2016 Formula 37 Performance Cruiser

$269,000

Used

Boat in Key Biscayne, FL 33149 US

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
Length Overall
37ft
Beam
12ft
Max Draft
2.83ft
Displacement
17500lb
Cruising Speed
27kn
Max Speed
42kn
Cabins
1
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
236gal
Hull Material
fiberglass
Engine 1
Engine Make
Volvo Penta
Engine Model
IPS 450d
Engine Hours
1120
Engine Type
inboard
Fuel Type
diesel
Engine 2
Engine Make
Volvo Penta
Engine Model
IPS 450d
Engine Hours
1120
Engine Type
inboard
Fuel Type
diesel
Summary
NEW TO MARKET
Features

EXTERIOR:


  • Ashland Maxguard LE gelcoat in white
  • Imron standard graphic 
  • Pressure-treated Perma Panel structural hull matrix
  • Foam-filled hull cavities
  • Chemically bonded & thru-bolted deck-to-hull joint
  • Heavy duty PVC gunwale with stainless insert
  • Integrated bow platform
  • Electric windlass with chain counter 200' chain, polished stainless anchor, remote control and freshwater anchor washdown system
  • Concealed anchor davit with fiberglass chain locker
  • Polished remote control searchlight
  • Stainless hardware and 316L welded rails
  • Stainless custom Formula logo cast cleat (10)
  • Fuel fills
  • Forward Bomar cabin venting hatches with integrated OceanAir rollout SKY screen and privacy shade (3)
  • Polished port lights with screens (6) and oversized HarbourView portlight with screen
  • Nonskid foredeck center walkway and walkaround
  • (2) Cockpit coordinated vinyl deck sunpads with adjustable chaise backrests
  • DriFast foam and 316L rails
  • Tinted, tempered curved glass windshield with center walkthrough, polished stainless frame and windshield wipers
  • Radar arch with mast light and white air horn
  • Clarion waterproof transom-mounted stereo control
  • Extended integrated swim platform with concealed stainless swim ladder and pull-up cleats
  • Transom shower with hot and cold controls
  • Molded tranum trunk with pneumatic lifts, fender storage, (4) fenders, storage for cockpit tables and cushions
  • 120V shorepower with fail-safe galvanic isolator and (2) 30-amp cords
  • Polished stainless shorepower, cable TV & phone inlets 
  • Chrome finished city water inlet


COCKPIT:


  • Continuous molded deck and cockpit liner
  • Molded in-dash forward deck access steps with 316L stainless handrail
  • Molded fiberglass dash with high gloss dash panels
  • Ritchie compass
  • Raymarine e7D widescreen color chartplotter with digital depth founder
  • Illuminated waterproof accessory rocker switches with E-T-A circuit breakers
  • Auxiliary 12V outlet
  • Tilt wheel in leather wrapped stainless and lockable under-dash storage compartment
  • Mercury DTS controls
  • Bennett trim tab switches and indicators
  • Clarion dash-mounted stereo control
  • (6) 6 1/2'' speakers with polished stainless grille, 200W amplification
  • 200W cockpit subwoofer and iPod/MP3 port
  • (2) Dual USB charging ports
  • Cockpit/swim platform blue/white LED courtesy lights with remote control
  • Integral 316L safety rails
  • Weather-resistant cockpit seating featuring Pre-Fixx coating, Tenara element-resistant thread, DriFast foam and StarLite XL synthetic marine panel construction
  • Dual position twin command seating
  • Port and aft u-shaped lounge seating with fiberglass-lined storage
  • (2) Color-coordinated dual-height cockpit tables with Corian tops and sunpad inserts
  • Color-coordinated molded wet bar with integrated sink
  • Corian countertop
  • 120V/12V pullout refrigerator with stainless front
  • Trash container
  • 316L safety rail
  • 120V GFCI outlet and fire extinguisher
  • Disconnect switch for auxiliary 12V power
  • Custom patterned cockpit carpet
  • Pneumatic-assist transom door
  • Bimini top
  • Front and side curtains with easy-mount zippers and extended aft enclosure in color-coordinated non-fading Sumbrella fabric with Seamark vinyl undercoating


CABIN:


