Yachts for sale / Formula 34 Performance Cruiser

2003 Formula 34 Performance Cruiser

Miami, FL, US 35.6 ft · 11.42 ft' beam 2 cabins
Asking
$139,790
Our Thoughts

This 2003 Formula 34 Performance Cruiser represents a compelling ownership opportunity, substantially enhanced by a 2018 repower featuring triple Yamaha F350 V8 outboards—a transformative upgrade that has modernized the vessel while preserving the platform's core design strengths. With just 460 hours on the new engines, the mechanical foundation is essentially fresh, delivering the reliability and service accessibility that contemporary outboard propulsion provides.

The Formula 34 PC's deep-V hull design remains one of the platform's defining characteristics, engineered to deliver a confident, stable ride through variable conditions while maintaining the kind of premium fit and finish that has made Formula a respected name in the performance cruiser segment. At 35.58 feet in length with an 11.42-foot beam, the vessel balances genuine offshore capability with manageable single-slip accommodations.

Propulsion and Systems

The triple Yamaha F350 V8 outboard configuration—totaling 1,050 horsepower—provides both the performance envelope and the practical advantages of modern outboard technology. This repower has eliminated the weight and space constraints of the original inboard setup, creating substantial additional storage where the engine room previously existed. The Yamaha Helm Master / Sea Vessel integrated digital control system manages the outboard package with precision, while dual Garmin GPS displays with integrated sonar provide navigation and fishfinding capability. The hydraulic system has been completely renewed, and all water and engine filters have been recently serviced, supporting continued reliable operation.

Power and Comfort Infrastructure

Recent upgrades to the vessel's electrical systems include ten new batteries covering both house and engine banks, ensuring robust starting capability and extended auxiliary power. A brand-new air conditioning system maintains cabin comfort during extended anchoring or dockside periods, while an onboard generator provides independent power generation. The 200-gallon fuel capacity supports extended cruising range, and the 55-gallon water capacity sustains multi-day passages.

Cabin and Entertainment

Below deck, the air-conditioned cabin layout includes a full galley, enclosed head with shower, forward berth, convertible dinette, and mid-cabin lounge—a configuration that supports both cruising couples and small groups. The cockpit design prioritizes entertainment and comfort, featuring wrap-around seating, a wet bar with integrated sink and refrigeration, and a wide swim platform that facilitates water access and retrieval. A walk-through windshield connects the cockpit to a spacious foredeck sunpad area, creating multiple social zones throughout the vessel.

Audio entertainment is handled by a JL Audio premium sound system with upgraded marine speakers and subwoofer, delivering quality reproduction in the marine environment.

Ownership Context

The combination of the 34 PC's proven hull design, the modern reliability of the 2018 outboard repower, recent major systems renewals, and the relatively low engine hours creates a vessel positioned for confident cruising and entertaining. The outboard configuration has also improved draft characteristics and eliminated traditional inboard maintenance considerations, practical advantages that resonate with owner-operators seeking both capability and ease of operation.

Provided listing description Click to read the original broker text

2003 Formula 34 PC — Triple Yamaha 350 V8 (2018 Repower) — 460 HoursA rare and exciting Formula 34 Performance Cruiser re-powered in 2018 with triple Yamaha F350 V8 outboards showing only 460 hours.  The conversion provides modern reliability, speed, and easy service access while preserving Formula’s legendary deep-V ride and premium fit and finish. Highlights Triple Yamaha F350 V8 Outboards (2018 install) — 460 original hours (2) Garmin GPS Displays with integrated sonar and navigation Yamaha Helm Master / Sea Vessel system with full digital controls JL Audio Premium Sound System — upgraded marine speakers and subwoofer Brand-New Hydraulic System All water and engine filters recently serviced (10) New Batteries — house and engine banks upgraded Brand-New Air Conditioning System Generator for full cabin comfort at anchorLayout & FeaturesThe 34 PC delivers a well-appointed cockpit designed for entertainment and comfort: wrap-around seating, wet bar with sink and fridge, and a wide swim platform for water access. A walk-through windshield leads to a spacious foredeck sunpad area. Below deck, the air-conditioned cabin features a full galley, enclosed head with shower, forward berth, convertible dinette, and mid-cabin lounge. Formula’s trademark craftsmanship and quality materials are evident throughout. PerformanceThe 34 PC’s deep-V hull and triple Yamaha power deliver confident cruising and thrilling top-end performance. The outboard conversion adds efficiency, reduces draft, and creates large storage space where the old engine room once was.

