2003 Formula 37 Performance Cruiser Sold Boat in Seattle, WA 98109 US
Built in 2003
37 Performance Cruiser
2 Engines (2x Volvo Penta)
37 feet
Diesel
Fiberglass/Reinforced
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 2003 Formula 37 Performance Cruiser | ||||||
|---|---|---|---|---|---|---|
| Price | $119,900 | $122,400 | $115,000 | $114,900 | $114,900 | $127,000 |
| Location | Seattle | Anacortes | La Conner | Bellevue | Bellevue | Anacortes |
| Nominal Length | 37' | 28' | 42' | 31' | 28' | 28' |
| Draft | 3' | - | - | - | - | - |
| Engine Make | Volvo Penta | Volvo Penta | Perkins | - | - | Volvo |
| Total Engine Power | 250 hp | 260 hp | 240 hp | - | - | 260 hp |
| Days on Market | 458 | 293 | 518 | 63 | 63 | 93 |
| Get in touch |
Other Formula boats for sale in Washington, United States
Here is a rare 2003 Formula 37 PC with Diesel engines, possibly the only one for sale in the country with the optional Twin Diesel engine package with Dual Prop Outdrives, along with a bow thruster for easy docking! This is a very clean, well-equipped boat that has been boat house kept for the last few years, and she shows like new!
Large cabin with a fixed forward island berth, large sofa, and mid berth.
Some of the highlights on this 2003 Formula 37 PC:
- Bow Thruster
- Diesel Generator
- Air Conditioning with Reverse Cycle Heat
- GPS/Chartplotter/Radar
- SeaWise Davit System
- Full Canvas Enclosure
If you want a used boat that looks like new, then here it is, look no further! One look and you will be very impressed! The owner is only selling as they have bought a bigger boat, and they have loved the memories that were made with this boat.
Located locally on Lake Union at a secure marina, please contact the LISTING BROKER on his cell phone to set up an appointment to see this 2003 Formula 37 PC!
Forward Berth:
- Queen Island Berth
- Cabinets above Berth
- 2 Hanging Closets
- Privacy Curtain
- Storage under Berth
- Hatch with Screen or Shade
Salon:
- Air Conditioning w/ Reverse Cycle Heat
- Huge Couch
- Removable Salon Table
- Table side Storage Cabinets
- Flatscreen TV
- Stereo System
- Electrical Panel
Mid Berth:
- U-shaped Seating Converts to Double Berth
- Storage
- Cabinets
- Mirror
- Privacy Curtain
Enclosed Head:
- VacuFlush Head
- Vanity
- Stainless-Steel Sink, Faucet w/Pullout Sprayer
- Shower
- Solid-Surface Countertop & Storage Below
- Medicine Cabinet w/Storage and Mirror
- Privacy Door
Cockpit:
- Port Side Seating with Storage under Cushions
- Seating, Aft - U Shaped with Storage under Cushions
- Removable Infinity Carpet
- Wet Bar w/Solid Surface, Sink & Faucet, Beverage Holders & Storage Below
- Cockpit Refrigerator
- Removable Cockpit Table
- Full Canvas including Camper Back with Front 5 Sections with Strataglass!
- Transom Shower - Hot/Cold
- Refrigerator and Freezer
- Microwave
- 2 Burner Stove Top - Electric
- Stainless-Steel Sink and Faucet
- Countertop - Solid Surface
- Storage, Upper & Lower
- Trash Receptacle - Under Sink
- Garmin GPSmap 741xs GPS/Chartplotter
- RayMarine Radar
- Standard VHF
- Electronic Throttle/Shift Controls
- Flatscreen TV
- Westerbeke Diesel Generator
- Vetus Bow Thruster
- Battery Charger
- 30 Amp Shorepower
- Full Canvas Enclosure including Strataglass on the front 5 sections
- SeaWise Davit System
- Air Conditioning with Reverse Cycle heat in the cabin
- Windlass
- Spotlight
- Fire Suppression System in Engine Compartment
- Trim Tabs
- Bottom Paint
Any and all personal property is excluded from the sale of the vessel unless specifically listed and included in the listing specifications reference above. Personal property may be all equipment or gear that is not permanently attached to the vessel, including but not limited to: artwork, entertainment equipment, fishing equipment, Direct TV Receivers, recreational equipment, tools, and personal appliances. Pictures may depict the owner's personal property and are not meant to convey that these items are included in the sale of the vessel unless specifically listed herein.
