2004 Formula 37 Performance Cruiser Boat in Grasonville, MD 21638 US
Built in 2004
37 Performance Cruiser
2 Engines (2x Mercury)
37 feet
Gas
Fiberglass/Reinforced
2004 Formula 37 Performance Cruiser
Extensive Upgrades • Meticulously Maintained • Turn-Key
This 2004 Formula 37 Performance Cruiser is an exceptional example of a well-maintained and extensively upgraded express cruiser. With just under 600 hours, this Formula has received substantial investment in mechanical systems, navigation electronics, comfort, and cosmetics.
The current owners have continually improved and maintained the vessel, with many of the most important systems receiving significant upgrades within the past several years. The result is a Formula 34 that combines the quality and performance of the Formula brand with many modern upgrades expected by today's cruising buyer.
2026 UPGRADES
- New Hardin Gen 7 stainless-steel raw-water pumps
- New Airlock Air Filtration System
2025 UPGRADES
- New SDI outdrive transom assemblies
- All water pump hoses replaced
2024 UPGRADES
- Bottom hull soda blasted
- Epoxy barrier coat applied to hull
2023 UPGRADES
- New ProSafe FS60 galvanic isolator
- 16,000 BTU MarinAire cockpit air-conditioning unit installed
- Acuva ArrowMax 2.0 UV-LED water purification system installed
- Glass induction touch-control cooktop installed, replacing the original electric cooktop
- NuCore Performance LVP luxury vinyl plank flooring installed, replacing the original carpet
- Garmin Fantom 24" Pulse Compression Dome Radar installed
- New Lewmar V2 windlass
- PlasDECK teak-style decking installed on swim platform
MODERNIZED NAVIGATION & ELECTRONICS
- Upgraded from the original Mercury SmartCraft system to a Mercury VesselView 903 9" display
- Two Garmin GPS/chartplotter displays - 10" and 7"
- Garmin and VesselView systems integrated through an NMEA 2000 network
- Updated Fusion stereo system with cockpit controls
- New speakers, amplifiers and subwoofers
- Underwater lights
- Color-changing LED lighting beneath the cockpit seating
2020 UPGRADES
- All-new Taylor Made canvas, Formula factory replacement, including an additional back piece
New Formula factory cockpit cover
- New Formula upholstery on cockpit seat cushions
- New 11-gallon hot water heater
- New Matworks 501 Duraweave cockpit floor covers
2018 UPGRADES
- New Mercury Bravo 3X outdrives
2017 UPGRADES
- New Lewmar 140TT bow thruster
A Formula 37 That Has Been Continuously Improved
The extensive upgrade history is one of the standout features of this vessel. From new outdrives and transom assemblies to modern Garmin electronics, radar, air conditioning, upgraded flooring, canvas, windlass, bow thruster, water purification, and extensive mechanical maintenance, this Formula has received the type of ongoing care and investment that sets it apart from other 2004 models.
With just under 600 hours, excellent condition, and a long list of documented upgrades, this is a turn-key Formula 37 Performance Cruiser ready for cruising.
Service and repair records are available upon request.
Located in Kent Narrows, Maryland.
Diesel also available.
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 |
|---|---|---|
| 9/3/26 | Initial price | $109,900 |
2004 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 2004 Formula 37 Performance Cruiser
The 2004 Formula 37 Performance Cruiser has garnered praise from customers for its impressive blend of speed, luxury, and comfort on the water
Many users highlight the powerful performance provided by its twin engine setup, making it a thrilling ride for those who enjoy cruising at higher speeds. The vessel’s superior handling and stability are often noted, allowing for an exhilarating yet smooth experience, even in choppy waters. Customers also appreciate the well-designed interior layout that maximizes space and comfort. The cabin features elegant finishes and ample seating, creating a welcoming atmosphere for entertaining guests or enjoying a relaxing retreat. The fully-equipped galley and well-appointed sleeping quarters further enhance the onboard experience, making it ideal for weekend getaways. In terms of amenities, boaters enjoy the convenience of multiple outdoor spaces, including the spacious cockpit and sun pad, perfect for soaking up the sun or socializing. The inclusion of modern technological features, such as a premium sound system and navigation equipment, has also been highlighted as a valuable addition. Overall, the 2004 Formula 37 Performance Cruiser is highly regarded by its owners for its stylish design, strong performance, and thoughtful amenities, making it a standout choice in the performance cruiser market.
