2006 Formula 37 Performance Cruiser Boat in Annapolis, MD 21403 US

$119,000

Used
builtBuilt in 2006
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x Volvo)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
12ft
Max Bridge Clearance
15.58ft
Max Draft
2.83ft
Deadrise At Transom
18deg
Displacement
18200lb
Cabins
2
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
212gal
Holding Tanks
55gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo
Engine Model
8.1 Intercooled
Total Power
375hp
Engine Hours
452
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2006
Drive Type
stern
Engine 2
Engine Make
Volvo
Engine Model
8.1 Intercooled
Total Power
375hp
Engine Hours
580
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2006
Drive Type
stern
ITEMS REPLACED or REBUILT in PAST 5 YEARS
  • NEW 2026 Risers
  • NEW 2026 Manifolds
  • NEW 2026 Alternators (Both Engines)
  • NEW 2026 Pulleys (Both Engines)
  • NEW 2026 Belts (Both Engines)
  • NEW 2026 Spark Plugs (Both Engines)
  • NEW 2026 Spark Plug Wires (Both Engines)
  • NEW 2025 "Ocean-X Outdrives" (Port & Starboard)
  • NEW 2024 Starters (Port and Starboard Engines)
  • NEW 2024 Batteries (5)
  • NEW 2024 Canvas Cockpit Cover
  • NEW 2021 Cockpit Carpet Set (from Formula)
  • NEW 2021 Galley Refrigerator
  • NEW 2021 Cockpit Refrigerator
  • NEW 2020 Motors Pulled Out and DINO Checked 
  • NEW 2020 Injectors 
  • NEW 2020 Fuel Pumps 
  • NEW 2020 LED Engine Room Lights
  • NEW 2020 Air Conditioning Unit (Reverse Cycle) 
  • NEW 2020 TV NEW 2020 DVD Players (3) 
  • NEW 2020 Stereo System 
  • NEW 2020 Speakers (8) 
  • NEW 2020 Navigation System 
  • NEW 2020 Depth Finder 
  • NEW 2020 All Hatch Hinges 
  • NEW 2020 (new style) Foredeck Sun Pads with Backrest 
  • NEW 2019 Curtains (From Formula - Desert Sand) 
  • NEW 2019 Bed Linens and Comforter (From Formula - Desert Sand) 
  • NEW 2019 Throw Pillows (From Formula - Desert Sand) 
  • NEW 2018 Bow Thruster 
  • NEW 2018 Canvas and Isinglass 
HULL and DECK
  • NMMA Yacht/CE Certification
  • Ashland Maxguard™ LE gelcoat light grey
  • Pressure-treated Perma Panel™ structural hull matrix
  • Foam-filled hull cavities Chemically bonded & thru-bolted deck-to-hull join
  • Heavy duty rub rail ( PVC w/stainless insert)
  • Electric windlass w/chain counter, 200’ chain, polished stainless anchor, remote control & freshwater anchor washdown system
  • Concealed anchor davit w/fiberglass chain locker
  • Polished remote-control searchlight Stainless hardware & 316L welded rails
  • Stainless custom Formula logo
  • Deck cleats (8)
  • Overhead hatches (3) (Bomar), polished opening ports w/screens (6)
  • Nonskid foredeck center walkway and side decks
  • NEW 2020 (new style) Foredeck vinyl sunpads w/adjustable chaise backrests and stainless steel grabrails
  • Tinted, tempered curved-glass windshield w/center walk-thru, polished stainless frame & windshield wipers
  • Radar arch w/mast light & white air horn
  • Extended integrated swim platform w/concealed stainless swim ladder
  • Transom shower w/hot & cold controls
  • Molded transom trunk w/pneumatic lifts, fender storage, storage for cockpit tables & cushions 120V shorepower w/ galvanic isolator & two 30-amp cords Polished stainless shorepower, cable TV & phone inlets & chrome-finished city water inlet 

 

