2004 Formula 37 Performance Cruiser
$69,900
$74,900
Boat in Fort Lauderdale, FL 33308 US
Built in 2004
37 Performance Cruiser
2 Engines (2x Mercury)
38 feet
Gas
Fiberglass/Reinforced
This Formula 37 PC is an exceptional opportunity for a boater who prioritizes mechanical integrity and updated systems. While she is a 22-year-old vessel, the current owner has focused on the "heavy lifting," replacing the most expensive systems and completing a major drive service to ensure she is turnkey for her next owner.
Major Mechanical & Drive Updates
Outdrive Overhaul: The drive systems have just received significant investment. The port side drive has been fully rebuilt and includes a 90-day warranty for added peace of mind.
Starboard Drive Service: The starboard drive was pulled and serviced with new bearings and seals.
Drive Finishing: Both drives feature new outdrive paint and fresh zincs, making them service-ready for the season.
Big Block Performance: Powered by Twin Mercury MerCruiser 496 Mag (375 HP each). Both engines have approximately 1,127 original hours; however, the starboard ECU was replaced by the previous owner and currently reflects 303 hours.
Recent Maintenance: Both engine water pumps have been rebuilt, and all spark plugs have been replaced to ensure peak performance.
Tech & Systems Highlights
Smart Monitoring: Equipped with Mercruiser VesselView Mobile, allowing you to track all engine telemetry and health directly on your smartphone or tablet.
Air Conditioning: A new AC system has been installed, keeping the spacious cabin ice-cold even in the peak of the Florida heat.
Windlass: Recently replaced for effortless anchoring.
Electrical Refresh: Updated with new Carling switches at the helm and a full replacement of DC fuses for improved reliability.
Cabin Comforts & Interior Upgrades
The interior retains the classic Formula luxury feel with several modern enhancements:
Upgraded Tech: The cabin features an upgraded flat-screen TV and a new high-efficiency refrigerator.
Spacious Layout: Comfortable accommodations for 4-6 guests with signature Formula high-gloss cabinetry.
Full Head: Large head compartment with a semi-separate shower area.
Broker's Note
This is a transparent, "honest" 37 PC that offers a massive amount of boat and big-block power for the money. By tackling the most expensive "heavy lifting"-including the rebuilt port drive with warranty, the AC, windlass, and water pumps-we have given this boat a reliable backbone.
While she displays some typical cosmetic character expected for her age, the mechanical peace of mind provided by the recent drive work makes this a fantastic value for a buyer who wants a high-end Formula hull with all major systems already modernized.
Location: Fort Lauderdale, FL
Contact Andrew Rapoport at Marine Pointe today for more details or to schedule a private showing.
Price History
| Date | Event | Price |
|---|---|---|
| 5/18/26 | Price decreased | $69,900(-6.7%) |
| 4/17/26 | Initial price | $74,900 |
Videos from Marine Pointe on this 2004 Formula 37 Performance Cruiser
2004 Formula 37 Performance Cruiser Video Tours
Boattest.com Review
Overview
The Formula 37 PC is a premium cruiser designed for both performance and comfort. Equipped with the advanced AXIOS joystick system, this vessel offers precise maneuverability, especially in tight marina environments. The boat features a thoughtfully designed helm and cockpit area, combining functionality with refined aesthetics.
Exterior Design and Cockpit
Significant enhancements were made to the stern platform and cockpit for the 2017 model year. The swim platform has nearly doubled in size, providing ample space for water sports, tender launching, and sunbathing. It features a synthetic teak-like surface that remains cool to the touch and a robust steel rail that serves as both a handhold and a fender. The platform is a separate structure seamlessly integrated into the hull. Along the transom, amenities include shore power connections, courtesy and LED stern lights, speakers, and concealed storage beneath a new sun pad for fenders and dock lines. Additional conveniences include a hot and cold shower and engine flushing hose connections. The cockpit seating is versatile, with lounge seat backs that swing fore and aft to create either chaise lounges or cozy seating around a pedestal table. A port-side wet bar is discreetly housed under a gray molding and includes a sink, refrigerator, battery switch, trash container, and hardware for mounting a flat-screen TV with power and cable connections, as well as USB ports. An optional air conditioning unit is installed beneath a port bench seat. The helm and cockpit dash continue the gray surface theme, reducing glare and enhancing the overall sophisticated appearance.
Helm Layout and Controls
The helm features a faux burl wood upper panel with a SmartKraft vessel view and fuel gauges. A centrally located 12-inch Raymarine E120 display provides navigation and system information, complemented by an optional autopilot, trim gauges, and a chain counter for the windlass. The starboard side houses the power quadrant with digital throttle and shift controls. Controls for trim tabs, the AXIOS joystick, remote spotlight, and the AXIOS control panel with skyhook functionality are conveniently positioned within fingertip reach. The steering wheel is a leather-wrapped, wood-trimmed, three-spoke design mounted on a tilt base, offering both comfort and precise handling.
Power and Performance
The Formula 37 PC measures 38 feet 5 inches overall, with a 12-foot beam and a draft of 34 inches. The test vessel weighed 18,340 pounds, including fuel and two passengers. Powered by twin 430 horsepower 8.2L Magnum HO engines, the boat achieved a top speed of 46.7 miles per hour at 4,800 RPM, consuming 67.5 gallons of fuel per hour and providing a range of 147 miles. The most efficient cruise speed was 32.2 miles per hour at 3,500 RPM, with a fuel burn of 33.25 gallons per hour, enabling a range of 206 miles over six hours and 24 minutes while maintaining a 10% fuel reserve. Acceleration was brisk, with a time to plane of 4.8 seconds, reaching 20 mph in 6.6 seconds, 30 mph in 11.6 seconds, and 40 mph in 18.8 seconds. The bow rises approximately 12 degrees during acceleration due to its forward position, temporarily obscuring the horizon until the boat planes. Once on plane, a slight trim adjustment reduces the bow angle to about 6 to 7 degrees for comfortable cruising. Steering is responsive with two and a half turns lock to lock, providing precise control without abrupt handling. At idle speeds, visibility through the windshield is somewhat limited unless seated, but the generous headroom makes standing at the helm ideal during cruising.
Conclusion
The Formula 37 PC combines advanced maneuvering technology, thoughtful design enhancements, and strong performance characteristics to deliver a capable and comfortable cruiser. Its expanded swim platform, versatile cockpit seating, and refined helm layout enhance usability and enjoyment on the water. Powered by robust engines, it offers both speed and efficiency, making it suitable for a variety of boating activities. Overall, the 37 PC represents a well-executed balance of luxury 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.
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 2004 Formula 37 Performance Cruiser | |||||
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| $69,900 | $65,000 | $74,900 | $84,900 | $85,999 | $112,500 |
| Fort Lauderdale | Dania | Daytona Beach | Bradenton Beach | Cape Coral | Pompano Beach |
| 38' | 41' | 34' | 37' | 37' | 41' |
| 3' | - | - | - | - | - |
| Mercury | Volvo Penta | Mercruiser | Volvo Penta | - | Volvo |
| 375 hp | 450 hp | - | 375 hp | - | - |
| 35 | 22 | 265 | 264 | 232 | 52 |
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Meet the Broker
Address
Boat Location
Contact Marine Pointe about 2004 Formula 37 Performance Cruiser
1915 SW 21st Ave, Unit B305, Fort Lauderdale, FL, 33312
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