• Slide: The Image of 2011 Formula 45 Yacht docked on a serene lake, showcasing sleek design and luxury. - 2The Image of 2011 Formula 45 Yacht docked on a serene lake, showcasing sleek design and luxury. - 2
  • Slide: The Image of 2011 Formula 45 Yacht docked by a wooden pier on a sunny day. - 3The Image of 2011 Formula 45 Yacht docked by a wooden pier on a sunny day. - 3
  • Slide: The Image of 2011 Formula 45 Yacht with striped sun loungers on deck, docked by serene waters. - 4The Image of 2011 Formula 45 Yacht with striped sun loungers on deck, docked by serene waters. - 4
  • Slide: The Image of 2011 Formula 45 Yacht docked on a serene lake under a clear blue sky. - 5The Image of 2011 Formula 45 Yacht docked on a serene lake under a clear blue sky. - 5
  • Slide: The Image of 2011 Formula 45 Yacht docked, view from the deck, showcasing sleek design and marina surroundings. - 6The Image of 2011 Formula 45 Yacht docked, view from the deck, showcasing sleek design and marina surroundings. - 6
  • Slide: The Image of 2011 Formula 45 Yacht docked, featuring sleek design and vibrant blue accents. - 7The Image of 2011 Formula 45 Yacht docked, featuring sleek design and vibrant blue accents. - 7
  • Slide: The Image of 2011 Formula 45 Yacht docked, featuring sleek design and wooden deck. - 8The Image of 2011 Formula 45 Yacht docked, featuring sleek design and wooden deck. - 8
  • Slide: The Image of 2011 Formula 45 Yacht named "Milk Money" docked at Sillery Bay, MD. - 9The Image of 2011 Formula 45 Yacht named "Milk Money" docked at Sillery Bay, MD. - 9
  • Slide: The Image of 2011 Formula 45 Yacht with open storage compartment, docked by the water. - 10The Image of 2011 Formula 45 Yacht with open storage compartment, docked by the water. - 10
  • Slide: The Image of 2011 Formula 45 Yacht deck with water hose connection and wooden flooring. - 11The Image of 2011 Formula 45 Yacht deck with water hose connection and wooden flooring. - 11
  • Slide: The Image of Interior view of a 2011 Formula 45 Yacht through clear enclosure. - 12The Image of Interior view of a 2011 Formula 45 Yacht through clear enclosure. - 12
  • Slide: The Image of Cockpit of 2011 Formula 45 Yacht with Raymarine navigation system and leather seating. - 13The Image of Cockpit of 2011 Formula 45 Yacht with Raymarine navigation system and leather seating. - 13
  • Slide: The Image of Control panel of a 2011 Formula 45 Yacht with advanced navigation systems and steering wheel. - 14The Image of Control panel of a 2011 Formula 45 Yacht with advanced navigation systems and steering wheel. - 14
  • Slide: The Image of Interior of a 2011 Formula 45 Yacht with modern navigation equipment and seating. - 15The Image of Interior of a 2011 Formula 45 Yacht with modern navigation equipment and seating. - 15
  • Slide: The Image of Interior view of a 2011 Formula 45 Yacht cockpit with luxurious seating and modern controls. - 16The Image of Interior view of a 2011 Formula 45 Yacht cockpit with luxurious seating and modern controls. - 16
  • Slide: The Image of Luxurious interior of a 2011 Formula 45 Yacht with scenic water view. - 17The Image of Luxurious interior of a 2011 Formula 45 Yacht with scenic water view. - 17
  • Slide: The Image of Interior view of 2011 Formula 45 Yacht cockpit with navigation controls and seating. - 18The Image of Interior view of 2011 Formula 45 Yacht cockpit with navigation controls and seating. - 18
  • Slide: The Image of Binders and manuals on a 2011 Formula 45 Yacht interior, overlooking water. - 19The Image of Binders and manuals on a 2011 Formula 45 Yacht interior, overlooking water. - 19
  • Slide: The Image of 2011 Formula 45 Yacht with white seating, wooden deck, and scenic water view. - 20The Image of 2011 Formula 45 Yacht with white seating, wooden deck, and scenic water view. - 20
  • Slide: The Image of Interior view of 2011 Formula 45 Yacht featuring a sleek kitchenette with sink and storage. - 21The Image of Interior view of 2011 Formula 45 Yacht featuring a sleek kitchenette with sink and storage. - 21
  • Slide: The Image of 2011 Formula 45 Yacht interior with open storage compartments and wooden flooring. - 22The Image of 2011 Formula 45 Yacht interior with open storage compartments and wooden flooring. - 22
  • Slide: The Image of Open refrigerator inside 2011 Formula 45 Yacht, showcasing spacious interior and shelving. - 23The Image of Open refrigerator inside 2011 Formula 45 Yacht, showcasing spacious interior and shelving. - 23
