2016 Formula 37 Performance Cruiser Boat in Key Biscayne, FL 33149 US

$225,000

Used
builtBuilt in 2016
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x Volvo-Penta)

Engine type and count
length

37 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
38.42ft
Beam
12ft
Max Bridge Clearance
14.33ft
Max Draft
3.33ft
Cabin Headroom
6.58ft
Deadrise At Transom
18deg
Dry Weight
18900lb
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
236gal
Holding Tanks
57gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
modified-vee
Engine 1
Engine Make
Volvo-Penta
Engine Model
IPS 450
Total Power
330hp
Engine Hours
1151
Engine Type
inboard
Fuel Type
diesel
Engine Year
2016
Drive Type
pod
Engine 2
Engine Make
Volvo-Penta
Engine Model
IPS 450
Total Power
330hp
Engine Hours
1151
Engine Type
inboard
Fuel Type
diesel
Engine Year
2016
Drive Type
pod
Underwater Lights
Electric Bilge Pump
Microwave Oven
Air Conditioning
Electric Head
Hot Water
Refrigerator
Battery Charger
Depthsounder
Radar
Radar Detector
Tv Set
Autopilot
Radio
Compass
Cd Player
Gps
Cockpit Speakers
Vhf
Flat Screen Tv
Hard Top
Shore Power Inlet
Generator
Exterior
  • NMMA Yacht Certification
  • 10-year Structural Warranty
  • Transferable 5-Year Formula Guard® Limited Protection Plan
  • Imron® Standard graphic & cockpit accent striping
  • Pressure-treated Perma Panel™ structural hull matrix
  • Foam-filled hull cavities
  • Chemically bonded & thru-bolted deck-to-hull joint
  • Heavy-duty PVC gunwale w/stainless steel insert
  • Integrated bow platform
  • Electric windlass w/chain counter, 200' chain, polished stainless steel anchor & hand-held remote control
  • Concealed anchor davit w/fiberglass chain locker
  • Polished remote-control searchlight
  • Stainless steel hardware & 316L stainless steel welded rails
  • Ten custom Formula logo-cast cleats
  • Stainless steel fuel fills w/integral vents
  • Three forward polished Bomar® cabin venting hatches w/integrated OceanAir® rollout SKYscreens & privacy shades
  • Six polished stainless steel portlights w/screens
  • Nonskid deck center walkway & walk-around
  • Two Sunbrella® DriFast® foam deck sunpads w/adjustable backrests & 316L stainless steel rails
  • Tinted, tempered curved-glass windshield w/center walk-thru and polished stainless steel frame
  • Windshield wipers
  • Radar arch w/mast light
  • White air horn
  • Extended integrated swim platform w/concealed stainless steel swim ladder & pull-up cleats
  • Transom shower w/hot & cold controls
  • Molded fiberglass transom trunk w/pneumatic lifts, fender storage, four fenders, storage for cockpit tables & cushion
  • 120V shorepower w/fail-safe galvanic isolator & two 30-amp cords
  • Polished stainless steel shorepower, cable TV & telephone hookups
  • Chromed city water inlet
Cockpit
  • Continuous molded deck & cockpit liner
  • Molded in-dash forward deck access steps w/316L stainless steel handrail
  • Burl wood-finish dash panels
  • Complete Livorsi® illuminated instrumentation, domed w/chrome bezels
  • Ritchie® compass
  • Raymarine™ digital depth sounder
  • Garmin® GPS navigational system w/color chartplotter
  • Livorsi chromed shifters/throttles (w/in-handle outdrive trim switch-sterndrive only)
  • Dino™ tilt steering wheel w/wood insets & brushed metallic accents
  • Bennett® trim tab switches & indicators
  • Auxiliary 12V outlet
  • Illuminated waterproof accessory rocker switches w/E-T-A® circuit breakers
  • Clarion waterproof dash-mounted multi-feature stereo remote control
  • Six 150W 6 1/2" marine-grade speakers w/1,000W amplification, polished stainless steel grilles, & separate tweeters
  • iPod™/MP3 port
  • Fifteen polished stainless steel drink holders
  • Cockpit/swim platform blue/white LED courtesy lights w/hand-held remote control
  • Integral 316L stainless steel safety rails
  • Weather-resistant cockpit seating featuring PreFixx® coating, Tenera® element-resistant thread, DriFast® foam & StarLite® XL synthetic marine panel construction
