2005 Formula 37 Performance Cruiser Boat in Aventura US

$109,890

$109,900

Used
builtBuilt in 2005
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

38.4 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
38.42ft
Length Overall
38.42ft
Beam
12ft
Max Bridge Clearance
11.58ft
Max Draft
2.5ft
Deadrise At Transom
18deg
Dry Weight
16500lb
Heads
1
Fresh Water Tanks
55gal
Fuel Tanks
236gal
Holding Tanks
57gal
Hull Material
fiberglass
Engine 1
Engine Make
MerCruiser
Engine Model
8.1S HO
Total Power
420hp
Engine Hours
1123
Engine Type
inboard
Fuel Type
gasoline
Drive Type
inboard
Engine 2
Engine Make
MerCruiser
Engine Model
8.1S HO
Total Power
420hp
Engine Hours
1123
Engine Type
inboard
Fuel Type
gasoline
Drive Type
inboard
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
10/30/26Price decreased$109,890(-0.0%)
10/9/26Initial price$109,900

Contact My Yacht Sales

3001 W State Rd 84, Fort Lauderdale, FL, 33312

Formula 37 Performance Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

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.

Rating: 4.5 out of 5

Overview from around the web 2005 Formula 37 Performance Cruiser

Customers praise the 2005 Formula 37 Performance Cruiser for its exceptional blend of performance, comfort, and style

With its sleek design and powerful engine options, many enthusiasts highlight the thrilling ride and impressive handling, making it ideal for both leisurely cruising and spirited adventures on the water. Owners often commend the spacious and well-appointed interior, which includes ample seating, a fully-equipped galley, and comfortable sleeping quarters, perfect for weekend getaways or entertaining guests. The attention to detail in the craftsmanship and high-quality materials used throughout the boat are frequently mentioned, ensuring a luxurious feel. Additionally, customers appreciate the thoughtful layout and versatility of the cockpit, which offers excellent visibility and easy access to the water. The Formula 37's reputation for durability and reliability is also a common theme, with many boaters expressing confidence in its performance over the years. Overall, the 2005 Formula 37 Performance Cruiser stands out as a favorite among boating enthusiasts who seek a perfect combination of luxury, performance, and enjoyment on the water.

The Biggest Pros and Cons

2005 Formula 37 Performance Cruiser: Pros and Cons

Pros

Performance and Power: The Formula 37 is well-known for its outstanding performance on the water. Equipped with powerful engine options, it offers impressive speed and maneuverability, making it a favorite among performance enthusiasts.

Luxurious Interior: The interior of the Formula 37 boasts high-quality finishes and elegant designs. With comfortable accommodations and upscale amenities, it provides a perfect blend of luxury and practicality for weekend getaways.

Spacious Layout: The design offers ample space both above and below deck, making it comfortable for entertaining guests or relaxing with family. The open cockpit layout allows for easy movement and great social interaction.

Versatile Cockpit: The expansive cockpit is designed for both relaxation and entertainment, featuring a wet bar, seating, and sunpads. It’s ideal for enjoying a day on the water or hosting gatherings.

Quality Construction: Formula is known for its durable build quality, and the 37 is no exception. The boat is constructed with attention to detail, ensuring longevity and reliability.

Excellent Storage: The boat offers plenty of storage options, making it easy to stow gear and personal belongings, which is essential for longer trips.

Cons

Fuel Consumption: Given its powerful engines and performance capabilities, the Formula 37 may have higher fuel consumption compared to more fuel-efficient cruisers. This can be a consideration for those who plan to use it extensively.

Cost of Ownership: As with luxury boats, the costs associated with maintenance, insurance, and storage can be higher than average. This should be factored into the overall budget when considering purchase.

Space Limitations for Larger Groups: Although spacious, the layout may feel tight for larger groups or families, particularly when accommodating overnight stays.

Limited Freshwater Storage: The freshwater tank capacity might be on the lower side, which could require more frequent refills for extended trips.

Older Technology: Being a 2005 model, some of the onboard technology and electronics may feel dated compared to newer models, which often feature advanced navigation and entertainment systems.

Made For

The 2005 Formula 37 Performance Cruiser is designed for those who appreciate luxury, performance, and versatility on the water. This vessel caters to experienced boaters seeking a blend of recreational cruising and exhilarating performance. Its sleek lines and powerful twin-engine setup make it a thrilling choice for weekend getaways or extended trips on the water. The spacious cockpit and well-appointed interior appeal to families and friends looking to entertain or relax. With ample seating, a fully-equipped galley, and comfortable sleeping accommodations, it’s perfect for hosting gatherings or enjoying peaceful evenings at anchor. Additionally, the Formula 37 is well-suited for individuals who value quality craftsmanship and attention to detail in boating experiences. Its robust construction and high-end finishes ensure that every outing is not just a ride, but a luxurious experience. In summary, the 2005 Formula 37 Performance Cruiser is ideal for those who desire top-tier performance and an upscale cruising lifestyle, making it a perfect choice for adventurous boaters and leisure enthusiasts alike.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 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 Motor Yacht 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$93,406
Total Payment$167,006.46
Monthly payment
$695.86/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 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 Motor Yacht 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$93,406
Total Payment$167,006.46
Monthly payment
$695.86/mo

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The Image of Formula 37 Performance Cruiser 2005 - 02005 Formula 37 Performance Cruiser
Price$109,890$109,890$109,900$110,000$100,000$85,000
LocationAventuraMiamiStaten IslandGeorgetownShelter IslandBradenton Beach
Nominal Length38'37'37'37'37'37'
Draft3'-----
Engine MakeMerCruiserMerCruiserMercuryMerCruiserMercruiserVolvo
Total Engine Power420 hp420 hp425 hp420 hp375 hp375 hp
Days on Market0223356121155
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Address

3001 W State Rd 84
Fort Lauderdale, FL 33312

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