2006 Formula 37 Performance Cruiser Boat in Newburyport, MA 01950 US
Built in 2006
37 Performance Cruiser
2 Engines (2x MerCruiser)
37 feet
Gas
Fiberglass/Reinforced
2006 Formula 37PC: The Ultimate Turn-Key Luxury Express Cruiser
Over $100,000 in Professional Upgrades - Ready for the Water Today!
Are you ready to elevate your time on the water? This meticulously maintained 2006 Formula 37PC represents the absolute pinnacle of express cruiser luxury and performance. If you've been searching for a vessel that combines Formula's legendary, proven hull design with modern technology and reliable power, your search ends here.
With systematic, no-expense-spared upgrades completed annually from 2019 to 2025, this boat offers the peace of mind of a new vessel at a fraction of the cost. The owner's commitment to maintaining this vessel in peak condition is evident in every detail. All work has been performed by certified marine technicians.
Don't miss this exceptional opportunity to own a thoroughly modern express cruiser. Call today to schedule your private showing before this pristine vessel is gone!
Why This Formula 37PC Stands Out:
• Fresh, Reliable Power: Enjoy seasons of worry-free cruising! The starboard engine was replaced in 2025 with a low-hour preowned 496 MAG 8.1 (300 hrs), paired with a brand-new Bravo 3X outdrive. The port engine received a comprehensive long block rebuild in 2022.
• Concert-Quality Audio: Be the life of the sandbar with a complete, top-of-the-line Fusion and JL Audio marine system. Featuring multiple amplifiers (M400/4, M600/1, M500/3, M200/2), premium JL Audio M6 Series speakers throughout the cockpit, cabin, and helm, plus dual JL Audio M6-10IB5 subwoofers and a cabin sub, all optimized by a TWK88 audio processor. Controlled by a Fusion Apollo RA770 stereo system with multiple remotes.
• Advanced Navigation & Control: Navigate with absolute confidence using the Raymarine Axiom Pro 12 RVX and Axiom 7 RVX displays, Raymarine Quantum 2 Doppler radar with custom mount, and a Yacht Devices AIS receiver. The helm is professionally integrated with custom panels, a new steering system with upgraded helm and cables, and a DTS Throttle System with Smartcraft VesselView 7. Stay connected with a Wave Rogue Pro marine internet system.
• Unmatched Comfort & Convenience: Step aboard to find fresh master stateroom upholstery and bedding (2024), new Matworks cockpit flooring (2023), and a complete new canvas package (2022). The vessel also features a professional hull repaint to factory finish (2022), a bow thruster for effortless docking, cabin AC, central VAC, cabin and cockpit fridges, windlass, fresh water washdown, and four Smart TVs in the aft cabin and cockpit with streaming capability. A Bimini camper top provides weather protection, and like-new cockpit covers are included (full factory cover and custom-made light-weight cover).
• Upgraded Systems: Every major system has been touched. Enjoy new water systems (pump, heater, filtration), an upgraded head with new flooring and ventilation, Promariner dual battery chargers (1260p and 1240p), Smartplug shore power inlets, and stunning Lumitec Seablaze X2 Blue/White LED underwater lighting with Lumitec POCO lighting controller. Safety is covered with dual CO sensors, a smoke detector, updated USCG compliance plate, and modern safety equipment throughout. Fresh engine sea strainers, fittings, and updated drive showers ensure mechanical reliability.
Specifications at a Glance:
• Year: 2006
• Model: Formula 37PC
• Length: 38' 4"
• Beam: 12'
• Engines: Twin 496 MAG (Starboard: Pre-owned w/ 300 hrs installed 2025; Port: New long-block rebuild 2022)
• Drives: Bravo 3X (Starboard: Brand new 2025; Port: Replaced 2014 by previous owner)
This is not just a boat; it's a lifestyle upgrade. Vessels maintained to this exacting standard rarely hit the market and sell quickly when they do.
Act fast-contact us immediately to make this stunning Formula 37PC yours!
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 |
|---|---|---|
| 4/22/26 | Initial price | $159,000 |
2006 Formula 37 Performance Cruiser Video Tours
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 praise the 2006 Formula 37 Performance Cruiser for its sleek design and powerful performance on the water
Many highlight the boat’s smooth handling and impressive speed, making it ideal for both leisurely cruising and watersports. The spacious and well-appointed cockpit, along with comfortable seating, receives positive remarks for enhancing the overall boating experience. Owners also appreciate the quality craftsmanship and durable materials used throughout the vessel. Additionally, the cabin layout is often noted for its practical use of space, offering ample room for overnight stays. Overall, feedback emphasizes the Formula 37’s combination of style, comfort, and performance as key strengths.
The Biggest Pros and Cons
The 2006 Formula 37 Performance Cruiser offers a compelling blend of speed, style, and comfort, making it a popular choice among boating enthusiasts. Here are some of the pros and cons to consider:
Pros
Powerful Performance: Equipped with robust engines, the Formula 37 delivers impressive speed and handling, ideal for thrilling cruising and watersports.
Sleek Design: The sporty and aerodynamic profile not only looks great but also contributes to efficient performance on the water.
Spacious Interior: The cabin layout is well-designed, offering comfortable sleeping accommodations, a functional galley, and a roomy head, making it suitable for weekend getaways.
Quality Construction: Known for solid build quality and attention to detail, the Formula 37 holds up well over time.
Versatile Layout: Features such as a convertible cockpit seating area and ample storage make this boat adaptable to various activities.
Cons
Fuel Consumption: The powerful engines, while delivering great performance, can lead to higher fuel usage compared to smaller cruisers.
Maintenance Costs: As with many performance cruisers, upkeep and maintenance can be more expensive due to specialized components.
Limited Headroom: While the interior is comfortable, taller individuals might find the cabin headroom somewhat restrictive.
Cockpit Space: The sporty design slightly limits cockpit space compared to larger cruisers, which might affect entertaining capacity.
Made For
The 2006 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury, performance, and comfort. It is ideal for those who enjoy fast, smooth rides on the water without compromising on spacious accommodations and stylish design. Whether you're planning day cruises, entertaining guests, or spending extended time on the water, this boat caters to individuals and families looking for a high-performance cruiser that delivers both excitement and relaxation.
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Meet the Broker
Address
Boat Location
Contact IKONIC YACHTS about 2006 Formula 37 Performance Cruiser
1111 Lincoln Road, Suite 760, Miami Beach, FL, 33139
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