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2001 Formula 353 FASTech Sold Boat in Fort Lauderdale, FL US

$54,944

Used
We will let you know when another 2001 Formula 353 FASTech is available in Fort Lauderdale, FL
builtBuilt in 2001
Year the boat was built
model

353 FASTech

Boat model
engine

--

Engine type and count
length

35 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

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2001 Formula 353 FASTech
Price$54,944$59,950
LocationFort LauderdalePalm Harbor
Nominal Length35'28'
Engine Make-Volvo Penta
Total Engine Power-375 hp
Days on Market307188
Get in touch
Nominal Length
35ft
Length Overall
35ft
Beam
8ft
Dry Weight
8575lb
Fresh Water Tanks
19gal
Fuel Tanks
154gal
Holding Tanks
2.6gal
Hull Material
fiberglass

PRICE JUST REDUCED FROM 59K!!!  SELLER IS LOOKING FOR OFFERS!

2001 353 Formula FasTech with a pair of Merc 500hp Racing Engines with only 250 hours.  

Option on this vessel include:

Hydraulic Trim Tabs

VacuFlush Head

VHF Radio

Northstar 952 GPS

AM/FM/CD Stereo

Sink

Cabin Refrigerator

 

 

 

 

 

 

Contact

Fort Lauderdale, FL

Formula 353 FASTech: BoatTEST Review

Reviewed by Jeff Hammond

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.

Rating: 4.3 out of 5

Overview from around the web 2001 Formula 353 FASTech

Customers praise the 2001 Formula 353 FASTech for its impressive performance and sleek design

Many highlight its powerful engine and smooth handling, making it ideal for both cruising and watersports. Owners appreciate the spacious and comfortable cockpit layout, which provides ample seating and storage. The boat’s quality construction and attention to detail are frequently noted, contributing to a reliable and enjoyable boating experience. Overall, the 2001 Formula 353 FASTech is regarded as a stylish, fast, and well-built sport cruiser that delivers both excitement and comfort on the water.

The Biggest Pros and Cons

The 2001 Formula 353 FASTech is a high-performance sport boat known for its sleek design and impressive speed capabilities. Here are some pros and cons to consider:

Pros

Powerful Performance: Equipped with potent engines, the 353 FASTech delivers thrilling acceleration and top-end speed, ideal for enthusiasts who love fast boating.

Advanced Hull Design: The FASTech hull technology enhances stability and handling, providing a smooth ride even at high speeds.

Spacious Layout: Despite being a performance boat, it offers comfortable seating and ample space for passengers, making it suitable for day cruising and social outings.

Quality Build: Formula boats are known for their solid construction and attention to detail, ensuring durability and reliability.

Stylish Appearance: The 353 FASTech features a sporty, modern design that stands out on the water.

Cons

Fuel Consumption: Due to its powerful engines and performance focus, it can be less fuel-efficient compared to more economy-minded boats.

Maintenance Costs: High-performance boats like the 353 FASTech may require more frequent and specialized maintenance, which can be costly.

Limited Overnight Accommodations: While spacious for day use, it lacks extensive cabin amenities for comfortable overnight stays.

Price Point: As a premium performance boat, it may come with a higher purchase price and insurance costs compared to standard recreational boats.

Made For

The 2001 Formula 353 FASTech is designed for boating enthusiasts who seek a perfect blend of high performance and luxurious comfort. Ideal for those who enjoy thrilling speed on the water without sacrificing style and smooth handling, this boat caters to individuals and families looking for a versatile vessel suitable for both exhilarating day trips and relaxed cruising. Whether you're an experienced boater or someone who appreciates quality craftsmanship and advanced technology, the 2001 Formula 353 FASTech offers an exceptional boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 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 Sports 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.
$
$
510152025
%
Principal Loan Amount$ 46,702
Total Payment$83,501.44
Monthly payment
$347.92/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 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 Sports 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.
$
$
510152025
%
Principal Loan Amount$ 46,702
Total Payment$83,501.44
Monthly payment
$347.92/mo

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