  • Slide: The Image of Interior of 2011 Formula 45 Yacht showing wooden cabinetry and a closed door. - 24The Image of Interior of 2011 Formula 45 Yacht showing wooden cabinetry and a closed door. - 24
  • Slide: The Image of 2011 Formula 45 Yacht docked, showcasing sleek blue hull and red accents. - 25The Image of 2011 Formula 45 Yacht docked, showcasing sleek blue hull and red accents. - 25
  • Slide: The Image of 2011 Formula 45 Yacht with TracVision satellite, lake view in background. - 26The Image of 2011 Formula 45 Yacht with TracVision satellite, lake view in background. - 26
  • Slide: The Image of Luxurious interior of 2011 Formula 45 Yacht with TV and plush seating. - 27The Image of Luxurious interior of 2011 Formula 45 Yacht with TV and plush seating. - 27
  • Slide: The Image of Modern kitchen interior of 2011 Formula 45 Yacht with sleek cabinetry and stainless steel appliances. - 28The Image of Modern kitchen interior of 2011 Formula 45 Yacht with sleek cabinetry and stainless steel appliances. - 28
  • Slide: The Image of Interior of 2011 Formula 45 Yacht with cozy seating and wooden cabinetry. - 29The Image of Interior of 2011 Formula 45 Yacht with cozy seating and wooden cabinetry. - 29
  • Slide: The Image of Interior of 2011 Formula 45 Yacht featuring cozy seating, wooden cabinetry, and modern design elements. - 30The Image of Interior of 2011 Formula 45 Yacht featuring cozy seating, wooden cabinetry, and modern design elements. - 30
  • Slide: The Image of Luxury kitchen area on a 2011 Formula 45 Yacht with stove and microwave. - 31The Image of Luxury kitchen area on a 2011 Formula 45 Yacht with stove and microwave. - 31
  • Slide: The Image of Interior of 2011 Formula 45 Yacht with elegant cabinetry and glassware storage. - 32The Image of Interior of 2011 Formula 45 Yacht with elegant cabinetry and glassware storage. - 32
  • Slide: The Image of Interior view of a 2011 Formula 45 Yacht, featuring a hallway and wooden door. - 33The Image of Interior view of a 2011 Formula 45 Yacht, featuring a hallway and wooden door. - 33
  • Slide: The Image of Luxurious cabin interior of a 2011 Formula 45 Yacht with plush bedding. - 34The Image of Luxurious cabin interior of a 2011 Formula 45 Yacht with plush bedding. - 34
  • Slide: The Image of Luxurious bathroom in 2011 Formula 45 Yacht with modern fixtures and elegant design. - 35The Image of Luxurious bathroom in 2011 Formula 45 Yacht with modern fixtures and elegant design. - 35
  • Slide: The Image of Interior of 2011 Formula 45 Yacht bathroom with shower and storage items. - 36The Image of Interior of 2011 Formula 45 Yacht bathroom with shower and storage items. - 36
  • Slide: The Image of Wooden cabinetry inside a 2011 Formula 45 Yacht, featuring sleek handles and polished finish. - 37The Image of Wooden cabinetry inside a 2011 Formula 45 Yacht, featuring sleek handles and polished finish. - 37
  • Slide: The Image of Control panel of a 2011 Formula 45 Yacht with Volvo Penta display. - 38The Image of Control panel of a 2011 Formula 45 Yacht with Volvo Penta display. - 38
  • Slide: The Image of Control panel of a 2011 Formula 45 Yacht with Raymarine E Series displays. - 39The Image of Control panel of a 2011 Formula 45 Yacht with Raymarine E Series displays. - 39
  • Slide: The Image of Open storage compartment on 2011 Formula 45 Yacht, featuring coiled hose and anchor chain. - 40The Image of Open storage compartment on 2011 Formula 45 Yacht, featuring coiled hose and anchor chain. - 40
  • Slide: The Image of Engine room of 2011 Formula 45 Yacht with Westerbeke generator and metal ladder. - 41The Image of Engine room of 2011 Formula 45 Yacht with Westerbeke generator and metal ladder. - 41
  • Slide: The Image of Engine compartment of a 2011 Formula 45 Yacht, featuring Volvo Penta IPS 600 engines. - 42The Image of Engine compartment of a 2011 Formula 45 Yacht, featuring Volvo Penta IPS 600 engines. - 42
  • Slide: The Image of Engine room of a 2011 Formula 45 Yacht with Volvo Penta engines. - 43The Image of Engine room of a 2011 Formula 45 Yacht with Volvo Penta engines. - 43
  • Slide: The Image of Owner information binder for 2011 Formula 45 Yacht on beige seat. - 44The Image of Owner information binder for 2011 Formula 45 Yacht on beige seat. - 44
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2011 Formula 45 Yacht

