2004 Formula 40 Performance Cruiser
$165,000
Boat in Saint Augustine, FL 32084 US
40 Performance Cruiser
2 Engines (Yanmar, Yanmar)
40 feet
Diesel
Fiberglass/Reinforced
Low-Hour Yanmar Diesels • Major Mechanical Upgrades • Turn-Key & Well-Documented
This 2004 Formula 40 PC is a rare opportunity to own one of Formula's most sought-after performance cruisers, powered by low-hour Yanmar V-drive diesel engines with approximately 800 original hours. Known for its superior ride, solid construction, and upscale finish, this vessel stands apart thanks to exceptional mechanical care and extensive service documentation.
A major mechanical investment was completed in 2025 with brand-new reduction gears installed on both engines, significantly increasing reliability and eliminating a major future expense for the next owner. Boats with this level of recent drivetrain work and documentation are rarely offered.
Power & Mechanical Highlights
Twin Yanmar V-Drive Diesel Engines - approx. 800 hours
Both engine reduction gears replaced in 2025
6.5 kW generator
Extensive, multi-year documented maintenance records
Maintenance & Service Highlights
Engines serviced consistently with routine oil and filter changes
Fuel systems maintained, including fuel and air filter service
Raw-water cooling systems serviced, including impellers, strainers, and zincs
Heat exchangers and cooling components inspected and maintained
Belts and hoses replaced as required
Transmission and drivetrain serviced and inspected
Electrical and charging systems checked and maintained
Generator regularly serviced
Preventative maintenance prioritized to ensure reliability and longevity
The maintenance records clearly reflect ownership focused on mechanical integrity, safety, and long-term dependability-a critical factor for serious diesel buyers.
Accommodations & Layout
The Formula 40 PC is renowned for its wide beam, open cockpit layout, and upscale interior, making it equally well-suited for cruising, entertaining, or extended weekends aboard. Features include:
Spacious salon with premium finishes
Well-equipped galley
Forward master berth
Comfortable mid-cabin accommodations
Enclosed head with separate shower
Whether running offshore, entertaining dockside, or cruising with family and friends, this Formula 40 PC delivers the performance, confidence, and quality that define the Formula brand.
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
| Date | Event | Price |
|---|---|---|
| 1/21/26 | Initial price | $165,000 |
Videos from Knot 10 Yacht Sales on this 2004 Formula 40 Performance Cruiser
Be the first to know when similar boats hit the market
Get notified when new boats become available
Meet the Broker

Address
Boat Location
Contact Knot 10 Yacht Sales
Boat Location Appears Under Price In Listing














































