2002 Formula 37 PC Sold Boat in Daytona Beach, FL 32114 US
37 PC
2 Engines (2x Mercruiser)
37 feet
--
Fiberglass/Reinforced
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2002 Formula 37 PC | ||||||
|---|---|---|---|---|---|---|
| Price | $105,000 | $109,900 | $110,000 | $99,999 | $99,900 | $99,000 |
| Location | Daytona Beach | Miami | Palm Beach Gardens | Saint Petersburg | Ponte Vedra Beach | Miami |
| Nominal Length | 37' | 41' | 32' | 38' | 35' | 41' |
| Engine Make | Mercruiser | Caterpillar | Suzuki | Yanmar | Yanmar | Caterpillar |
| Total Engine Power | 425 hp | 350 hp | 250 hp | 440 hp | 440 hp | 350 hp |
| Days on Market | 703 | 0 | 120 | 163 | 457 | 52 |
| Get in touch |
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2002 Formula 37 PC - Daytona Beach, FL
Formula Quality & Performance - Extremely Clean Boat - New Engines & Rebuilt Generator
This classic Formula vessel shows very well. The engine compartment has been rebuilt due to water intrusion, water did not enter cabin area. Rebuilt engines (performed in 2023, including new accessories), all new wiring, pumps, batteries, battery charger, too much to fully list. Fully cleaned and detailed engine compartment. Updated electronics with new Raymarine Axiom MFDs and Standard Horizon VHF. Newer Dometic air conditioning system, installed 12/2022. Bridgedeck and cockpit seating is in very good condition, Aqua Traction on bridgedeck, cockpit, and swim platform. Cabin area is extremely clean and comfortable. She has had extensive, regular maintenance since the current owners took possession, with all documentation.
Mechanical Features:
Mercruiser 8.1 L Horizon HO, 425 hp, 10 Hours Since Rebuild, Closed Cooling System (1120 Hours On Vessel)
ZF V-Drive Transmissions
4-Blade Bronze Propellers, Recently Tuned
Propeller Shafts Recently Tuned With Fully Serviced Tides Dripless Shaft Seals
Kohler 7 KVA Generator, 5 Hours Since Rebuild (1419 Hours Total), Recently Fully Serviced
Engine Compartment Very Clean Throughout!
Electronics:
(2) Raymarine Axiom 9RV MFDs (New 2023)
Raymarine B60 Transducer (New 2023)
Available Raymarine Closed Radar Array (Used, In Good Condition)
Standard Horizon VHF Radio (New 2024)
Ground Tackle:
Lewmar Windlass With Deck And Helm Controls
Galvanized Plow Anchor With Chain And Rope Rode Assembly
Electrical Features:
(2) 30 Amp Service Shore Connectors
AGM Batteries (New 2023)
Victron Energy Battery Charger (New 2023)
New Pumps Throughout Engine Compartment
All New Or Reconditioned Wiring Throughout Engine Compartment
Entertainment And Accommodations:
Full Galley With Kenyon Stove, GE Microwave, And Norcold Refrigerator
Dometic 16,000 BTU Air Conditioner (New 2022)
Single Head With Fresh Water, VacuFlush Toilet
AutoHydra Ice Maker (New 2023)
TLC Smart TV In Salon (New 2024)
Fusion Stereo In Salon (New 2024)
AquaTraction Decking Throughout Bridgedeck, Cockpit, And Swim Platform
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.
Overview
The Formula 37 PC is a premium cruiser designed for both performance and ease of handling. Equipped with twin 430 horsepower 8.2 MAG HO engines and the advanced Axius joystick control system, this vessel offers precise maneuverability and powerful performance. Measuring 38 feet 5 inches in length overall with a 12-foot beam and a draft of 34 inches, the 37 PC balances spaciousness with agility, making it a capable boat for a variety of cruising conditions.
Exterior Design and Bridge Features
The 37 PC features a thoughtfully designed helm area with a double-wide seat that comfortably accommodates both captain and observer, each with flip-up bolsters that also serve as armrests. The helm panel is elegantly finished with faux burl wood and includes a 12-inch Raymarine E120 display, SmartCraft vessel view, fuel gauges, trim gauges, and optional autopilot controls. The power quadrant integrates digital throttle and shift controls, trim tabs, the Axius joystick, remote spotlight control, and a Skyhook station-keeping system. The steering wheel is leather-wrapped with wood trim and mounted on a tilt base for ergonomic handling. Boarding is facilitated by a non-skid cap rail, stainless grab handle, and variable-height railings that rise from 19 to 27 inches at the bow. The bow area includes a concealed Lumar windlass with automatic latching hatch, stainless steel anchor chute, freshwater washdown option, and dual foot control switches, enhancing both functionality and safety.
Engine Access and Systems
Maintenance and daily checks are simplified by the inclusion of a deck hatch that provides easy access to the twin engines. Additional compartments on the starboard side house the batteries, head pumps, and a fixed firefighting system, ensuring that critical systems are readily accessible. The engine hatch allows for more extensive maintenance, but the deck hatch is particularly convenient for routine inspections.
Power and Performance
Powered by twin 430 horsepower 8.2 MAG HO engines, the Formula 37 PC delivers a top speed of 46.7 miles per hour at 4,800 RPM, with a corresponding fuel burn of 67.5 gallons per hour, yielding a range of approximately 147 miles. The most efficient cruising speed is achieved at 3,500 RPM, where the boat maintains 32.2 miles per hour while consuming 33.25 gallons per hour. This allows for a cruising range of 206 miles over six hours and 24 minutes with a 10% fuel reserve. Acceleration is brisk, with the vessel planing in 4.8 seconds, reaching 20 miles per hour in 6.6 seconds, 30 miles per hour in 11.6 seconds, and 40 miles per hour in 18.8 seconds. The bow rises about 12 degrees during acceleration due to its forward position, temporarily obscuring the horizon until the boat planes. Once on plane, a slight adjustment of the trim tabs results in a comfortable 6 to 7 degree bow-high cruising attitude. Steering is responsive with two and a half turns lock to lock, providing precise control without overly sharp or uncomfortable turns.
Handling and Maneuverability
The Axius joystick system greatly enhances close-quarters handling, allowing the 37 PC to move in any direction with minimal effort. Docking mode reduces power for fine control, and the joystick’s placement offers excellent visibility of both bow and stern, critical for tight marina maneuvers. The helm’s ergonomic layout ensures that throttle, trim tabs, and joystick controls are within easy reach, facilitating confident operation in confined spaces. At idle speeds, the captain’s seating position may require adjustment to maintain clear sightlines through the windshield, but the boat’s generous headroom makes standing at the helm preferable during cruising.
Conclusion
The Formula 37 PC combines premium build quality with advanced technology to deliver a versatile and enjoyable cruising experience. Its powerful engines, efficient fuel consumption, and responsive handling make it suitable for both leisurely cruises and more spirited outings. The integration of the Axius joystick system simplifies close-quarters maneuvering, while the well-appointed helm and accessible engine compartments contribute to ease of operation and maintenance. Overall, the 37 PC stands out as a capable and thoughtfully designed cruiser in its class.
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Boat Location
Contact Ocean East Yacht Sales about 2002 Formula 37 PC
205 Commercial Drive, St. Augustine, FL, 32092

















































