
Hull Material
fiberglass
Hull Shape
modified-vee
Engine 1
Engine Make
Mercury Racing
Engine Hours
701
Engine Type
Inboard/Outboard
Fuel Type
gasoline
Drive Type
stern
Propeller Material
stainless-steel
Engine 2
Engine Make
Mercury Racing
Engine Hours
701
Engine Type
Inboard/Outboard
Fuel Type
gasoline
Drive Type
stern
Propeller Material
stainless-steel
Anchor
Anchor Locker
Bench Seat
Beverage Holders
Bimini
Captain's Chair
Carpet Cockpit
Cleats Pull Up
Cover Cockpit
Glove Box
Passenger Seat
Rub Rails
Steering Wheel
Sun Pad Aft
Cabin Lighting
Cuddy Cabin
V Berth
Battery Switch
Hour Meter
Power Trim & Tilt Gauge
Speedometer
Stereo
Tachometer
Volt Meter
Bilge Blower
Bilge Pump
Power Trim & Tilt
Trim Tabs
Compass
Navigation Lights
Engine Kill Switch
Grab Rails
Horn
Yacht Certified
Tagline
A head turner! Excellent condition 353 Fastech! Loaded and ready to cruise!
Condition detail
1999 Formula shows normal wear and tear for its age. Cuddy is in very good condition, very clean. Only in the Cockpit has separated around the edges (photoed). Professionally maintained, has all service records, runs great! Has been a wonderful family boat for them.
Selling reason
Time for a bigger boat! Family is growing, needs a cruiser.
Trailer
Make
Heritage
Model
BT
Year
2002
Type
Painted Steel
Axle Count
3
Condition
Good
Storage
Status
Boat Storage Facility (Marina)

Price History

DateEventPrice
10/15/25Price decreased$54,900(-10.3%)
8/16/25Initial price$61,200

Contact Pop Yachts

5717 Bessie Drive, Sarasota, FL, 34233

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

The Formula 353 Fastech represents a notable collaboration between Formula and Ilmor, introducing Ilmor's new 570 horsepower 454 small block crossover engines. This model stands out as one of the most visually striking releases from Formula, featuring the innovative Stiletto graphics package applied with Imron paint rather than decals. The 353 Fastech aims to offer a competitively priced high-performance option within the Formula lineup, leveraging the power and efficiency of these newly developed engines.

Engine and Mechanical Features

Under the engine hatch reside the first two production units of Ilmor's 570 horsepower 454 small block engines, each weighing approximately 830 pounds. These engines fill a performance gap between Ilmor's 522 horsepower V8 and 650 horsepower V10 models. The installation in the 353 Fastech is well-executed, with easily accessible daily maintenance points such as forward-facing air cleaners and visible serpentine belts for inspection. A distinctive feature includes oil filters mounted directly to drip trays, enhancing cleanliness during servicing. Safety and convenience are addressed with a standard automatic discharge fire extinguisher, properly double-clamped hoses, clearly labeled ball valves, and power trim pumps positioned on the forward bulkhead. Electrical systems include a standard 50 amp battery charger, with battery switches and circuit breakers neatly located beneath the aft bench seat.

Exterior and Helm Design

The cockpit layout features McLeod Performance wraparound seats for both captain and passenger, designed for sustained high-speed comfort. These seats electrically lower to function as leaning posts, with adjustable footrests but fixed fore-and-aft positioning. Safety is enhanced by grab handles positioned behind the seats for standing passengers. The helm is finished with a color-matched carbon fiber treatment protected by a plastic overlay. Instrumentation includes an optional Garmin 740S GPS chartplotter, Ilmor's customizable multi-function engine displays, large Levorsi Monster and Redline analog tachometers, a fuel gauge, and a flush-mounted compass. Controls consist of dual chromed shift and throttle levers with integrated out-drive trim, supplemented by separate rocker switches for out-drive and trim tabs. Access to the bow is achieved by stepping over a low-profile windshield leading to a long foredeck and anchor hatch, though no anchor windlass is installed, deemed unnecessary due to weight considerations. Side rails are minimal and primarily aesthetic, while Formula's signature step-tall hull design reduces surface friction to enhance speed.