  • Sliding/locking door
  • Solid wood entry steps
  • Woodgrain-finish flooring
  • Private forward stateroom with double high-gloss finish doors
  • Centerline bed with Sensus memory foam mattress and pillow shams
  • Storage below and individual reading lights
  • (2) Cedar-lined stateroom hanging lockers with automatic lights
  • Forward cabin 19' LED/LCD HDTV/DVD combo player
  • Curved Ultraleather sofa seating with Ultrasuede lumbar
  • Dual-height high-gloss wood dining table and filler cushions
  • OceanAir skysol pleated blind system in galley, dinette, forward stateroom and aft cabin
  • Cabinetry in high-gloss 
  • 18,000 BTU reverse cycle air conditioner with digital climate control
  • Illuminated 12DV and 12V electrical panels
  • 32'' LED/LCD HDTV/DVD with auxiliary HDMI port
  • Clairon AM/FM/CD stereo with iPod/USB docking station
  • Bluetooth and (4) 6 1/2'' speakers with 200W amplification and 8'' subwoofer with 100W amplification
  • Satellite radio
  • Ultraleather aft cabin lounge/double berth with Ultrasuede lumbar
  • Removable high-gloss with cocktail table 
  • Filler cushion and privacy 
  • Cedar-lined aft cabin hanging locker with automatic light
  • Built-in WalVac sweeper system with easy access wall plate
  • In floor storage compartments
  • Complete galley in high gloss finish with storage and hardwood dovetailed drawers
  • Full Corian countertop
  • Blue LED-lit cabinet showcase with tempered stemware and tumblers
  • Beverage center with Krups coffee maker
  • Polished stainless sink
  • Concealed 2-burner electric stove with safety switch
  • 120V / 12V stainless refrigerator
  • Polished stainless microwave oven
  • Concealed in-counter trash container
  • Water level gauge and fire extinguisher
  • Demand water system with 57-gallon capacity and one point water fill for fresh water tank and/or city water
  • 120V water heater with heat exchanger
  • Molded private head compartment with molded vanity, lower door in high-gloss finish, Corian counter, polished stainless sin, woodgrain flooring, VacuFlush head with 55 gallon holding tank and dockside pumpout, separate shower stall winged acrylic door and exhaust fan
  • Automatic cabin bilge pump with high water alarm
  • (3) Carbon monoxide detectors
  • Bennett hydraulic trim tabs
  • 7.5 KW/120V Kohler low-CO emissions gas generator 
  • Stainless props

ENGINE:

  • Twin engine installation with thru-bolted engine mounts
  • Motorized hatch lift
  • Courtesy lighting 
  • Fume detector and automatic fire extinguisher
  • Integrated quick-access engine hatch
  • Twin start and aux batteries with retainers and 60 amp battery charger
  • Disconnect switches for starting batteries
  • Battery parallel emergency switch
  • Galvanic corrosion protection systems
  • Bilge blowers, automatic bilge pump and high water alarm


Price History

DateEventPrice
1/22/26Initial price$269,000

Contact Allied Marine

1785 SE 17th Street, Fort Lauderdale, FL, 33316

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 2016 Formula 37 Performance Cruiser

Customers praise the 2016 Formula 37 Performance Cruiser for its impressive blend of power and luxury

Many highlight its sleek design and smooth handling, making it a favorite for both cruising and entertaining. The spacious cockpit and well-appointed interior receive positive remarks for comfort and style, while the boat’s reliability and performance on the water consistently earn high marks. Overall, owners appreciate the Formula 37 for delivering a premium boating experience with exceptional craftsmanship and attention to detail.

The Biggest Pros and Cons

The 2016 Formula 37 Performance Cruiser offers a blend of luxury, performance, and comfort, making it a standout choice for 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 both cruising and watersports.

Spacious Layout: The design maximizes interior space, providing comfortable seating and ample room for entertaining guests.

Luxurious Amenities: High-quality materials, modern fixtures, and thoughtful features enhance onboard comfort and style.

Innovative Design: Sleek lines and aerodynamic styling contribute to both aesthetics and fuel efficiency.

Versatile Use: Suitable for day cruising, overnight stays, and extended trips thanks to well-appointed cabins and storage.

Cons

Fuel Consumption: The powerful engines, while delivering excellent performance, can result in higher fuel usage compared to smaller boats.

Maintenance Costs: Luxury components and advanced systems may require more specialized maintenance, potentially increasing upkeep expenses.

Size Limitations: While spacious, the 37-foot length may limit access to certain smaller docks or marinas.

Learning Curve: The advanced controls and features might require some time for new owners to become fully comfortable with operation.

Made For

The 2016 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of high performance, luxury, and comfort. Ideal for those who enjoy sporty cruising with family and friends, this model offers spacious accommodations, advanced technology, and sleek styling, making it perfect for day trips, weekend getaways, or entertaining on the water. Whether you're an experienced boater or someone looking to elevate your boating experience, the Formula 37 Performance Cruiser delivers exceptional handling and upscale amenities to suit your lifestyle.

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.
Monthly payment
$1,703.41/mo
$
$
%
Principal Loan Amount$ 228,650
Total Payment$408,817.71

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.
Monthly payment
$1,703.41/mo
$
$
%
Principal Loan Amount$ 228,650
Total Payment$408,817.71

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Meet the Broker

Address

1785 SE 17th Street
Fort Lauderdale, FL 33316
Other Information about Allied Marine

We specialize in listing, marketing, sales, and charter of luxury motor yachts and sport fishing boats. Our licensed, reputable yacht brokers, sales and support staff provide yacht owners and purchasers with the utmost in personalized, hands-on service, handling luxury yacht and superyacht transactions around the globe with speed and efficiency. The Allied Marine yacht charter team offers professional marketing services for luxury charter yachts and draws on its extensive knowledge of the global charter yacht fleet to help clients book the completely customized yacht vacation of their dreams.

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