2011 Mengi Yay 115
$2,995,000
Boat in Fort Lauderdale, FL 33315 US
Built in 2011
115
2 Engines (2x Caterpillar)
114.8 feet
Diesel
Fiberglass/Composite
COMPLETE 2025 REFIT - 5-STATEROOM LAYOUT - MAIN DECK MASTER
Fresh out of a complete "down to the walls" refit, M/Y PANACEA represents THE BEST buying opportunity for a 5 stateroom yacht anywhere in the world. PANACEA sports a fantastic layout perfect for charter or private use, featuring main deck master, 2nd full beam master, VIP forward, and 2 additional guest staterooms. The spacious aft deck features outboard lounges, new furniture, upholstery and overhead LED lighting. The flybridge on PANACEA rivals anything found on much larger vessels featuring a massive single flush deck arrangement w/ large sun deck aft w/ space for toys, dining and lounge space under the hardtop, and a bunny pad with jacuzzi and wet bar forward. You'll be hard pressed to find another yacht in this class to match the interior and exterior layout of PANACEA.
The refit just completed on PANACEA is noting short of amazing. Everything on the interior has been touched from every piece of interior wood & cabinetry, flooring, wall coverings, LED lighting retrofit, quartz counters in heads & galley, custom SkinRock Carrara marble in heads, fixtures, updated AV, AC system serviced, custom furniture, and the list goes on. Oh and that's just for the interior. The exterior also just received a huge upgrade with all new soft goods, deck furniture, rebuilt hot tub, refreshed teak & caulking, and also a complete paint job by Luu at LMC in 2022. The engine room also just received a makeover with complete services including heat exchangers and aftercoolers to the Cat C32 mains, generators and transmissions. The engine room floor and entry way was also freshly powdercoated.
Refit Updates Full documentation is available to prospective buyers.
Interior:
- New Engineered Hardwood Flooring, Main Deck
- New Custom Carpet on Stateroom Level
- New Interior Furniture, Salon & All Staterooms
- ALL Interior Wood Replaced or Refinished
- New Custom Cabinetry in Salon, Dining Area & Primary Suite
- New Wallcoverings Throughout
- Complete Interior Imtra LED Lighting Retrofit
- Updated Interior AV w/ Smart TV's, AppleTV 4K, Sonance Speakers, Starlink
- All Staterooms w/ Dedicated AV
- Heads Refinished w/ Custom Cabinetry, Quartz Counters, New Hardware & Custom Mirrors
- Custom SkinRock Polished Carrara Marble used for Head Flooring & Shower Walls
- Custom Bar in Salon w/ Backlit SkinRock, Drink Fridge & Slide-out Bottle/Glass Storage
- Custom Wireless Sheer Shades Throughout, Individual Zone Remotes
- Salon Window Frames Enlarged
Exterior:
- Complete Exterior Repaint by Luu @ LMC in 2022
- New Teak Caulking 2023/24
- New Exterior Upholstery on All Seating, Aft Deck, Flybridge, Hot Tub Bunny Pad & Bow
- New Custom Quartz Split Tables on Aft Deck, Dining or Cocktail Height
- New Flybridge Dining Furniture for 10
- New Flybridge Cocktail Table
- New Flybridge Deck Chairs
- Hot Tub Completely Rebuilt w/ All New Pumps & Controls
- Rebuilt Flybridge Helm Bimini Frame w/ New Stamoid Canvas
- New Sail Shades Over Hot Tub & Bunny Pad
Mechanical:
- Complete Mechanical ServicesHeat Exchangers w/ New Plates
- Aftercoolers Serviced
- Full Engine Services
- Full Transmission Services
- Full Generator Services
- Engine Room Deck Plates, Door Frame & Tool Benches Powdercoated
- Watermakers Serviced
- New Air Conditioning System for Crew Cabin
- AC System Completely Inspected
- All Air Handlers Inspected & Cleaned
- Complete Descale of AC System
- Chilled Loop Insulation Replaced Where Needed
- All Electronics Updated in Pilothouse & Flybridge Helm
If you're in the market for a Westport 112, Hargrave, or similar, you owe it to yourself to check out this stunning vessel. PANACEA will get you a main deck master, a 5 stateroom layout, a massive single-level flybridge with room for tender and jet ski yet still retains lounge space, PLUS a complete refit, all for $3-4M less.