Performance and Handling

The Formula 353 Fastech measures 35 feet 3 inches in length overall, with a beam of 8 feet 3 inches and a draft of 36 inches. During testing, the boat's displacement was 10,650 pounds, accounting for fuel, water, and two occupants. Equipped with Mercury Racing Maximus 15.25 by 25 five-bladed props and a 1.5 to 1 gear reduction, the twin 570 horsepower Ilmor engines propelled the boat to a top speed of 85.2 miles per hour at 6,000 RPM, consuming 88 gallons of fuel per hour and providing a range of approximately 130 miles. The most efficient cruising speed was found at 3,500 RPM, yielding 46.2 miles per hour with a fuel burn of 27 gallons per hour and an extended range of 229 miles while maintaining a 10% fuel reserve. The boat exhibits a 14-degree bow rise during acceleration, which momentarily reduces forward visibility due to the helm's position relative to the bow. The 353 Fastech requires moderate trim adjustments to optimize performance, with the drives trimmed up to about 7 on the gauge to achieve optimal speed and handling. The hull design favors straight-line speed and stability, rolling 13.5 degrees into turns and demonstrating robust wave penetration thanks to its narrow entry. While capable of aggressive maneuvering, the boat is best handled at moderate speeds for occupant safety.

Conclusion

The Formula 353 Fastech powered by Ilmor's new 570 horsepower 454 small block engines delivers an impressive blend of performance, design, and innovation. The integration of these crossover engines provides a compelling option in the high-performance recreational boating segment, supported by thoughtful engineering and quality craftsmanship. The boat's handling characteristics, combined with its striking aesthetics and practical features, make it a noteworthy addition to Formula's lineup. Overall, the collaboration between Ilmor and Formula has produced a vessel that excels in speed, comfort, and style.

Overview from around the web 1999 Formula 353 Fastech

The 1999 Formula 353 Fastech has received positive feedback from customers who appreciate its powerful performance and sleek design

Owners often highlight the boat's impressive speed and smooth handling, making it ideal for both cruising and watersports. The spacious cockpit and comfortable seating are also frequently praised, providing an enjoyable experience for family and friends. Additionally, many customers commend the quality craftsmanship and reliable build, which contribute to the boat's lasting durability on the water. Overall, the Formula 353 Fastech is well-regarded for combining performance with style and comfort.

The Biggest Pros and Cons

The 1999 Formula 353 Fastech is a high-performance sport boat known for its sleek design and powerful capabilities. Here are some pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the 353 Fastech delivers impressive speed and acceleration, making it ideal for enthusiasts who enjoy fast boating.

Sleek Design: The aerodynamic and stylish design not only looks great but also enhances fuel efficiency and handling.

Comfortable Layout: Spacious seating and well-thought-out cockpit arrangements provide comfort for passengers during day trips or longer outings.

Quality Construction: Built with durable materials and attention to detail, ensuring longevity and reliability on the water.

Advanced Features: Includes modern instrumentation and controls for enhanced navigation and ease of operation.

Cons

Fuel Consumption: Due to its high-performance nature, the 353 Fastech may have higher fuel consumption compared to more economy-focused boats.

Maintenance Costs: The sophisticated engines and systems can require more intensive maintenance, which might result in higher upkeep expenses.

Limited Cabin Space: While comfortable for day use, the cabin area may be limited for extended overnight stays.

Handling in Rough Waters: Although designed for speed, some users find that handling can be less stable in choppy conditions compared to heavier cruisers.

Made For

The 1999 Formula 353 Fastech is designed for boating enthusiasts who seek a powerful and stylish performance cruiser. Ideal for those who enjoy high-speed adventures on the water combined with comfortable amenities, this boat caters to individuals and families looking for an exciting yet versatile vessel for day cruising, watersports, and entertaining. Its sleek design and advanced engineering make it perfect for boaters who appreciate both speed and luxury.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1999 Formula 353 Fastech. 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.
$
$
510152025
%
Principal Loan Amount$ 46,665
Total Payment$83,435.29
Monthly payment
$347.65/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1999 Formula 353 Fastech. 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.
$
$
510152025
%
Principal Loan Amount$ 46,665
Total Payment$83,435.29
Monthly payment
$347.65/mo

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Meet the Broker

Address

5717 Bessie Drive
Sarasota, FL 34233

Boat Location

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