The Biggest Pros and Cons
2004 Formula 37 Performance Cruiser: Pros and Cons
Pros
Performance-Oriented Design: The Formula 37 is renowned for its sleek, aerodynamic lines and powerful twin engines, delivering impressive speed and agility on the water.
Luxurious Interior: This cruiser boasts a well-appointed cabin with high-quality materials, comfortable seating, and ample storage, making it perfect for extended trips or weekend getaways.
Versatile Layout: The layout includes a spacious salon, a fully-equipped galley, and multiple sleeping accommodations, providing flexibility for entertaining guests or family.
Superior Handling: With a deep-V hull design, the Formula 37 offers excellent stability and handling, even in choppy waters, ensuring a smooth ride.
Thoughtful Amenities: Equipped with features like a wet bar, grill, and ample cockpit seating, this cruiser is designed for entertaining and enjoying the outdoors.
Strong Reputation: Formula has a well-earned reputation for quality and performance, which can translate into better resale values and community support among owners.
Cons
Fuel Consumption: While the performance is impressive, the twin engines can lead to elevated fuel consumption, particularly during high-speed cruising.
Maintenance Costs: Due to its performance features and age, it may require more frequent maintenance and potential repairs, which can be costly compared to simpler models.
Size Limitations: The 37-foot length may limit access to certain marinas or docks that accommodate smaller vessels, restricting some travel options.
Limited Storage: While the interior offers some storage, larger gear might necessitate creative solutions, particularly for long trips.
Older Electronics: Depending on the specific unit, some 2004 models may still have aging electronics that could need upgrades for modern functionality and navigation.
Made For
The 2004 Formula 37 Performance Cruiser is designed for boating enthusiasts who appreciate a perfect blend of performance and comfort on the water. This model caters to families and groups looking for a day on the waves or an extended weekend getaway, offering ample space and amenities for relaxation and entertainment. Ideal for those who enjoy high-speed cruising, the Formula 37 is powered by twin engines that deliver remarkable performance without compromising on stability or luxury. It appeals to seasoned boaters who value quality craftsmanship, as well as newcomers eager to explore the thrill of performance cruising. With a spacious cockpit and a thoughtfully designed interior, this cruiser accommodates social gatherings and family fun, making it a perfect choice for anyone seeking adventure and leisure alike. If you’re in the market for a vessel that exemplifies modern design, technology, and performance, the 2004 Formula 37 Performance Cruiser is an excellent option to consider.
Finance your dream boat!
Finance your dream boat!
Be the first to know when similar boats hit the market
Get notified when new boats become available
Boats For Sale in Maryland, United States Similar to the 2004 Formula 37 Performance Cruiser
Compare with similar boats and find the perfect one for you.
 2004 Formula 37 Performance Cruiser | ||||||
|---|---|---|---|---|---|---|
| Price | $109,900 | $99,900 | $99,500 | $122,900 | $122,900 | $94,500 |
| Location | Grasonville | Severna Park | Chesapeake City | Annapolis | Edgewater | Chesapeake City |
| Nominal Length | 37' | 38' | 34' | 35' | 35' | 34' |
| Draft | 3' | - | - | - | - | - |
| Engine Make | Mercury | Volvo Penta | Volvo Penta | MerCruiser | MerCruiser | Mercruiser |
| Total Engine Power | - | 375 hp | 370 hp | - | - | 370 hp |
| Days on Market | 2 | 78 | 560 | 4 | 52 | 105 |
| Get in touch |
Other Formula 37 Performance Cruiser boats for sale in Maryland, United States
Other Formula boats for sale in Maryland, United States
Meet the Broker
Address
Boat Location
Contact Knot 10 Yacht Sales about 2004 Formula 37 Performance Cruiser
Leave 10% Brokerage Fee's In Your Wake....
Login with Google