2005 Formula 37 Performance Cruiser
$80,000
Boat in Bradenton Beach, FL 34217 US
Built in 2005
37 Performance Cruiser
2 Engines (2x Volvo)
37 feet
Gas
Fiberglass/Reinforced
** Formula Performance Cruiser with recent mechanical upgrades - priced to move!! **
♦ Twin Volvo Penta 8.1 GI‑EF ♦
♦ 516 HRS ♦
- Recent Upgrades & Service -
• Replaced port & starboard shift cables
• Full engine oil & filter service (both motors, Volvo Penta full synthetic)
• Installed high‑capacity spin‑on fuel filters (both engines)
• Replaced all spark plugs and plug wires
• Generator service: oil & filter (OEM 300‑hour
• Flushed both engine heat exchangers with descaler
• Diagnosed and addressed minor power steering leak
• Removed steering actuator and professionally rebuilt with a 2‑year warranty
• Replaced high‑pressure fuel pump on port engine (OEM)
• Replaced port exhaust riser sleeve and exhaust temperature senso
• Upgraded cockpit cover slides and resealed with 3M 4000 UV marine sealant
• Replaced two 6x9 cockpit speakers
• Installed two new Interstate 31MXHD batteries
This 2005 Formula 37 Performance Cruiser delivers the ride quality, craftsmanship, and offshore confidence Formula is known for, paired with a long list of fresh mechanical updates completed within the last few months. If you've been searching for a clean, mechanically sound express cruiser that hasn't been neglected, this one stands out immediately.
The 37 PC is one of Formula's most successful designs - a deep‑V hull that handles with ease, a wide 12' beam for stability, and a luxury cabin finished in high‑gloss cherry with 6'7" of headroom. The cockpit is built for entertaining with wraparound seating, a wet bar, and a large swim platform, while the cabin comfortably sleeps four with a forward island berth and convertible mid‑cabin lounge.
What truly sets this boat apart is the extensive recent service performed by the current owner. Major systems have been addressed: shift cables, ignition components, fuel system upgrades, generator service, heat exchanger flushes, steering actuator rebuild (with warranty), new batteries, new cockpit speakers, and more. This is the kind of proactive maintenance buyers hope for but rarely find - especially at this price point.
Whether you're cruising the ICW, running to the islands, lakes or spending weekends aboard, this Formula offers the perfect blend of performance, comfort, and reliability. Located in Holmes Beach and priced aggressively at $80,000, she represents one of the strongest values on the market for a 37 PC.
Twin Volvo Penta 8.1 GI‑EF 750 HP
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 |
|---|---|---|
| 5/29/26 | Initial price | $80,000 |
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.
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Boats For Sale in Florida, United States Similar to the 2005 Formula 37 Performance Cruiser
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 2005 Formula 37 Performance Cruiser | |||||
|---|---|---|---|---|---|
| $80,000 | $85,999 | $69,900 | $65,000 | $99,000 | $112,500 |
| Bradenton Beach | Cape Coral | Fort Lauderdale | Dania | Dania | Pompano Beach |
| 37' | 37' | 38' | 41' | 41' | 41' |
| 3' | - | - | - | - | - |
| Volvo | - | Mercury | Volvo Penta | Volvo | Volvo |
| 375 hp | - | 375 hp | 450 hp | - | - |
| 2 | 243 | 46 | 33 | 92 | 63 |
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Contact Florida Yacht Sales about 2005 Formula 37 Performance Cruiser
1200 Blue Heron Blvd East, Riviera Beach, FL, 33404
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