2001 Formula 353 FASTech Boat in Harrison Township, MI 48045 US

$68,500

Used
builtBuilt in 2001
Year the boat was built
model

353 FASTech

Boat model
engine

2 Engines (2x Mercruiser)

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
8.25ft
Dry Weight
8575lb
Fresh Water Tanks
19gal
Fuel Tanks
137gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercruiser
Engine Model
502 MAG MPI
Total Power
385hp
Engine Hours
657
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2001
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Engine 2
Engine Make
Mercruiser
Engine Model
502 MAG MPI
Total Power
385hp
Engine Hours
660
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2001
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Swimming Ladder
✓
Electric Bilge Pump
✓
Refrigerator
✓
Battery Charger
✓
Depthsounder
✓
Radio
✓
Compass
✓
Cd Player
✓
Gps
✓
Cockpit Speakers
✓
Bimini Top
✓
Cockpit Cover
✓
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.

Accommodations

Forward V-Berth w/Sleeping Accommodations for Two

Mid-Ship U-Shaped settee

Enclosed Head (Portable)

Carpet Runner

Galley

Sink

Pressure Water System

Refrigerator (AC/DC)

Cabin Table

Electronics

Depth Sounder

Clarion Sound System

Updated JL Audio Speakers and Subwoofers

Garmin GPSmap 531s GPS / Chartplotter

(2) Batteries

Battery Charger

(1) 30amp Dockside Shorepower Plug

Deck

Forward Anchor Locker

(4) Forward Deck Hatches w/Screens

Electric Bolster Seating (Helm/Companion)

Snap In/Out Cockpit Carpet

Swim Platform w/Boarding Ladder

Power Engine Hatch Lift

K-Plane Trim Tabs w/Indicators

Silent Choice Exhaust

Stainless Steel Tie-Bar

Drive Showers

4 Blade Stainless Props

Price History

DateEventPrice
10/19/26Initial price$68,500

Contact Temptation Yacht Sales Inc

42000 Sea Ray Blvd, Harrison Township, MI, 48045

Formula 353 FASTech: BoatTEST Review

Reviewed by Jeff Hammond

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 rave about the 2001 Formula 353 FASTech for its impressive combination of performance, luxury, and cutting-edge design

Boasting a powerful twin-engine setup, this high-performance boat delivers exhilarating speed and agility on the water, making it a favorite among boating enthusiasts. Many users praise the sleek, aerodynamic lines that not only enhance the boat’s aesthetic appeal but also contribute to its impressive handling capabilities. The spacious cockpit is highlighted for its comfort, with ample seating that allows for social gatherings and enjoyable outings with friends and family. Inside, the cabin offers luxurious finishes and smart layout, combining functionality and style. Owners appreciate the well-appointed galley, comfortable sleeping quarters, and modern amenities that make overnight trips a pleasure. The Formula 353 FASTech is often described as one of the best investments for those seeking both adventure and comfort on the water. Overall, the feedback is overwhelmingly positive, with many customers noting that the Formula 353 FASTech has exceeded their expectations in terms of performance, craftsmanship, and overall value in the performance boat market. Whether for weekend getaways or thrilling water sports, this boat continues to be a top choice for aficionados.

The Biggest Pros and Cons

2001 Formula 353 FASTech: Pros and Cons

Pros

Performance: The Formula 353 FASTech is known for its impressive speed and agility on the water. The powerful engine options provide thrilling performance, making it ideal for enthusiasts who seek adventure.

Build Quality: Formula boats are renowned for their high-quality construction. The 353 FASTech features a solid fiberglass hull, ensuring durability and stability, even in choppy waters.

Stylish Design: The sleek and sporty aesthetic of the FASTech series is a standout feature. With its aggressive lines and vivid graphics, this boat exudes sophistication and modern appeal.

Comfortable Cabin: The interior offers a spacious and well-designed cabin that provides comfort for long outings. It includes amenities such as sleeping quarters, a galley, and a head, making it suitable for weekend getaways.

Handling: The deep-V hull design enhances maneuverability and provides a smooth ride, allowing for easy handling even at high speeds.

Cons

Fuel Consumption: The high-performance nature of the 353 FASTech often comes with higher fuel consumption, especially at full throttle, which can lead to increased operational costs.

Size and Weight: At 35 feet, the Formula 353 FASTech can be cumbersome for some boaters when it comes to trailering and docking. It may require a larger towing vehicle and more experienced handling.

Limited Storage: While the cabin is comfortable, storage space can be limited compared to larger cruisers. This could be a concern for those planning extended trips with lots of gear.

Age-Related Maintenance: As a 2001 model, potential buyers should be aware of the possibility of required maintenance or repairs due to age. It’s advisable to thoroughly inspect the boat and its systems.

Price Point: While offering great value for performance and design, the initial purchase price and subsequent upkeep may be on the higher end, which could deter budget-conscious buyers.

Made For

The 2001 Formula 353 FASTech is designed for serious boating enthusiasts who crave high performance and luxury on the water. This model is ideal for those who appreciate sleek design and cutting-edge technology. Whether you're a speed seeker looking for exhilarating rides or a leisure cruiser who enjoys long days on the water with family and friends, the FASTech caters to a variety of lifestyles. With its powerful twin engine setup, ample storage, and comfortable seating, this boat is perfect for thrill-seekers who enjoy watersports, as well as those who simply want to enjoy a sophisticated day on the waves. Its meticulous craftsmanship and attention to detail appeal to discerning boaters who value both style and substance. The 353 FASTech delivers an unforgettable experience for anyone who loves luxury performance boating.

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 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$58,225
Total Payment$104,104.14
Monthly payment
$433.77/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 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$58,225
Total Payment$104,104.14
Monthly payment
$433.77/mo

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LocationHarrison TownshipSaint Clair ShoresSaint Clair ShoresSaint Clair ShoresCheboyganFair Haven
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Days on Market229139138130
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Address

42000 Sea Ray Blvd
Harrison Township, MI 48045

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