COCKPIT
  • One Piece Molded Cockpit
  • Centerline Foredeck Access Steps
  • Dash (Contrasting Grey with Burl Wood Panels
  • Full Engine Instruments (Levorsi, Domed Glass with Chrome Bezels)
  • Compass (Richie)
  • Helm Seat (Twin Seat with Dual Position Creates Standing Position
  • L-Shaped Seating (Port Side Apposing Helm Seat with Storage Beneath)
  • Large U-Shaped Lounge with Storage Beneath(Aft with Table and Filler Cushion to Create Lounge Area)
  • Molded Fiberglass Wet Bar with Corian Counter Top (Sink with Fold Down Faucet and Cover. Storage and Trash Receptacle With In.
  • NEW 2024 Cockpit Cover
  • NEW 2021 Stainless Steel Refrigerator
  • NEW 2021 Carpet Set (Factory Formula Carpet)
  • NEW 2018 Full Enclosure (Camper Back Style) 
SALON
  • Curved Settee (White Ultra-Leather)
  • Dinette Table (Cherry and Removeable)
  • Closed Storage Above Settee
  • Storage Beneath Settee
  • Flat Panel TV Stereo (Fusion)
  • Clock & Barometer (Chrome)
  • Opening Ports (2 Polished Stainless Steel)
  • Sole (Plush Carpet, Beige) 
GALLEY
  • Corian Counter Top (dark grey fleck with rounded edges)
  • Sink (large round stainless steel)
  • Stove (2 burner w/ corian cover) Microwave (built in stainless steel)
  • NEW 2021 Refrigerator (12v. / 120v.)
  • Storage (above and below counter)
  • Sole (Plush Carpet, Beige)
OWNERS STATEROOM
  • Cabinetry and Bulkheads ( Light Cherry, High Gloss Finish)
  • Double Door Access Queen Island Berth (Drawers Beneath)
  • Hanging Locker (Port and Starboard)
  • Mirrored Hanging Locker Doors (Port and Starboard)
  • Overhead Hatch (Opening) Ports (2, Opening, Polished Stainless Steel)
  • Flat Screen TV
  • Overhead LED Lighting Sole
  • (Plush Carpet, Beige)
AFT CABIN
  • Large U-Shaped Sofa White Ultra-Leather (Converts to Double Berth)
  • End Table with Corian Top and Draw
  • Larger Hanging Locker
ELECTRICAL

120 Volt

  • 30 Amp Shore Connection (2)
  • Dockside TV Connection
  • 30 Amp 50 Foot Power Cords
  • 50 Amp Splitter
  • Breaker Panel
  • Stove Top (2 Burner, Glass Top with Cover)
  • Water Heater
  • Battery Charger
  • Generator (Kohler 7.5 Kw w/ Dedicated Battery)

12 Volt

  • Main Battery Disconnect Switches
  • Breaker Panel
  • Batteries (5)
  • Bow Thruster
  • LED Lights Through Out Cabin and Cockpit
  • Running Lights (LED)
  • NEW 2021 Refrigerator (Galley)
  • NEW 2021 Refrigerator (Cockpit)
  • Spot Light (Remote Bow)
  • Windshield Wipers (2)
  • TV Antenna
  • TV (3 Flat Panel -- Cockpit, Salon and Forward Cabin)
  • Fuel Engine Gauge Set
  • Bilge Pumps
  • Fresh Water Pump
  • Head (Vac-U-Flush) 
MECHANICAL and PLUMBING
  • Reverse Cycle Heat Pumps (2)
  • Head (Vac-U-Flush
  • Shower in Head
  • Cockpit Shower
  • Dockside / Tank Fill Water System
  • Galley Sink (Stainless Steel)
  • Cockpit Sink (Fiberglass w/ Fold Down Fawcett and Cover) 
ENGINES

PORT

Volvo 8.1 Intercooled

  • NEW 2026 Risers
  • NEW 2026 Manifolds
  • NEW 2026 Alternators
  • NEW 2026 Pulleys
  • NEW 2026 Belts
  • NEW 2026 Spark Plugs
  • NEW 2026 Spark Plug Wires

 

STARBOARD

  • Volvo 8.1 Intercooled
    • NEW 2026 Risers
    • NEW 2026 Manifolds
    • NEW 2026 Alternators
    • NEW 2026 Pulleys
    • NEW 2026 Belts
    • NEW 2026 Spark Plugs
    • NEW 2026 Spark Plug Wires
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
6/1/26Price decreased$119,000(-7.8%)
5/7/26Initial price$129,000

