2004 Formula 370 Super Sport Boat in Cape Coral, FL 33991 US

$129,900

Used
builtBuilt in 2004
Year the boat was built
model

370 Super Sport

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
10.5ft
Max Bridge Clearance
10ft
Max Draft
3ft
Cabin Headroom
6.17ft
Deadrise At Transom
21deg
Dry Weight
14400lb
Heads
1
Fresh Water Tanks
43gal
Fuel Tanks
238gal
Holding Tanks
50gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercruiser
Engine Model
FWC 496 MAG HO Bravo III
Total Power
375hp
Engine Hours
643
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2004
Engine 2
Engine Make
Mercruiser
Engine Model
FWC 496 MAG HO Bravo III
Total Power
375hp
Engine Hours
652
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2004
Cockpit Cushions
Cockpit Table
Electric Bilge Pump
Air Conditioning
Hot Water
Refrigerator
Battery Charger
Depthsounder
Radio
Compass
Gps
Cockpit Speakers
Vhf
Bimini Top
Cockpit Cover
Shore Power Inlet
Generator
Engine Notes

Feel free to contact us today with questions or to set up an appointment to view the vessel in person.

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
4/1/26Initial price$129,900

Contact Grand Slam Yacht Sales Inc.

Main Office, 16991 State Road 31, Fort Myers, FL, 33905

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

The Formula 370SS is a premium performance cruiser measuring 38 feet 6 inches in length overall, with a beam of 10 feet 9 inches and a draft of 3 feet. Designed for versatility, it suits weekend outings, entertaining, or longer cruises. This particular model is uniquely powered by twin Ilmor 7.4 liter 483 horsepower engines integrated into the OneDrive stern drive propulsion system, blending Formula's offshore racing heritage with Ilmor's high-performance racing engine expertise.

Power and Performance

The 370SS features a 21-degree deadrise at the transom and a two-step hull design, balancing a deep-V ride with efficient planing. The Ilmor MV8 7.4 liter engines produce peak torque at 4,400 rpm, filling a power gap between 430 and 520 horsepower. During testing, the boat achieved a top speed of 53.7 miles per hour at 5,364 rpm. Cruising at 3,500 rpm yielded 31.9 miles per hour with a fuel burn of 32.7 gallons per hour, equating to one mile per gallon and a range of 191 statute miles with a 10% fuel reserve. The boat demonstrated a smooth and stable ride with minimal bow rise and consistent running attitude, handling wakes and sharp turns predictably without slipping. The Ilmor OneDrive stern drive unit, originally engineered for diesel applications, features robust gears, shafts, and hydraulic transmission housed in a larger casing for durability and quieter operation. The system carries a five-year, 500-hour factory-backed warranty, reflecting its reliability and performance.

Engine and Mechanical Features

Ilmor engines are hand-built with forged steel crankshafts, rods, and pistons, based on a cast GM 454 block but extensively engineered for durability and power. The engines utilize multiple closed cooling systems with glycol-based coolant and heat exchangers to maintain optimal temperatures and reduce corrosion. Maintenance is simplified with service points and oil filters positioned for easy access, and oil change intervals set at 75 hours for the engine and 150 hours for the stern drive unit. The OneDrive's hydraulic clutch and electromagnetic relays provide smooth operation, and the system’s design allows Formula’s paint finish to extend seamlessly onto the upper unit.

Exterior Design and Deck Features

The 370SS presents a striking profile with John Adams-designed lines and a painted hull. The stern area includes shore power, cable TV, telephone, and water hookups, along with a freshwater shower for convenience. The aft-facing transom seat converts into a large sun pad with storage lockers beneath for cockpit tables, cushions, and fenders. The cockpit features a Corian-topped console with storage, a trash can, and a cold water wet bar sink with fold-down faucet, all neatly concealed under lids. A 2.3 cubic foot Isotherm drawer-style refrigerator is integrated into a curved front cabinet. The U-shaped cockpit lounge includes a dual-height, two-piece Corian table that converts into a sun pad with filler cushions. Helm seating is comfortable and versatile, with separate fold-up seats and integrated air conditioning vents. Access to the foredeck is provided by sturdy centerline steps with grab handles, leading to a bow hatch housing a Lumar electric windlass and a polished stainless Bruce anchor with 150 feet of chain stowed in a molded tub.

Helm and Electronics

The helm is ergonomically designed with white-faced analog Ilmor gauges, including dual fuel gauges flanking a compass, a central speedometer, and tachometers below. A 12-inch Raymarine Axiom Pro display is mounted to port, while the Ilmor Merlin digital dashboard on starboard offers a programmable touchscreen interface with diagnostic capabilities and detailed joystick functionality readouts. Controls for the joystick, Bennett trim tabs, and engine throttles are conveniently positioned to starboard, alongside rocker switches for lighting and electrical systems. Communication and entertainment systems, including stereo, VHF radio, and 12-volt receptacles, are integrated into the lower helm panel.

