2016 Formula 40 Performance Cruiser Boat in Monmouth Beach, NJ 07750 US

$379,000

Used
builtBuilt in 2016
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (2x Volvo Penta)

Engine type and count
length

42 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
42ft
Length Overall
42.58ft
Beam
12.67ft
Max Bridge Clearance
16.67ft
Max Draft
3.67ft
Deadrise At Transom
18deg
Dry Weight
21550lb
Cruising Speed
28kn
Max Speed
35kn
Cabins
2
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
250gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo Penta
Engine Model
IPS 500d
Total Power
370hp
Engine Hours
430
Engine Type
inboard
Fuel Type
diesel
Engine Year
2016
Drive Type
pod
Engine 2
Engine Make
Volvo Penta
Engine Model
IPS 500d
Total Power
370hp
Engine Hours
430
Engine Type
inboard
Fuel Type
diesel
Engine Year
2016
Steering System

Joystick Control

Mechanical Disclaimer

Engine and generator hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

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
6/24/26Initial price$379,000

Contact Yachts360

1515 SE 17th Street, Suite 125, Fort Lauderdale, FL, 33316

Formula 40 Performance Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

Boat Test Review on BoatTest.com

Overview

The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from an average one. Designed with functionality and premium craftsmanship in mind, this model offers a blend of innovative features and thoughtful details that enhance both comfort and usability on the water.

Exterior Design and Cockpit

A standout feature of the Formula 40 PC is its versatile stern section, which significantly enhances the boat's functionality. The stern sunpad is equipped with twin backrests that lock into three distinct positions, allowing it to serve as an aft-facing chaise lounge for sunbathing, an aft-facing seat when at anchor, or additional forward-facing seating for the cockpit. The sunpad lifts on gas shocks to reveal storage space containing a remote control for the swim platform, which doubles as a tender or personal watercraft platform. Also stored here are filler cushions for the U-shaped cockpit seating and cocktail tables, all secured in dedicated cutouts. The cockpit seating is upholstered in Nautilex marine vinyl and includes storage compartments beneath. The cockpit area features flush-mounted stainless steel drink holders and a stereo remote control for convenience. Moving forward, the bow is easily accessible via a walk-through windshield, with ample handholds and a solid, non-skid deck that resists flexing, reflecting the build quality typical of premium yachts.

Interior Living Spaces

Inside, the galley is thoughtfully arranged on the port side, featuring a coffee docking station and generous countertop space measuring approximately 29.5 by 30 inches. The galley includes a two-burner electric stove with a safety micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. The cabinetry showcases dovetail joinery on all drawers, a hallmark of quality craftsmanship. The main cabin benefits from three port lights that provide natural light and ventilation. Privacy is enhanced by an innovative lighting system with dimmable uplights and adjustable covers that direct light downward, surpassing the typical curtain solutions found on many boats. Additional interior features include cedar-lined lockers behind mirrored hatches and a port-side cabinet containing a privacy safe and dovetailed drawers that retract smoothly when closed.

Private Accommodations

The forward berth offers ample storage with two pull-out drawers beneath the bed, incorporating the same automatic retraction mechanism as other drawers on board. Overhead, a hatch provides natural light, ventilation with a sliding screen, and serves as an emergency escape route. The aft cabins stand out as particularly comfortable spaces, furnished with ultra-leather seating and equipped with a 19-inch LCD television on the port side. These cabins include substantial storage, including dedicated compartments for pedestals that convert the space into additional berths. The cabins provide about five feet of overhead clearance, with a sole extension that allows occupants to stand naturally without head clearance issues.

Conclusion

The Formula 40 PC by Formula demonstrates a clear commitment to upscale design and functionality. From its adaptable stern sunpad and solid deck construction to its well-appointed galley and comfortable private accommodations, this yacht offers a premium boating experience. The attention to detail in storage solutions, lighting, and materials underscores the difference that quality craftsmanship makes in a cruiser of this class.

Rating: 4.3 out of 5

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 Formula 40 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 Motor Yacht 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$ 322,150
Total Payment$575,992.23
Monthly payment
$2,399.97/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 Formula 40 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 Motor Yacht 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$ 322,150
Total Payment$575,992.23
Monthly payment
$2,399.97/mo

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Meet the Broker

Address

1515 SE 17th Street
Suite 125
Fort Lauderdale, FL 33316

Boat Location

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