Contact S&J Yachts

CHESAPEAKE BAY, Annapolis MD - Rock Hall MD - Deltaville VA, Annapolis MD - Rock Hall MD - Deltaville VA, MD, 21403

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 2006 Formula 37 Performance Cruiser

Customers rave about the 2006 Formula 37 Performance Cruiser for its impressive blend of performance, comfort, and style

Many appreciate its sleek, sport-inspired design that not only captures attention on the water but also delivers an exhilarating ride. Boaters frequently highlight the powerful engines and agile handling, making it a joy to drive in various conditions. Inside, the Formula 37 boasts a spacious and well-appointed cabin, offering luxurious amenities that enhance the overall boating experience. Customers love the thoughtful layout, which includes a fully equipped galley, an inviting salon, and ample seating—perfect for entertaining guests or enjoying time with family. The boat's high-quality finishes and attention to detail further elevate its appeal. Safety and stability are also frequently noted, with users expressing confidence in the vessel's construction and handling. Overall, the 2006 Formula 37 Performance Cruiser consistently receives high marks for its ability to combine performance with luxury, making it a favored choice among boating enthusiasts looking for an exceptional cruising experience.

The Biggest Pros and Cons

2006 Formula 37 Performance Cruiser Overview: The 2006 Formula 37 Performance Cruiser is an embodiment of luxury, performance, and comfort on the water. This vessel is designed for those who seek an exhilarating cruising experience without compromising on comfort or style. Here’s a breakdown of the pros and cons to help you understand what this remarkable yacht has to offer.

Pros

Performance: The Formula 37 boasts powerful twin engine options that ensure swift acceleration and impressive top speeds, making it perfect for thrill-seekers.

Stylish Design: With sleek lines and an appealing profile, the Formula 37 stands out in any marina. The attention to detail and high-quality finishes throughout the vessel add to its aesthetic appeal.

Spacious Interior: The interior layout offers ample space for relaxation and entertainment. With a comfortable salon, well-equipped galley, and roomy sleeping quarters, this cruiser is perfect for extended outings.

Luxury Features: The 2006 model comes with a host of luxury amenities, including high-end upholstery, premium sound systems, and modern appliances, ensuring a first-class experience while on the water.

Versatile Cockpit: The cockpit area is designed for both relaxation and socializing, featuring seating, a wet bar, and optional sun pads, allowing for enjoyable days spent outdoors.

Stability and Handling: With its deep-V hull design, the Formula 37 handles offshore conditions with ease, providing a smooth and stable ride in various weather conditions.

Cons

Maintenance Costs: Like many performance boats, the Formula 37 may require higher maintenance and upkeep costs due to its sophisticated systems and components.

Fuel Consumption: Powerful engines often lead to increased fuel consumption, which can become a factor for long-distance cruising or for those who frequent busy waterways.

Storage Space: While the interior is spacious, some may find the storage options limited, especially for longer trips where more gear is required.

Draft Considerations: The depth of the hull could restrict access to shallower waters or marinas, making it essential to plan trips accordingly.

Seating Capacity: While designed for entertainment, the seating capacity may not accommodate larger groups comfortably, limiting social opportunities for larger gatherings.

Made For

The 2006 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury, performance, and practicality. Ideal for those who enjoy spending time on the water, it caters to both casual cruisers and performance seekers who desire an exhilarating ride. With its sleek lines and powerful engines, this boat offers an exciting driving experience while providing comfort and space for family and friends. Perfect for weekend getaways or longer journeys, the Formula 37 features spacious accommodations, a well-appointed galley, and ample deck space for entertaining. It appeals to individuals and families looking to create lasting memories on the water, whether that’s hosting social gatherings or simply enjoying a day of leisure. In essence, the 2006 Formula 37 Performance Cruiser is for anyone passionate about boating, seeking both adventure and relaxation in a stunning and reliable vessel.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2006 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 Express 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$ 101,150
Total Payment$180,852.44
Monthly payment
$753.55/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2006 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 Express 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$ 101,150
Total Payment$180,852.44
Monthly payment
$753.55/mo

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Meet the Broker

Address

CHESAPEAKE BAY
Annapolis MD - Rock Hall MD - Deltaville VA
Annapolis MD - Rock Hall MD - Deltaville VA, MD 21403

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