2003 Formula 40 Sold Boat in Merritt Island, FL 32952 US
Built in 2003
40
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40 feet
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Fiberglass/Reinforced
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 2003 Formula 40 | ||||||
|---|---|---|---|---|---|---|
| Price | $149,500 | $149,000 | $149,000 | $152,500 | $144,999 | $155,000 |
| Location | Merritt Island | Fort Lauderdale | Miami | Delray Beach | Dania | Saint Petersburg |
| Nominal Length | 40' | 28' | 54' | 37' | 39' | 37' |
| Engine Make | - | Mercruiser | MTU | Mercury Verado | MerCruiser | Mercury |
| Total Engine Power | - | 350 hp | - | 350 hp | - | 300 hp |
| Days on Market | 225 | 959 | 923 | 150 | 13 | 619 |
| Get in touch |
Other Formula boats for sale in Florida, United States
Price History
| Date | Event | Price |
|---|---|---|
| 4/2/26 | Initial price | $149,500 |
2003 Formula 40 Video Tours
Formula 40: BoatTEST Review
Overview
The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from a typical vessel. Designed with attention to detail and premium craftsmanship, this model offers a blend of comfort, functionality, and refined aesthetics. The yacht features thoughtful design elements both below and above deck, catering to the needs of discerning boaters.
Interior Living Spaces
The galley on the port side is well-appointed with a coffee docking station and ample counter space measuring approximately 29.5 by 30 inches leading up to the sink. It includes a two-burner electric stove equipped with a micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. A notable feature is the use of dovetail joinery on all drawers, a hallmark of Formula's craftsmanship. The main cabin benefits from three port lights and innovative privacy solutions, including up lights on dimmers that provide adjustable mood lighting and rotating covers for directional illumination. Privacy is enhanced beyond typical sliding curtains through magnetic catches securing the covers on both sides. Additional storage is abundant, with cedar-lined lockers behind mirrored hatches and a port-side cabinet housing a privacy safe and dovetailed drawers that retract smoothly when closed. Under the forward berth, two pull-out drawers offer storage within storage, also featuring the automatic retraction mechanism. Overhead, a hatch provides natural light and serves as an emergency escape, complete with a sliding screen for ventilation and a blackout shade for sleeping comfort.
Private Accommodations
The aft cabins stand out as particularly comfortable spaces within the yacht. Furnished with ultra-leather seating, the port side cabin includes a 19-inch LCD television and generous storage compartments, including dedicated spaces for pedestals that convert the area into a berth. The cabin offers approximately five feet of overhead clearance, allowing for comfortable standing without risk of head contact. The sole extends sufficiently to facilitate natural movement within the berth. However, some minor drawbacks include a Lucite shower door that tends to scrape along the deck during deployment and a port light that requires significant pressure to close securely.
Exterior Design and Deck Features
The Formula 40 PC's exterior showcases practical and premium design elements. The extended swim platform measures 11 feet by three and a half feet and is hydraulically actuated, doubling as a personal watercraft lift. A three-step boarding ladder is conveniently stored inside a deck hatch. The aft cockpit provides ample seating designed to keep all passengers engaged, featuring two pedestal stations that can support a table or be lowered to create a sun pad. A centrally located hatch offers direct access to the twin IPS 500 engines. Seating arrangements allow passengers to face the captain or recline comfortably while enjoying the view. The yacht features a walk-through windshield with handholds strategically placed for safety and ease of movement. The deck is constructed with non-skid surfaces and exhibits exceptional solidity, allowing one to walk freely without deck flexing—a testament to Formula's premium build quality. At the bow, custom-made 10.5-inch cleats replace standard off-the-shelf hardware, emphasizing the bespoke nature of the vessel. Additional details include non-skid surfaces adjacent to stainless steel footrests, a heavy-duty stainless steel windshield frame, and overhead supports that double as handholds.
Conclusion
The Formula 40 PC presents a well-rounded package that reflects the brand's commitment to upscale yacht design. From meticulous interior joinery and innovative privacy features to robust exterior construction and thoughtful deck layouts, this yacht offers both comfort and functionality. While minor issues such as the shower door and port light operation exist, they do not detract significantly from the overall quality and experience. The Formula 40 PC stands as a compelling choice for those seeking a premium cruising vessel.
Overview from around the web 2003 Formula 40
Customers praise the 2003 Formula 40 for its powerful performance and sleek design
Many highlight its smooth handling and impressive speed, making it a favorite among boating enthusiasts who enjoy both cruising and water sports. The spacious and comfortable cockpit, coupled with quality craftsmanship, receives positive remarks for enhancing on-water experiences. Owners also appreciate the reliable engine and well-thought-out features that contribute to a safe and enjoyable ride. Overall, the 2003 Formula 40 is celebrated for combining style, performance, and comfort in one exceptional package.
The Biggest Pros and Cons
The 2003 Formula 40 is a standout in the world of performance sport boats, offering a blend of speed, style, and comfort. Here are some key pros and cons to consider:
Pros
Powerful Performance: Equipped with robust engines, the Formula 40 delivers impressive speed and acceleration, making it ideal for thrill-seekers and water sports enthusiasts.
Sleek Design: Its aerodynamic hull and stylish lines not only enhance its appearance but also improve handling and fuel efficiency.
Spacious Layout: The boat features a well-designed cockpit and cabin area, providing ample seating and comfort for family and friends during day trips.
Quality Build: Known for its solid construction and durable materials, the Formula 40 offers reliability and longevity.
Advanced Features: Includes modern amenities and electronics that enhance navigation, safety, and entertainment on the water.
Cons
Fuel Consumption: Due to its powerful engines, the Formula 40 can be less fuel-efficient compared to smaller or less performance-oriented boats.
Maintenance Costs: High-performance boats often require more frequent and specialized maintenance, which can add to ownership expenses.
Limited Cabin Space: While comfortable for day use, the cabin may be somewhat compact for extended overnight stays or larger groups.
Price Point: As a premium sport boat, the Formula 40 may come with a higher initial purchase price compared to entry-level models.
Made For
The 2003 Formula 40 is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and versatility. Ideal for those who enjoy high-speed cruising, entertaining guests, or spending quality time on the water with family and friends, this model offers advanced engineering and stylish design to enhance every boating experience. Whether you're a seasoned captain or a weekend adventurer, the Formula 40 delivers exceptional handling and comfort to meet your boating lifestyle needs.
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At Florida Yachtmasters, we believe that every journey on the water should be as exhilarating as the destination. Our commitment extends beyond just transactions; we strive to create memorable experiences for our clients. Whether you are a seasoned sailor or a first-time buyer, our expert team is here to guide you through every wave and tide. With a wealth of knowledge and a passion for boating, we ensure that your yacht buying or selling experience is seamless and enjoyable. Let us help you navigate the waters of yacht ownership with 40+ years of experience.
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Boat Location
Contact Yacht Masters Yacht Brokerage about 2003 Formula 40
2700 Harbortown Dr., Merritt Island, FL, 32952
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