$430,000

Used

Boat in Pasadena, MD 21122 US

builtBuilt in 2011
Year the boat was built
model

45 Yacht

Boat model
engine

2 Engines (2x VOLVO)

Engine type and count
length

48 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

Milk Money is an absolutely stunning Formula 45 Yacht that delivers the perfect blend of luxury, performance, and unmistakable style. Maintained in excellent condition, this sleek express cruiser is turnkey and ready for unforgettable weekends on the water in the Chesapeake Bay area.

Powered by twin Volvo Penta IPS 600 diesel engines with joystick docking, Milk Money offers exhilarating performance, effortless maneuverability, and a smooth, confident ride. The oversized cockpit is designed for entertaining with expansive lounge seating, a fully equipped wet bar, premium sound system, electric sunroof, and a massive aft sun lounge leading to the hydraulic swim platform. She also features a full cockpit enclosure and new cushions on the forward deck loungers, creating the perfect setup for relaxing or entertaining in comfort.

Primarily enjoyed for short cruises to and from the local yacht club on the Chesapeake Bay, Milk Money has seen exceptionally light use throughout the interior living spaces. The showers, galley appliances, and overnight accommodations have been minimally used, contributing to the yacht's outstanding condition and well-preserved interior.

Step below and experience a sophisticated, high-end interior with upscale finishes, designer styling, and an inviting open layout that rivals much larger yachts. The spacious accommodations include two private staterooms, two heads, a convertible salon, and a beautifully equipped galley with Corian countertops, refrigerator/freezer, convection microwave, and electric cooktop. Premium amenities include air conditioning, Bose entertainment systems, Raymarine electronics, generator, inverter, and luxury touches throughout. All manuals and documentation are neatly organized, reflecting the level of care and ownership this yacht has received.

Located in the Chesapeake Bay region, Milk Money is an exceptional opportunity to own a luxury express yacht that stands out everywhere she goes.

Nominal Length
48ft
Length Overall
48.17ft
Beam
20.67ft
Cabins
2
Heads
2
Fresh Water Tanks
100gal
Fuel Tanks
350gal
Holding Tanks
75gal
Hull Material
fiberglass
Hull Shape
monohull
Engine 1
Engine Make
VOLVO
Engine Model
PENTA
Engine 2
Engine Make
VOLVO
Engine Model
PENTA
Layout & Accommodations

2 Stateroom / 2 Head Layout
Owners’ centerline bed with mattress
Private guest stateroom with twin beds converting to queen berth
U-shaped salon seating converts to double berth
Ralph Lauren cabin decor
Ash Finish upper cabinets
Deep Zebra Brown lower cabinets
Adjustable-height dining table with two pedestal stools
40" widescreen LCD HDTV with Bose® surround sound system
stereo system with CD changer, subwoofer & iPod dock
Hanging lockers
Separate owner’s shower compartment
VacuFlush heads with holding tank & dockside pumpout
Carbon monoxide detector
Twin skylights and blinds/screens
Stainless Steel Safe in owners cabin

Galley

L-shaped galley layout
Full Night Sky Corian® countertops
Double-bowl stainless steel sink
2-burner electric cooktop with cover brand new Convection / microwave oven
Upright refrigerator/freezer w/ Icemaker
Concealed in-counter trash container
Exhaust fan
Lighted wine rack and stemware storage
Ash Flooring