  • Twin command seating w/dual-position helm & companion seats
  • Port lounge w/fiberglass-lined storage
  • Two custom-designed Sunbrella® cockpit pillows
  • Aft U-shaped lounge seating w/fiberglass-lined storage, two dual-height tables & sunpad inserts
  • Molded wetbar w/integrated sink, Corian® countertop, trash container, 316L stainless steel safety rail & 120V GFCI outlet
  • Demand water system w/55-gallon capacity
  • Fire extinguisher
  • Disconnect switch for auxiliary 12V power
  • Custom patterned cockpit carpet
  • Pneumatic-assist transom door
  • Bimini top, front & side curtains w/easy-mount zipper connectors & extended aft cockpit enclosure in color-coordinated non-fading Sunbrella® acrylic fabric w/SeaMark™ vinyl undercoating
  • Cockpit cover in color-coordinated non-fading Sunbrella acrylic fabric w/SeaMark vinyl undercoating
Cabin
  • Sliding/locking cabin door
  • Woodgrain-finish entry steps
  • Woodgrain-finish flooring throughout cabin
  • Private forward stateroom w/double high-gloss Deep Cherry finish doors, centerline bed w/Sensus® memory foam mattress & stowage below
  • Forward cabin 19" LCD HDTV/DVD combo player w/dockside access cord
  • OceanAir Skysol pleated blind system in galley
  • Individual reading lights
  • Two forward stateroom hanging lockers w/automatic lights
  • Curved Ultraleather™ sofa seating w/dual height, high-gloss Deep Cherry wood dining table & filler cushion
  • Custom décor pillows & draperies
  • Cabinetry in high-gloss Deep Cherry finish
  • 18,000 BTU reverse cycle air conditioner w/digital climate control
  • Phone w/cord
  • Illuminated 120V & 12V electrical panels
  • 26" LCD HDTV/DVD combo player in main salon w/dockside access cord
  • Clarion® AM/FM/CD stereo w/changer control, four 150W 6 1/2" 2-way marine-grade speakers w/1,000W amplification, 8" subwoofer w/100W amplification & iPod docking station
  • Ultraleather aft cabin lounge/double berth w/filler cushion & privacy enclosure
  • Cedar-lined aft cabin hanging locker w/automatic light
  • Removable high-gloss, Deep Cherry wood cocktail table
  • Forward stateroom multi-feature stereo remote control
  • Built-in WalVac® sweeper system w/easy-access wall plate
  • In-floor storage compartments
  • Complete galley in high-gloss Deep Cherry finish w/storage and hardwood dovetailed drawers, full Corian countertop, beverage center, polished stainless steel sink, concealed 2-burner electric stove w/safety shut-off switch, 120V/12V stainless steel refrigerator polished stainless steel microwave oven, Krups® coffee maker & concealed in-counter trash container
  • Fire extinguisher
  • Demand water system w/one-point water fill for freshwater tank and/or city water
  • Water level gauge
  • 120V water heater w/heat exchanger
  • Molded private head compartment w/molded vanity & lower door in high-gloss Deep Cherry finish, Corian counter, polished stainless steel sink, Flush and Forget® VacuFlush® head unit w/holding tank & dockside pumpout, separate stall shower w/hinged acrylic door & exhaust fan
  • Cabin bilge pump w/high water alarm
  • Two carbon monoxide detectors
Engine
  • Twin engine installation
  • Motorized hatch lift
  • Integrated quick-access engine hatch
  • Courtesy lighting
  • Fume detector
  • Automatic fire extinguisher
  • Thru-bolted engine mounts
  • Closed-water cooling systems
  • Three marine batteries w/battery retainers
  • Disconnect switches for starting batteries
  • Battery parallel emergency switch
  • 60-amp battery charger
  • Active & passive galvanic corrosion protection systems
  • Rotary bilge blowers
  • Automatic bilge pump
  • Bilge high water alarm
  • Bennett trim tabs
  • 7.3 KW/120V Kohler® low-CO emissions gas generator w/battery or 7.6 KW/120V Westerbeke™ diesel generator w/sound shield & battery
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
7/15/26Initial price$225,000

