2006 Formula 37 Performance Cruiser
$159,000
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 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.
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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Contact IKONIC YACHTS about 2006 Formula 37 Performance Cruiser
1111 Lincoln Road, Suite 760, Miami Beach, FL, 33139
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