2003 Formula 34 Performance Cruiser with Triple Yamaha F350 Outboards – Miami
Overview
The 2003 Formula 34 Performance Cruiser represents a compelling blend of classic yacht design and modern propulsion technology. This 35.58-foot express cruiser was originally engineered by Formula to deliver the brand's signature deep-V hull performance and premium interior appointments. The vessel has been substantially upgraded with a 2018 repower featuring triple Yamaha F350 V8 outboard engines, a transformation that infuses contemporary reliability, fuel efficiency, and serviceability into a proven platform. With only 460 original hours logged since the engine conversion, this Formula offers the handling characteristics and build quality the model is known for, paired with the advantages of modern marine propulsion and digital helm systems. Located in Miami , Florida, the 34 PC positions itself as an accessible entry point for buyers seeking a mid-sized cruising yacht with genuine offshore capability, comfortable cabin accommodations, and the performance envelope to handle both day trips and extended coastal cruising.
Hull Design and Performance Characteristics
Formula's deep-V hull design has long been recognized for its ability to manage rough water with stability and predictability. The 34 PC's hull form, combined with its 11.42-foot beam and 35.58-foot length, creates a platform that balances interior volume with seakeeping ability. The deep-V profile cuts through chop and provides the kind of ride quality that makes longer passages less fatiguing for crew and passengers. The triple Yamaha F350 V8 outboard configuration delivers a total of 1,050 horsepower, a substantial power package that enables the vessel to reach cruising speeds while maintaining the efficiency benefits of modern four-stroke outboard technology. The 2018 repower is particularly significant; it replaces aging inboard engines with outboards that require less routine maintenance, offer simpler winterization protocols, and eliminate the weight and complexity of a traditional engine room. This conversion also frees up internal volume that was previously dedicated to mechanical systems, expanding usable storage and improving the boat's weight distribution. The outboard setup reduces draft compared to the original inboard configuration, an advantage for exploring shallow anchorages and coastal waterways.
Helm and Navigation Electronics
The helm station is equipped with a modern digital command center designed for ease of operation and situational awareness. Two Garmin GPS displays provide integrated sonar and navigation capability, allowing the operator to monitor water depth, identify bottom structure, and track the vessel's position with precision. These displays integrate with the vessel's navigation systems and offer the kind of redundancy serious cruising requires. The Yamaha Helm Master digital control system represents a significant quality-of-life upgrade, replacing mechanical throttle and shift cables with electronic, proportional controls. This system allows fingertip adjustment of engine trim, throttle position, and shift operations from the helm, reducing fatigue during extended cruising and improving precision when maneuvering in tight spaces or challenging conditions. The integration of full digital controls across the triple outboard package means that engine management, monitoring, and diagnostics are handled through a unified interface, streamlining the operator's workload and enhancing safety.
Cabin Layout and Interior Accommodations
Below the waterline, the Formula 34 PC delivers genuine cruising comfort in a compact footprint. The air-conditioned cabin is the centerpiece of the interior, with an enclosed head featuring a shower—an essential amenity for extended voyages or overnight anchorages. The forward berth provides a private sleeping area, while the convertible dinette offers flexible sleeping or dining configuration depending on the cruising itinerary. A mid-cabin lounge area provides additional seating and lounging space, allowing crew and guests to remain comfortable during periods at anchor or in port. The galley is positioned to support meal preparation, with adequate counter space and storage for provisions. The combination of air conditioning and a generator ensures that cabin comfort is maintained regardless of external conditions or whether the vessel is underway or anchored. This infrastructure supports the kind of extended cruising where climate control and reliable power become essential rather than luxuries.
Cockpit and Deck Design
The topside experience centers on an entertainment-focused cockpit layout. Wrap-around seating creates a social gathering space, while a wet bar with integrated sink and refrigeration supports entertaining and provisioning for longer outings. This configuration transforms the cockpit into a hub for both relaxation and hospitality, whether the vessel is anchored in a scenic location or docked at a marina. Forward of the windshield, a spacious foredeck sunpad area provides an additional lounging zone, taking advantage of natural light and forward views. A walk-through windshield design allows easy passage between the helm station and the foredeck, improving flow and accessibility. The wide swim platform at the transom facilitates water access, whether for swimming, water sports, or boarding from a tender.
Recent Service and Systems Upgrades
The vessel's recent maintenance history underscores a commitment to operational reliability and systems integrity. A brand-new hydraulic system ensures smooth operation of trim, tilt, and any other hydraulic-dependent functions across the triple outboard package. All water and engine filters have been recently serviced, a foundational maintenance task that directly impacts engine longevity and performance. The house and engine battery banks have been upgraded with ten new batteries, providing robust electrical capacity for the cabin systems, engine starting, and auxiliary loads. A brand-new air conditioning system guarantees that cabin climate control operates at full capacity, essential for comfort during Miami's warm seasons and for maintaining interior conditions during extended anchorages. The inclusion of a generator rounds out the electrical infrastructure, enabling full cabin operation—air conditioning, galley appliances, and interior lighting—without requiring the main engines to run. This capability extends the vessel's range and flexibility, allowing comfortable anchorages without the noise and fuel consumption of running the primary power plants.
Equipment and Amenities
The JL Audio premium sound system elevates the entertainment experience, with upgraded marine speakers and a subwoofer that deliver quality audio throughout the cabin and cockpit. This system supports everything from radio and streaming audio to navigation alerts and communication systems, all with the fidelity and durability expected in a marine environment. The combination of Garmin electronics, Yamaha digital controls, and premium audio reflects a vessel that has been thoughtfully updated with systems that enhance safety, ease of operation, and onboard quality of life. These are not cosmetic upgrades; they are functional improvements that directly impact the cruising experience.
Why This Vessel Merits Consideration
The 2003 Formula 34 Performance Cruiser with triple Yamaha F350 repower occupies a unique position in the mid-sized cruising market. It offers the proven seakeeping and construction quality associated with the Formula brand, combined with the modern propulsion technology and systems reliability that contemporary boating demands. The 460-hour engine count on a 2018 repower means the powertrain is essentially in its infancy, with the majority of its service life ahead. For buyers seeking a capable cruising platform that can handle offshore conditions, accommodate a small family or cruising partner comfortably, and deliver the kind of performance that makes passages enjoyable rather than endured, this Formula represents genuine value. The Miami location provides immediate access to the Bahamas , the Florida Keys, and the broader Atlantic cruising grounds. The recent investments in mechanical systems, electrical infrastructure, and interior amenities mean the new owner can focus on cruising rather than remedial maintenance. The deep-V hull continues to deliver the ride quality that defined the 34 PC when it was new, while the modern outboard propulsion and digital helm systems bring the vessel's operational character firmly into the contemporary era. This is a boat built for serious cruising, equipped for extended passages, and prepared for immediate use.
Length
35.6 ft
Beam
11.42 ft'
Year
2003
Builder
Formula
Model
34 Performance Cruiser
Cabins
2

Fly Yachts is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Cloud Yachts. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel.

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