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

$269,000

Used
We will let you know when another 2016 Formula 37 Performance Cruiser is available in Key Biscayne, FL
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

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This Boat
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The Image of Formula 37 Performance Cruiser 2016 - 58961032016 Formula 37 Performance Cruiser
Price$269,000$269,500$279,000$280,000$249,000$289,000
LocationKey BiscayneHobe SoundBoca RatonFort LauderdaleDestinJacksonville
Nominal Length-37'34'29'32'34'
Draft3'-----
Engine MakeVolvo PentaMercuryYamahaMercuryMerCruiserYamaha
Total Engine Power-300 hp300 hp225 hp300 hp300 hp
Days on Market23129122792752
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Other 2016 Formula 37 Performance Cruiser For Sale in Florida, United States

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

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 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.
$
$
510152025
%
Principal Loan Amount$ 228,650
Total Payment$408,817.71
Monthly payment
$1,703.41/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$ 228,650
Total Payment$408,817.71
Monthly payment
$1,703.41/mo

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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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