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2016 Formula 37 Performance Cruiser Sold Boat in Edgewater, MD 21037 US

$349,900

Used
We will let you know when another 2016 Formula 37 Performance Cruiser is available in Edgewater, MD
builtBuilt in 2016
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

37 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 37 Performance Cruiser 2016 - 02016 Formula 37 Performance Cruiser
Price$349,900$334,990$329,000$299,900$299,900
LocationEdgewaterAnnapolisAnnapolisShady SideShady Side
Nominal Length37'52'37'34'34'
Engine MakeMercruiserMAN DIESELVolvoYamahaVolvo
Total Engine Power370 hp768 hp270 hp300 hp440 hp
Days on Market43627458944104
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Nominal Length
37ft
Length Overall
38.42ft
Beam
12ft
Drive Up Draft
2.83ft
Deadrise At Transom
18deg
Displacement
18900lb
Cabins
3
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
Mercruiser
Engine Model
4.2L V8 DSL 370 HP D
Total Power
370hp
Engine Hours
395
Engine Type
inboard-outboard
Fuel Type
diesel
Engine Year
2016
Drive Type
stern
Propeller Material
stainless-steel
Engine 2
Engine Make
Mercruiser
Engine Model
4.2L V8 DSL 370 HP D
Total Power
370hp
Engine Hours
395
Engine Type
inboard-outboard
Fuel Type
diesel
Engine Year
2016
Drive Type
stern
Propeller Material
stainless-steel
Steering System

Joystick Control

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
7/2/25Initial price$349,900

Contact Rhode River Boat Sales

2824 Solomons Island Rd, Edgewater, MD, 21037

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 2016 Formula 37 Performance Cruiser

Customers have been singing the praises of the 2016 Formula 37 Performance Cruiser, often highlighting its impressive combination of performance and luxury

Boaters are captivated by its sleek, sporty design, which not only turns heads on the water but also enhances its aerodynamic capabilities. Many users appreciate the powerful engines that deliver a thrilling ride, allowing for smooth cruising even at high speeds. The handling is frequently described as responsive and agile, making it a favorite among those who enjoy spirited navigation. Inside, the Formula 37 does not disappoint. Owners commend the thoughtfully designed cabin that offers ample space for relaxation and entertainment. The high-quality finishes and attention to detail create a sophisticated atmosphere, making it perfect for weekend getaways or longer excursions. The well-equipped galley and comfortable sleeping quarters receive particular mention for making life on board a breeze. The innovative layout of the cockpit also garners admiration, with many appreciating the ample seating and sunbathing areas that are perfect for gatherings with family and friends. Overall, customers find the Formula 37 Performance Cruiser to be a remarkable blend of style, comfort, and power, ensuring an unforgettable boating experience.

The Biggest Pros and Cons

2016 Formula 37 Performance Cruiser: Pros and Cons

Pros

Exceptional Performance: The Formula 37 is designed for thrilling speed and agility on the water, making it ideal for those who seek a high-performance experience.

Luxurious Interior: This model features a stylish and well-appointed cabin with modern amenities, including comfortable seating, a fully equipped galley, and a spacious dining area, perfect for entertaining guests or relaxing.

Spacious Cockpit: The cockpit layout is user-friendly and spacious, allowing ample room for socializing while also providing integrated storage solutions and a wet bar setup, enhancing your on-water experience.

Quality Craftsmanship: Formula is known for its attention to detail and high-quality materials, which are evident in the build and finish of the 37 Performance Cruiser, ensuring durability and lasting appeal.

Versatile Layout: With multiple configurations for sleeping and relaxing, the boat can accommodate both day trips and longer getaways, catering to various lifestyle preferences.

User-Friendly Technology: Equipped with advanced navigation and entertainment systems, the Formula 37 enhances your boating experience with easy-to-use technology that keeps you connected and informed.

Cons

Higher Price Point: The premium quality and performance features come with a correspondingly higher price tag, which may limit accessibility for some potential buyers.

Fuel Efficiency: Like many performance-oriented boats, the Formula 37 might consume more fuel, especially at higher speeds, leading to increased operational costs during extended outings.

Limited Downstairs Headroom: The cabin, while luxurious, may have some headroom limitations in certain areas, which could be a consideration for taller individuals when moving about below deck.

Maintenance Requirements: High-performance boats like the Formula 37 can require more frequent and specialized maintenance to ensure optimal performance, which can be a commitment for owners.

Not Ideal for Extreme Weather: While capable in many conditions, the performance focus means that the vessel may not be as robust in harsher weather, potentially limiting usage during inclement conditions.

Steep Learning Curve: For those new to boating, the handling and performance attributes may require some time to learn and adapt, making it less suitable for first-time boaters without adequate experience.

Made For

The 2016 Formula 37 Performance Cruiser is designed for those who crave the perfect blend of luxury and performance on the water. Ideal for boating enthusiasts who appreciate high-speed cruising without sacrificing comfort, this vessel is perfect for families, couples, or groups of friends seeking adventure. With its sleek profile and powerful twin engine setup, the Formula 37 delivers exhilarating speed and smooth handling. The spacious cockpit and luxurious interior make it an excellent choice for entertaining, whether you’re hosting a sunset gathering or embarking on a weekend getaway. The well-appointed cabin features ample seating, stylish finishes, and clever storage options, ensuring a comfortable experience both above and below deck. The modern galley is equipped for meal preparation, while the mid-cabin and master stateroom provide cozy retreats after a day in the sun. In essence, the 2016 Formula 37 Performance Cruiser caters to those who value quality craftsmanship, cutting-edge technology, and the ultimate maritime experience. Whether you're cruising along the coastline or anchoring in a tranquil cove, this performance cruiser offers the perfect escape on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 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 Power 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$ 297,415
Total Payment$531,766.97
Monthly payment
$2,215.70/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 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 Power 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$ 297,415
Total Payment$531,766.97
Monthly payment
$2,215.70/mo

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Address

2824 Solomons Island Rd
Edgewater, MD 21037

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