2001 Formula 37 Performance Cruiser Boat in Mentor, OH 44060 US

$84,900

Used
builtBuilt in 2001
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
11.92ft
Max Draft
2.5ft
Cruising Speed
29kn
Max Speed
41kn
Cabins
2
Heads
1
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
modified-vee
Engine 1
Engine Make
Mercruiser
Engine Model
8.1 HO
Total Power
420hp
Engine Hours
438
Engine Type
inboard
Fuel Type
gasoline
Drive Type
v
Engine 2
Engine Make
Mercruiser
Engine Model
8.1 HO
Total Power
420hp
Engine Hours
438
Engine Type
inboard
Fuel Type
gasoline
Drive Type
v
Cockpit Cushions
Swimming Ladder
Microwave Oven
Marine Head
Air Conditioning
Hot Water
Battery Charger
Tv Set
Plotter
Radio
Compass
Bimini Top
Shore Power Inlet
Generator
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.

Dimensions

Displacement: 16500

Engines

Total Power: T/420

Tanks

Fuel: 236
Fresh Water: 55
Holding: 57

Accommodations

The 37PC features an open salon arrangement with a huge island style bed forward, including custom fitted sheets. The dinette has leather fabrics and converts for sleeping. The mid cabin very comfortably sleeps two adults. Cabin carpet shows as new. Factory decor package with pillows has Gold and Tan accents.

  • Large flat screen TV w/ DVD
  • Deluxe stereo system w/ 10 disc CD changer
  • Air conditioning w/ reverse cycle heating
  • Central vacuum system
  • Vacu flush head system
  • Privacy Curtain to mid cabin
Galley

Galley is located on the port side of the cabin. Counter top is Corian and sink is stainless steel.

  • Under counter refrigerator w/ freezer compartment
  • Microwave
  • Two burner electric stove
  • Hot water system
  • Second Fridge(located in cockpit)
Electronics
  • Raymarine C 80 color radar with gps + chart plotter and Fish Finder
  • Standard Horizen VHF radio w/ remote speaker
  • Compass
  • 12V outlet at helm
  • Remote control for stereo at helm
  • Comfortable double wide helm seat
Electrical
  • 7.2KW Kohler generator
  • Dual 30 amp shore power w/ cords
  • Battery charger
  • Complete battery bank
  • Trim tabs
  • Remote control spotlight
Deck

The cockpit on this boat is an absolute home run with comfortable seating for up to ten adults. The walk through windshield feature makes going forward safe and easy for boaters of all ages. Forward deck features a windlass. Full bimini enclosure is Tan which looks great with the stainless steel windshield. Electric engine hatch actuator allows easy access to the spacious engine room

  • Bimini top w/ enclosure
  • Huge transom storage locker
  • Large swim platform with ladder
  • Cockpit shower-hot + cold
  • Electric engine hatch
  • Cockpit Fridge and wet bar
  • Storage below all cockpit seats
  • Large U shaped aft seat with table
  • Cockpit table converts to sun deck with cushions
Additional

This boat is absolutely turn key in all respects. She has many upgrades including stereo system upgrade with speakers upgrades, interior decor package, so much more. Her 8.1 HO Mercurey power completes this package and make her an absolute home run!

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.

Price History

DateEventPrice
6/30/26Initial price$84,900

Contact Catawba Moorings

2313 NE Catawba Rd., Port Clinton, OH, 43452

Formula 37 Performance Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 37 PC is an upscale weekender designed with a high level of build quality and fit and finish. This model offers a blend of comfort, performance, and thoughtful features, making it well suited for weekend cruising. With a length overall of 38 feet 5 inches, a beam of 12 feet, and a draft of 34 inches, the 37 PC balances spacious accommodations with manageable handling.

Exterior Design and Cockpit Features

The stern boarding area features both a 36-inch fixed platform and a 34-inch extended platform, both surfaced with Plazdeck Teak Finish synthetic material. The extended platform is equipped with a stainless steel grab rail for safety and convenience during swimming or docking. Beverage holders flank each side, and a retractable swim step is centered below. A side-mounted pedestal base for an optional grill is located on the starboard transom, adjacent to an aft-facing seat with a sun pad base, which includes beverage holders and a stereo remote with USB connectivity. Storage is available beneath this seating. Access to the cockpit is through a 16-inch wide walkthrough with a stainless steel framed acrylic gate. A shower is mounted on the port bulkhead. The sun pad area incorporates dual flip seat backs, allowing conversion between aft-facing and forward-facing seating within the U-shaped cockpit lounge, which surrounds two removable pedestal tables. The cockpit seating demonstrates Formula’s attention to detail, featuring weather-resistant materials with a prefixed stain inhibitor, carbon fiber trim, contrast bead welding, double stitching with Tenera element-resistant thread, and custom embroidery. To port, a refreshment center with a Corian countertop includes a recessed sink, a pedestal base for a TV, a dual-voltage refrigerator below the grab rail, a trash receptacle, and the battery switch. Forward of the cockpit, a double-wide lounge with a wraparound seat back offers versatile seating options under a hardtop that stands 6 feet 11 inches above the deck. The hardtop is equipped with speakers, two opening hatches, and LED lighting. Access to the cabin is via a center-mounted sliding door.