Price History
| Date | Event | Price |
|---|---|---|
| 12/9/25 | Price decreased | $2,995,000(-14.3%) |
| 7/31/25 | Price decreased | $3,495,000(-2.8%) |
| 12/2/24 | Initial price | $3,595,000 |
Videos from Panacea Yacht Group on this 2011 Mengi Yay 115
2011 Mengi Yay 115 Video Tours
Overview from around the web 2011 Mengi Yay 115
Customers praise the 2011 Mengi Yay 115 for its exceptional craftsmanship and timeless design
Many highlight the spacious and elegant interior, which combines comfort with classic luxury. Owners appreciate the vessel's solid build quality and reliable performance, making it ideal for both leisurely cruises and longer voyages. The attention to detail in the woodwork and finishing touches consistently receives positive remarks. Overall, the 2011 Mengi Yay 115 is celebrated for blending traditional aesthetics with practical functionality, satisfying those seeking a refined sailing experience.
The Biggest Pros and Cons
The 2011 Mengi Yay 115 is a well-crafted yacht that offers a blend of classic design and modern features. Here are some pros and cons to consider:
Pros
Elegant Design: The Mengi Yay 115 features timeless lines and a graceful profile, making it a standout on the water.
Spacious Layout: Its generous interior and deck spaces provide ample comfort for extended cruising and entertaining guests.
Quality Construction: Built with attention to detail and high-quality materials, ensuring durability and seaworthiness.
Performance: Equipped with reliable engines and a hull design that offers smooth handling and stability.
Customization: Often comes with options for tailored interiors and equipment to suit owner preferences.
Cons
Age Considerations: Being a 2011 model, some onboard systems and technology may be dated compared to newer yachts.
Maintenance: As with any yacht of this size and age, upkeep can be time-consuming and potentially costly.
Fuel Consumption: Larger yachts like the Mengi Yay 115 typically have higher fuel consumption, impacting operating costs.
Maneuverability: Due to its size, it may require experienced handling, especially in tight marina spaces.
Made For
The 2011 Mengi Yay 115 is perfect for boating enthusiasts who appreciate luxury, spaciousness, and exceptional craftsmanship. Ideal for those seeking a stylish and comfortable yacht for both relaxing cruises and entertaining guests, it caters to families, couples, and groups who value quality design and performance on the water. Whether you're planning coastal adventures or serene day trips, this yacht offers the versatility and elegance to enhance your maritime experience.
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| $2,995,000 | $2,995,000 | $4,295,000 | $1,524,217 | $1,250,000 | $4,795,000 |
| Fort Lauderdale | Fort Lauderdale | West Palm Beach | Fort Lauderdale | Miami Beach | Palm Beach |
| - | - | - | 78' | 43' | - |
| 6' | - | - | - | - | - |
| Caterpillar | Caterpillar | MTU | Caterpillar | Volvo Penta | MAN |
| 1800 hp | 1800 hp | 2000 hp | 1825 hp | 480 hp | 1800 hp |
| 517 | 419 | 982 | 260 | 199 | 66 |
Meet the Broker
Address
Other Information about Panacea Yacht Group
Panacea Yacht Group, a Northeast-based yacht brokerage firm with a team extending to Florida and Mexico, caters to discerning clients seeking their dream vessels. Our team goes beyond traditional brokerage services, assisting with complex transactions and securing exclusive off-market opportunities for our clients.
Boat Location
Contact Panacea Yacht Group about 2011 Mengi Yay 115
608 Green Ave., Brielle, New Jersey, 08730
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