2004 Formula 37 Performance Cruiser Boat in Fort Lauderdale, FL 33308 US

$69,900

Used
builtBuilt in 2004
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x Mercury)

Engine type and count
length

38 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
38ft
Length Overall
38.42ft
Beam
12ft
Max Draft
2.92ft
Deadrise At Transom
18deg
Dry Weight
18000lb
Cruising Speed
28kn
Max Speed
41kn
Cabins
1
Heads
1
Seating Capacity
12
Fresh Water Tanks
56gal
Fuel Tanks
220gal
Holding Tanks
56gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercury
Engine Model
MerCruiser 496 Mag
Total Power
375hp
Engine Hours
1127
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2004
Drive Type
stern
Engine 2
Engine Make
Mercury
Engine Model
MerCruiser 496 Mag
Total Power
375hp
Engine Hours
1127
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2004
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
5/18/26Price decreased$69,900(-6.7%)
4/17/26Initial price$74,900

Contact Marine Pointe

1915 SW 21st Ave, Unit B305, Fort Lauderdale, FL, 33312

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 2004 Formula 37 Performance Cruiser

Customers praise the 2004 Formula 37 Performance Cruiser for its impressive blend of speed, comfort, and sleek design

Many highlight its powerful performance on the water, noting the smooth handling and responsive controls that make cruising both exciting and enjoyable. The spacious cockpit and well-appointed interior receive compliments for providing ample room and comfort for family and guests. Owners also appreciate the quality craftsmanship and attention to detail evident throughout the boat. Overall, users find the 2004 Formula 37 Performance Cruiser to be a reliable and stylish choice for both day trips and longer outings.

The Biggest Pros and Cons

The 2004 Formula 37 Performance Cruiser offers a compelling blend of speed, style, and comfort, making it a popular choice for boating enthusiasts. Here are some pros and cons to consider:

Pros

Powerful Performance: Equipped with robust engines, the Formula 37 delivers impressive speed and handling, ideal for both cruising and watersports.

Sleek Design: Its aerodynamic profile and stylish lines provide a sporty yet elegant appearance on the water.

Spacious Interior: The cabin offers comfortable sleeping accommodations and ample living space, suitable for weekend getaways.

Quality Build: Known for solid construction and durable materials, ensuring longevity and reliability.

Well-Equipped Cockpit: Features user-friendly controls and seating arrangements that enhance the boating experience.

Cons

Fuel Consumption: Due to its high-performance engines, fuel efficiency may be lower compared to more economy-focused cruisers.

Maintenance Costs: The sophisticated systems and powerful engines can lead to higher upkeep expenses.

Limited Storage: While comfortable, storage space may be somewhat restricted for extended trips or larger groups.

Draft Depth: Its draft might limit access to very shallow waters, restricting certain cruising areas.

Made For

The 2004 Formula 37 Performance Cruiser is ideal for boating enthusiasts who seek a perfect blend of luxury, speed, and comfort. It's designed for those who enjoy high-performance cruising with spacious accommodations, making it an excellent choice for family outings, entertaining guests, or extended weekend adventures on the water. Whether you're passionate about thrilling rides or relaxed cruising, this boat caters to individuals looking for style, power, and versatility in one sleek package.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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 Power 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$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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 Power 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$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

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Meet the Broker

Address

1915 SW 21st Ave
Unit B305
Fort Lauderdale, FL 33312

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