2003 Formula 37 Performance Cruiser Boat in Cape Coral, FL 33990 US
Built in 2003
37 Performance Cruiser
1 Engine (--)
37 feet
--
Fiberglass/Reinforced
2003 Formula 37PC
OBO
twin Mercruiser (990HRS)
UPDATED:
GPS
Seating / Cushions
Batteries
AC
Boat was in freshwater all its life until it moved to FL 2 years ago.
Call for more photos/videos
OBO
Introducing the 2003 Formula 37 Performance Cruiser, a stunning example of a used cruiser that combines elegance with performance. With an overall length of 37 feet, this vessel boasts a sleek fiberglass hull that promises durability and style on the water. The Formula 37 is equipped with a reliable engine that has logged 990 hours, ensuring a dependable experience for your cruising adventures. The thoughtful design includes ample accommodation features, providing comfort for all aboard. This cruiser is perfect for those who appreciate the finer details of boating, with equipment that enhances the overall experience. Whether you're planning a day on the water or a weekend getaway, the Formula 37 Performance Cruiser is ready to deliver an exceptional journey. Embrace the thrill of cruising with this remarkable vessel that stands out in both performance and aesthetics.
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
| Date | Event | Price |
|---|---|---|
| 4/6/26 | Price decreased | $85,999(-1.1%) |
| 3/12/26 | Price decreased | $86,999(-1.1%) |
| 3/5/26 | Price decreased | $87,999(-1.1%) |
| 11/27/25 | Initial price | $88,999 |
2003 Formula 37 Performance Cruiser Video Tours
Boattest.com Review
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.
Overview from around the web 2003 Formula 37 Performance Cruiser
Customers praise the 2003 Formula 37 Performance Cruiser for its powerful performance and sleek design
Many highlight its spacious and comfortable interior, making it ideal for both day cruising and overnight trips. The boat’s handling is often described as smooth and responsive, providing a confident ride even in choppier waters. Owners appreciate the quality craftsmanship and attention to detail throughout the vessel, including high-end finishes and practical layout. Overall, the Formula 37 is celebrated for blending luxury with performance, appealing to those who want a stylish and capable cruiser.
The Biggest Pros and Cons
The 2003 Formula 37 Performance Cruiser is celebrated for its blend of speed, style, and comfort, making it a popular choice among boating enthusiasts. Here are some of the key pros and cons of this model:
Pros
Powerful Performance: Equipped with robust engines, the Formula 37 delivers impressive speed and smooth handling, ideal for both cruising and watersports.
Sleek Design: The boat features a sporty and aerodynamic profile that not only looks great but also enhances fuel efficiency and performance.
Spacious Interior: The cabin offers comfortable accommodations with quality finishes, including a well-appointed galley, sleeping quarters, and a head, making it suitable for extended trips.
Well-Equipped Helm: The cockpit is designed with ergonomics in mind, providing easy access to controls and excellent visibility for the captain.
Ample Deck Space: The layout includes generous seating and lounging areas, perfect for entertaining guests or relaxing on the water.
Cons
Fuel Consumption: Due to its powerful engines and performance-oriented design, the 2003 Formula 37 can be less fuel-efficient compared to smaller or less performance-focused cruisers.
Maintenance Costs: High-performance components and luxury finishes may require more frequent upkeep and can lead to higher maintenance expenses.
Limited Storage: While the interior is spacious, storage compartments can be somewhat limited, which may require careful organization for longer voyages.
Draft Depth: The deeper draft may restrict access to shallow waters or certain marinas, limiting some cruising areas.
Made For
The 2003 Formula 37 Performance Cruiser is perfect for boating enthusiasts who seek a seamless blend of high-performance speed and luxurious comfort. Ideal for those who enjoy spirited cruising, entertaining guests, and extended weekend getaways, this boat caters to individuals and families looking for a stylish, well-appointed vessel that delivers both excitement on the water and spacious, comfortable accommodations. Whether you're a seasoned boater or someone new to performance cruisers, the Formula 37 offers an exceptional boating experience with its sleek design, powerful engines, and thoughtful amenities.
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 2003 Formula 37 Performance Cruiser | |||||
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| $85,999 | $80,000 | $74,900 | $98,998 | $99,000 | $69,900 |
| Cape Coral | Bradenton Beach | Daytona Beach | Cape Canaveral | Dania | Fort Lauderdale |
| 37' | 37' | 34' | 43' | 41' | 38' |
| - | Volvo | Mercruiser | Cummins | Volvo | Mercury |
| - | 375 hp | - | - | - | 375 hp |
| 252 | 12 | 285 | 742 | 101 | 55 |
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Meet the Broker
Address
Boat Location
Contact Adonai Yachts International about 2003 Formula 37 Performance Cruiser
19701 SW 197th Ave, Miami, FL, 33187
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