Contact The Global Marine Group

20100 SW 264 Street, Homestead, FL, 33031

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

The 2016 Formula 37 Performance Cruiser has garnered enthusiastic praise from customers for its exceptional blend of luxury and performance

Reviewers frequently commend its sleek design, emphasizing the combination of style and functionality that makes it stand out on the water. Customers appreciate the spacious and well-appointed cockpit, which is perfect for entertaining and enjoying time with friends and family. The layout is often highlighted, with attention to comfortable seating and easy access to all areas of the boat. Inside, the cabin receives accolades for its upscale finishes and thoughtful amenities, providing a true home-away-from-home experience. The galley is well-equipped, making meal prep a pleasure, and the sleeping quarters offer privacy and comfort. Performance-wise, sailors rave about the smooth ride and agility, whether cruising at high speeds or navigating through tighter waters. The boat's handling inspires confidence, making it suitable for both novice and experienced boaters alike. Overall, customers find that the 2016 Formula 37 Performance Cruiser delivers on its promise of quality, performance, and luxury, making it an excellent choice for those looking to elevate their boating experience.

The Biggest Pros and Cons

Pros

Performance-Driven Design: The Formula 37 is engineered for high performance. Its sleek hull design and powerful engines provide exhilarating speed and agility on the water, making it a top choice for thrill-seekers.

Comfortable Accommodations: With a spacious interior that includes a well-appointed salon, full galley, and comfortable sleeping quarters, the cruiser is perfect for both day outings and extended overnight trips with family and friends.

Quality Construction: Known for its exceptional craftsmanship, the Formula 37 features high-quality materials and finishes, ensuring durability and aesthetic appeal. The meticulous attention to detail throughout the vessel enhances both longevity and luxury.

Versatile Entertainment Space: The cockpit and deck areas are designed for entertaining, featuring ample seating and a freshwater wet bar. Perfect for gatherings, it creates a welcoming environment for socializing on the water.

Advanced Technology: The 2016 model is equipped with modern navigational tools and entertainment systems, providing convenience and enhancing the overall boating experience.

Stable Cruising: The boat’s hull design ensures stable cruising even in varying water conditions, providing a smooth ride whether you're slicing through waves or enjoying calm waters.

Cons

Fuel Consumption: While the performance is impressive, the twin-engine setup can lead to higher fuel consumption compared to more modestly powered vessels, which may deter budget-conscious buyers.

Limited Storage: While it offers ample space for comfort, storage options can be somewhat limited for extended cruising. The arrangement may require careful packing and organization for longer trips.

Price Point: As a higher-end performance cruiser, the Formula 37 comes with a significant price tag that may not be feasible for all buyers, placing it in a more exclusive market.

Maintenance Requirements: The advanced technology and powerful engines may necessitate more regular maintenance compared to simpler boats, potentially leading to higher upkeep costs.

Not Ideal for Shallow Waters: The Formula 37’s design is optimized for performance in deeper waters, which can limit its usability in shallower regions or areas with heavy fishing activity.

Made For

The 2016 Formula 37 Performance Cruiser is designed for those who seek a perfect blend of luxury, performance, and versatility on the water. Ideal for boating enthusiasts and families alike, it caters to individuals who appreciate high-quality craftsmanship and cutting-edge technology. Whether you enjoy leisurely weekend getaways, exhilarating day trips, or entertaining friends and family, this cruiser offers ample space, comfortable seating, and top-notch amenities. With its sleek, modern design and powerful twin engines, the Formula 37 ensures a thrilling experience for those who crave speed and agility as well as relaxation. The layout features well-appointed living spaces, including a cozy salon, a fully-equipped galley, and spacious sleeping quarters, making it suitable for extended cruises. The thoughtful inclusion of outdoor spaces, such as a generous cockpit and oversized swim platform, enhances the enjoyment of water activities. In summary, the 2016 Formula 37 Performance Cruiser is for the discerning mariner who values performance, comfort, and style, making it an exceptional choice for creating unforgettable memories 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$ 191,250
Total Payment$341,947.90
Monthly payment
$1,424.78/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$ 191,250
Total Payment$341,947.90
Monthly payment
$1,424.78/mo

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Address

20100 SW 264 Street
Homestead, FL 33031

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