2004 Formula 37 Performance Cruiser
|Shelter Island, NY
$135,000
Length
Beam
Engine Make
Engine Power
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Power & Mechanical — The Headline
- Both engines rebuilt, winter 2024/25 — you begin ownership with fresh power, not a question mark.
- New exhaust risers and manifolds installed at the same time — the classic big-block-gas wear items, already addressed.
- Twin MerCruiser 496 MAG (8.1L), 375 hp each on Bravo III drives — torquey, proven, and ideally suited to a cruiser of this weight.
- Kohler 7.3 kW generator with just 78 hours — effectively like-new.
- Complete service records available for review.
- Low hours since the 2024/25 rebuild, with a clean engine room that backs up the maintenance story at a glance.
The 496 is a beloved powerplant in this hull — strong off the holeshot, relaxed at cruise, and easy to live with. With both engines freshly rebuilt and the exhaust renewed, the heavy mechanical lifting is done and documented.
Provenance & Care — Condition Like This Is Rare
- Two-owner boat, purchased by the current owner directly from the original owner in 2018.
- Originally a freshwater boat — no early saltwater life, the single biggest factor in long-term hull, hardware, and engine health.
- Lift-kept in a boatshed every summer during her freshwater years — no bottom growth, no blistering, no standing in the water.
- Stored indoors every winter since new — and still is today — no weather, no UV, no freeze cycles.
- Lightly used in saltwater under current ownership, always conscientiously maintained.
- Meticulously maintained and extremely clean throughout, with service records available.
Disclaimer
We provide this yacht listing in good faith, and although we cannot guarantee its accuracy or the condition of the boat. The South Jersey Yacht Sales - CCM is pleased to assist you in the purchase of this vessel. This boat is centrally listed by SI Yachts – Montauk Office. She is subject to prior sale, price change, or withdrawal without notice and does not imply a direct representation of a specific yacht for sale.
MANUFACTURER: Formula
BOAT TYPE: Cruisers
MODEL: 37 Performance Cruiser
HULL MATERIAL: Fiberglass
YEAR: 2004
CATEGORY: Power
BEAM: 12 ft
LENGTH: 37 / 11.28 m
DRY WEIGHT: 16,500 lb
ENGINE 1
MAKE: Mercruiser
MODEL: 496 MAG 8.1L
FUEL: unleaded
POWER: 375 HP
TYPE: Inboard
HOURS: N/A
LOCATION: N/A
DRIVE: Stern
PROPELLER TYPE: N/A
YEAR:
ENGINE 2
MAKE: Mercruiser
MODEL: 496 MAG 8.1L
FUEL: unleaded
POWER: 375 HP
TYPE: Inboard
HOURS: N/A
LOCATION: N/A
DRIVE: Stern
PROPELLER TYPE: N/A
YEAR:
FUEL TANK CAPACITY: 236 gallons
FUEL TANK COUNT: 1
WATER TANK CAPACITY: 55 gallons
WATER TANK COUNT: 1
HOLDING TANK CAPACITY: 57 gallons
HOLDING TANK COUNT: 1
- Full burl-wood dash with the signature Formula wheel and complete analog instrumentation
- Updated dual-screen Raymarine multifunction displays (GPS/chartplotter + radar)
- Raymarine radar (radome) on the arch
- VHF, compass, trim tabs, and Bravo III drive trim at the helm
- Lewmar bow thruster for easy, confident close-quarters handling
- Electric anchor windlass
- Halon / fire-suppression system
Built to entertain and to cruise. Highlights include the sport/radar arch with a full camper-canvas enclosure (in good condition) that turns the cockpit into all-weather living space, a walk-through windshield to the bow, and the integrated full-beam swim platform with non-skid. Deep navy painted hullsides over a crisp white bottom give her a look that turns heads at the dock and on the mooring.
- Forward master stateroom with double berth, hanging lockers, and privacy curtain
- Convertible aft cabin (settee/double berth) aft of the salon
- Salon with curved UltraLeather seating and convertible dining table
- Full galley in high-gloss cherry: solid-surface countertop, stainless sink, ceramic two-burner cooktop, microwave, refrigerator, and flat-screen TV
- Private head compartment with shower
- Reverse-cycle air conditioning and heat for comfort in any season
- Seaward 11-gallon hot water heater, shore power, Kohler 7.3 kW generator (78 hrs), and the dovetailed, high-gloss joinery Formula is known for
- Both engines rebuilt — winter 2024/25
- New exhaust risers and manifolds — winter 2024/25
- Kohler 7.3 kW generator — only 78 hours
- Updated dual-screen Raymarine MFDs
- Reverse-cycle A/C and heat
- Lewmar bow thruster and windlass
- Complete service records available
Formula has spent decades earning a reputation for build quality, resale strength, and factory support that owners rave about long after the sale. The 37 PC pairs that pedigree with genuine performance and an interior that punches well above a 37-footer’s weight. A documented two-owner history, freshwater origins, summers on a lift, indoor winters, and both engines freshly rebuilt — boats this clean and this well-sorted do not come along often, and they do not stay on the market long.
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.
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