Deck & Equipment

Electric windlass with chain counter & stainless anchor
Stainless steel rails & hardware throughout
Full-width swim platform with concealed ladder
Motorized coupe-top sunroof
Curved glass windshield with walk-thru access
Windshield wipers & washers
Raymarine Auto Pilot
Dual air horn
Cockpit wet bar with refrigerator & sink
Aft sun lounge with dual-height Corian® tables
Cockpit cushions & custom carpet
Molded transom trunk with storage
Transom shower
Cockpit table
Hydraulic bathing platform
Sunbrella® cockpit enclosures & curtains
Swim ladder
Freshwater washdown system
Remote-control searchlight
Cockpit grill
Underwater Blue Lights

Electronics & Navigation

Raymarine™ E120 chartplotter
Raymarine™ ST-70 color display
GPS navigation system
VHF radio
AIS
Radar
RayMarine Autopilot
Depthsounder
Sirius Satelite Weather
Electronic engine monitoring displays
Volvo IPS joystick docking system
Electronic shift & throttle controls
compass
Cockpit speakers
Bose® cabin entertainment systems
stereo system

Electrical, Power & Plumbing

220V shore power
11.5 KW diesel generator with sound shield
Inverter
80-amp & 40-amp battery chargers
Four starting batteries & two auxiliary batteries
Operating systems electrical panel
Remote battery parallel emergency switch
Demand freshwater system
Freshwater tank gauge
Air conditioning M# Track vision 30,000 BTU
Automatic bilge pumps
Bilge high-water alarm
Electric bilge pump
Shore power inlet

Engine & Mechanical

Twin Volvo Penta IPS 600 diesel engines
Pod drive propulsion system
Approx. 380 engine hours
6-blade propellers
QL trim tabs
Motorized engine hatch lift

Additional Information

IPA Anti Fouling Coating
Electric windlass
Deadrise at transom: 18 degrees
Boat has been stored on lift and has white antifouling coating.

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
5/27/26Initial price$430,000

Videos from The Catamaran Company on this 2011 Formula 45 Yacht

Contact The Catamaran Company

4005 N Federal Highway , Suite 200, Fort Lauderdale, FL, 33308

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from The Catamaran Companyat the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

Kevin Steeve from BoatTest.com provides an in-depth look at Formula Boats, focusing on their claims regarding superior fit and finish. The review aims to verify whether the quality and attention to detail touted by Formula truly distinguish their vessels.

Exterior Design and Finish

Walking along the hull side, the smooth and glossy surface immediately stands out, attributed to the application of an Imron finish rather than the more common gel coat. This multi-step, challenging process is a hallmark of Formula's commitment to quality and durability. The Imron finish not only enhances aesthetics but also contributes to the boat's longevity and resistance to wear.

Attention to Detail and Human-Centered Design

Formula emphasizes thoughtful design elements that enhance the onboard experience. For example, stainless steel grab rails are installed on the back of seats instead of the typical upholstered handrails, providing both durability and a refined look. The cockpit entry features a spring-loaded door that opens and closes smoothly without the need to fumble for a latch, and its outward curve increases interior space. Storage solutions are carefully integrated; a dedicated compartment beneath a hinged cushion neatly houses the entertaining table and its legs, ensuring everything has a designated place and reducing clutter.

Interior Craftsmanship and Fit

Inside the forward stateroom, the precision of construction is evident where sidewalls and headliners meet in a perfectly straight line without the need for bead welt to conceal imperfections. The cabinetry showcases expert craftsmanship with perfectly aligned lines and dovetail joinery on the drawers—a detail increasingly rare in modern boatbuilding. The drawers close uniformly, reflecting meticulous attention to fit and finish throughout the interior.

Conclusion

The inspection confirms that Formula Boats deliver on their promises of superior fit, finish, and thoughtful design. The combination of advanced finishing techniques, human-centered details, and expert joinery collectively contribute to a high-quality boating experience. This review provides valuable insights for prospective buyers evaluating Formula's offerings.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2011 Formula 45 Yacht. 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$ 365,500
Total Payment$653,500.42
Monthly payment
$2,722.92/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2011 Formula 45 Yacht. 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$ 365,500
Total Payment$653,500.42
Monthly payment
$2,722.92/mo

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Meet the Broker

Address

4005 N Federal Highway
Suite 200
Fort Lauderdale, FL 33308

Boat Location

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Contact The Catamaran Company about 2011 Formula 45 Yacht

4005 N Federal Highway , Suite 200, Fort Lauderdale, FL, 33308

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from The Catamaran Companyat the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

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