Interior Living Spaces

Inside the cabin, the Formula 37 PC provides comfortable accommodations with a gray wash woodgrain finish and 6 feet 8 inches of headroom, creating an open and inviting atmosphere. To starboard, a relaxing sofa can be complemented with a pedestal table for dining or socializing. The galley is efficiently designed with a glass-top cabinet for stemware, a coffee garage below, ample storage, a microwave, and a concealed two-burner stove. The Corian countertop includes a recessed stainless steel sink and a trash receptacle, with a refrigerator and additional storage located beneath. Forward lies the master stateroom, accessed through twin privacy doors, featuring an island berth with storage drawers underneath. A full-length mirror on the port closet door conceals an owner's safe, and a 24-inch TV is mounted on the aft bulkhead. A mid-cabin aft of the master offers flexible use as either a sitting room or a separate cabin with a privacy curtain. The head, located at the companionway to port, includes a separate shower enclosure, a toilet, and a stainless steel sink recessed into a Corian countertop.

Power and Performance

The Formula 37 PC is powered by twin 430 horsepower Mercruiser 8.2 Mag HO ECT engines paired with Bravo 3 outdrives, though the model offers a range of ten engine options from 330 to 430 horsepower. Engine access is facilitated by an electrically actuated hatch controlled from the helm, revealing well-organized engine compartments with all checkpoints located at the front for ease of servicing. A step is provided to aid maintenance, and the center platform conceals the engine start batteries. Additional mechanical features include a 7.5 kW generator with raw water pickup, a hot water heater on the starboard side, house batteries on port, a day hatch in the deck, and two engine flush quick connects on the port bulwarks. Dockside connections include shore power, TV, phone, and city water inlets. The helm is equipped with a recessed compass to reduce glare, dual fuel gauges, a 7-inch SmartCraft display with full functionality, a Lumar chain counter, outdrive trim gauges, and a tri-data display. Controls include rocker switches, VHF horn, stereo controls, a tilt steering wheel, joystick controls for the remote spotlight and Mercury joystick piloting system, trim tab rockers with LED indicators, and Mercury digital throttle and shift controls featuring single-lever operation and engine synchronization. The wraparound windshield is supported by a stainless steel frame with a walkthrough to the bow.

Performance Metrics

During testing with twin 430 horsepower engines, the Formula 37 PC achieved a top speed of 46.5 miles per hour at 4850 RPM. The best economic cruise was recorded at 3500 RPM, corresponding to 30 miles per hour, where the boat consumed 39 gallons of fuel per hour, yielding 0.8 miles per gallon and a range of 147 statute miles while retaining a 10% fuel reserve from the total 212-gallon capacity. The boat reached planing speed in an average of 5.4 seconds with minimal bow rise, accelerated to 20 miles per hour in 10 seconds, and to 30 miles per hour in 19 seconds. Handling characteristics include a 19-degree roll into turns with a subtle slide that mitigates the sensation of being pushed outward, contributing to a balanced and confident ride. The Mercury joystick system greatly enhances low-speed maneuverability, allowing precise docking even in challenging conditions such as wind or current, making the boat accessible for operators upgrading from smaller vessels.

Conclusion

The Formula 37 PC exemplifies what a weekend cruiser should offer, combining a high level of comfort, thoughtful design, and refined fit and finish. Its versatile interior, well-appointed exterior features, and strong performance capabilities make it a compelling choice for those seeking a quality boat for leisure cruising. The advanced joystick piloting system further enhances ease of handling, particularly in docking scenarios, providing confidence for operators of varying experience levels. Overall, the 37 PC reflects Formula’s commitment to craftsmanship and functionality.

Rating: 4.5 out of 5

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 37 Performance Cruiser. 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 Express 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$ 72,165
Total Payment$129,028.34
Monthly payment
$537.62/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 37 Performance Cruiser. 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 Express 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$ 72,165
Total Payment$129,028.34
Monthly payment
$537.62/mo

Be the first to know when similar boats hit the market

Get notified when new boats become available

Boats For Sale in Ohio, United States Similar to the 2001 Formula 37 Performance Cruiser

Compare with similar boats and find the perfect one for you.

The Image of 2001 Formula 37 Performance Cruiser docked by waterfront homes. - 02001 Formula 37 Performance Cruiser
$84,900$79,900$65,000$52,500$119,900$45,000
MentorLakeside MarbleheadToledoHuronSanduskySandusky
37'31'33'27'35'33'
3'-----
MercruiserMerCruiserMerCruiserMerCruiserMercruiserMerCruiser
420 hp-323 hp250 hp300 hp-
1501821913138
Price
Location
Nominal Length
Draft
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

2313 NE Catawba Rd.
Port Clinton, OH 43452

Boat Location

Be the First to Know

Get notified when new boats become available.