Interior Living Spaces

Below deck, the forward cabin features a wraparound settee that converts into a berth with a dual-height, three-piece gloss finish table, creating a comfortable dining or lounging area. The flat-screen television with Blu-ray player is easily visible and mounted on the electrical panel door. The compact galley is well-appointed with ample cabinetry, a microwave, a Kenyon Seagull burner cooktop, an under-mounted stainless steel sink with a stylish faucet, and Corian countertops. Dedicated glass storage is illuminated with blue LED lighting, and soft-close drawers with dovetail joinery enhance functionality. Additional amenities include a cedar-lined hanging locker with stereo controls, a galley refrigerator, and a central vacuum system with hose storage.

Private Accommodations and Head

The wet head serves as a stand-up shower and includes an electric flush toilet, stainless steel sink with modern fixtures, an opening port light, and storage both in the vanity and a mirrored overhead cabinet. The aft cabin, located behind the companionway stairs, offers a queen-size berth with crawl-in height, storage cubbies at the foot of the berth, and a flat-screen television, providing a private and comfortable sleeping area.

Conclusion

The Formula 370SS exemplifies high-quality craftsmanship and thoughtful design, delivering the performance and handling expected from the Formula brand. The integration of twin 483 horsepower Ilmor 7.4 liter engines with the OneDrive stern drive system enhances the boat’s capabilities, providing robust power, reliability, and ease of maintenance. With its versatile layout, premium finishes, and comprehensive features both above and below deck, the 370SS stands out as a well-executed cruiser suitable for a range of boating activities.

Overview from around the web 2004 Formula 370 Super Sport

Customers praise the 2004 Formula 370 Super Sport for its impressive blend of performance and luxury

Many highlight the boat's powerful and smooth handling, making it ideal for both high-speed cruising and comfortable leisure outings. The spacious and well-appointed cockpit receives frequent compliments for its comfort and stylish design, providing ample seating and thoughtful amenities for entertaining guests. Owners also appreciate the quality craftsmanship and attention to detail evident throughout the vessel. Overall, the 2004 Formula 370 Super Sport is celebrated for delivering a premium boating experience that combines speed, comfort, and elegance.

The Biggest Pros and Cons

The 2004 Formula 370 Super Sport is a high-performance express cruiser known for its blend of speed, style, and comfort. Here are some of the pros and cons of this model:

Pros

Powerful Performance: Equipped with twin V-drives and available with high-horsepower engines, the 370 Super Sport delivers impressive speed and smooth handling on the water.

Sleek Design: The boat features a sporty and aggressive profile with stylish lines that stand out in its class.

Spacious Interior: The cabin offers ample space with comfortable seating, a well-equipped galley, and sleeping accommodations for overnight stays.

Quality Construction: Built with attention to detail and high-quality materials, ensuring durability and longevity.

Versatile Layout: The cockpit is designed for both entertaining and relaxing, with plenty of seating and storage options.

Advanced Features: Includes amenities such as a full electronics package, air conditioning, and entertainment systems to enhance onboard comfort.

Cons

Fuel Consumption: With powerful engines, the fuel efficiency may be lower compared to smaller or less performance-oriented boats.

Maintenance Costs: High-performance components and luxury features can lead to increased maintenance and upkeep expenses.

Limited Headroom: While spacious, some areas within the cabin may have limited headroom, which could be less comfortable for taller individuals.

Docking Challenges: The boat’s size and sporty hull design might make docking and maneuvering in tight marinas more challenging for less experienced operators.

Made For

The 2004 Formula 370 Super Sport is designed for boating enthusiasts who seek a perfect blend of luxury, performance, and spaciousness. Ideal for those who enjoy high-speed cruising, entertaining guests, and comfortable overnight stays, this boat caters to families and social groups looking for a versatile vessel that excels both on open waters and in coastal environments. Its combination of powerful engines, sleek design, and premium amenities makes it well-suited for experienced boaters who value style, speed, and comfort.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 Formula 370 Super Sport. 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 Express 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$ 110,415
Total Payment$197,417.92
Monthly payment
$822.57/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 Formula 370 Super Sport. 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 Express 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$ 110,415
Total Payment$197,417.92
Monthly payment
$822.57/mo

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Nominal Length
Draft
Engine Make
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Meet the Broker

Address

Main Office
16991 State Road 31
Fort Myers, FL 33905

Boat Location

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