Irwin Yacht Sales 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 |
|---|---|---|
| 7/4/25 | Price decreased | $119,900(-4.0%) |
| 6/28/25 | No change | $129,900 |
| 6/28/25 | Price decreased | $124,900(-3.8%) |
2003 Formula 37 Performance Cruiser Video Tours
Formula 37 Performance Cruiser: BoatTEST 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 rave about the 2003 Formula 37 Performance Cruiser for its perfect blend of performance, comfort, and style
Boasting a powerful twin-engine setup, this boat offers an exhilarating ride, allowing enthusiasts to glide effortlessly across the water. Many users appreciate the spacious cabin, equipped with modern amenities, making it an ideal choice for weekend getaways or longer excursions. The well-designed cockpit provides ample seating and a functional layout for entertaining guests, enhancing the overall boating experience. Owners frequently highlight the sturdy construction and striking design of the Formula 37, noting that it stands out in both calm and rough waters. The smooth handling and impressive speed contribute to a thrilling journey, while the attention to detail in the interior finishes adds a touch of luxury. Moreover, customers often commend the ease of maintenance and reliability of the vessel, ensuring that their time on the water is spent enjoying rather than worrying about upkeep. Overall, the 2003 Formula 37 Performance Cruiser has garnered a reputation for being a high-quality vessel that balances performance and pleasure seamlessly.
The Biggest Pros and Cons
2003 Formula 37 Performance Cruiser Overview The 2003 Formula 37 Performance Cruiser is an elegant blend of luxury and performance, perfect for both thrill-seekers and those looking for a comfortable escape on the water. Known for its stylish design and potent power, this cruiser makes every outing memorable.
Pros
Performance-Oriented Design: The Formula 37 is built with a deep-V hull that enhances stability and allows for impressive handling in various sea conditions. It offers a smooth ride, even at higher speeds.
Spacious and Comfortable Interior: With a well-appointed cabin, the Formula 37 accommodates up to six guests comfortably. It features a full galley, a cozy lounge area, and a private head, making it ideal for extended voyages.
Quality Craftsmanship: Formula is renowned for its high standards of construction and attention to detail. The materials used in the 2003 model reflect durability and luxury, providing a stylish yet functional experience.
Powerful Engine Options: This model can come equipped with twin engine configurations that offer robust performance and swift acceleration, catering to those who crave speed on the water.
Outdoor Entertainment Space: The cockpit area is designed for socializing, with ample seating and amenities such as a wet bar and a grill, making it perfect for entertaining family and friends.
Versatile Uses: Whether you’re interested in day cruising, watersports, or weekend getaways, the Formula 37 can handle it all, making it a versatile choice for boaters.
Cons
Fuel Consumption: With powerful engines comes higher fuel consumption. While performance is exciting, it can lead to increased running costs, especially on longer trips.
Maneuverability: While the size and weight contribute to a stable ride, some might find the 37-foot length a bit challenging to maneuver in tight spaces or at low speeds.
Maintenance Costs: The quality of components and construction can lead to higher maintenance and repair costs over the years. Regular upkeep is essential to preserve its performance and aesthetics.
Limited Storage: Despite the spacious interior, storage space can be limited for carrying larger gear or equipment, which might be a drawback for some types of boating activities.
Not Built for Extreme Conditions: While it performs admirably in most waters, this model is not specifically designed for heavy offshore use; it’s best suited for lake and coastal cruising.
Made For
The 2003 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury and high-performance capabilities. Ideal for those who enjoy entertaining friends and family on the water, this cruiser offers ample space and thoughtful features for socializing and relaxation. With its sleek lines and powerful engines, the Formula 37 is perfect for thrill-seekers looking to cruise at high speeds while enjoying the splendor of the open water. The elegant interior caters to those who appreciate comfort without compromising on performance, making it a great choice for weekend getaways or extended trips. This vessel appeals to those who value quality craftsmanship, style, and an exhilarating on-water experience, making it suitable for both seasoned boaters and newcomers alike who appreciate performance cruising. Whether sailing into the sunset or anchoring in a peaceful cove, the Formula 37 is tailor-made for a memorable time on the water.
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Boat Location
Contact Irwin Yacht Sales - Seattle about 2003 Formula 37 Performance Cruiser
1001 Fairview Ave North, Suite 1200, Seattle, WA, 98109
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