What are common maintenance issues for the Formula 382 SR-1?

Common issues include electrical system problems, minor gelcoat cracking, and occasional water intrusion in the cockpit area. Regular inspections and timely repairs can mitigate these issues.

What are the running costs associated with owning a Formula 382 SR-1?

Running costs include monthly storage fees of $300-$600, annual insurance of $3,000-$5,000, and annual maintenance ranging from $5,000-$10,000. Fuel costs at cruise speed can be $150-$250 per hour.

How does the Formula 382 SR-1 compare to alternatives like the Baja 38 Special?

The Formula 382 SR-1 is known for its superior build quality and high-speed performance. While alternatives like the Baja 38 Special offer similar performance, the Formula is often preferred for its durability and luxurious interior.

What is the condition of this specific 1996 Formula 382 SR-1?

This particular 1996 Formula 382 SR-1 has undergone a refit in 2023, ensuring it meets modern standards of performance and comfort. Its condition is well-maintained, making it a desirable option for buyers.

Is the Formula 382 SR-1 suitable for shallow waters?

Due to its deep-V hull design, the Formula 382 SR-1 is not ideal for shallow waters. It excels in offshore conditions where its stability and handling can be fully appreciated.

1996 Formula 382 SR-1 for Sale | Yacht Access

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$120,000

Description

The 1996 Formula 382 SR-1 is a stellar example of high-performance boating, combining speed, luxury, and durability. Known for its exceptional build quality, this model is a favorite among performance boating enthusiasts. The 382 SR-1 is powered by gas engines, offering exhilarating high-speed performance, and is built with a deep-V hull that ensures stability and smooth handling even in challenging offshore conditions. With a length of 38 feet and a beam of 9 feet, this vessel provides a thrilling ride while maintaining a comfortable interior. The recent 2023 refit enhances its appeal, ensuring modern standards of performance and comfort. Perfect for high-speed offshore cruising, this boat caters to those who appreciate both speed and luxury. While it boasts a luxurious interior for a performance boat, potential buyers should consider its high fuel consumption at top speeds and the premium maintenance costs associated with its high-quality parts. Located in Naples, Florida, this Formula 382 SR-1 is a compelling choice for those seeking a thrilling yet refined boating experience.

Full Listing Description

Exquisite 1996 Formula 382 SR-1 Center Console Indulge in a blend of classic design and modern sophistication with this one-of-a-kind, fully renovated 1996 Formula 382 SR-1, masterfully converted in 2023 from a high performance cuddy cabin cruiser into a luxurious center console. This exclusive vessel is a testament to unparalleled craftsmanship, offering a bespoke boating experience for the discerning buyer. Distinguishing Features: Triple 2018 Mercury 350 Verado Outboards: • Revel in the power and smooth performance of these reliable engines, ensuring an exhilarating yet refined journey on the water. • A custom manufactured aluminum transom bracket converted this twin-inboard/outboard go-fast boat into a triple outboard powerhouse. • Cruise at 55mph and top speed of 76mph! Complete Professional Overhaul: • Every detail has been meticulously attended to, with all wiring, plumbing, upholstery, and electronics newly installed to the highest standards. Custom Decks and Foam Flooring: • Cockpit decking was completely replaced with foam cored fiberglass. • The custom-installed closed cell foam flooring covers all floors, gunwales, and bow deck providing an unparalleled blend of comfort and style, while ensuring maximum safety and comfort. Exclusive Two-Tone Grey Gelcoat Hull: • The bespoke two-tone grey gelcoat finish offers a sophisticated and modern aesthetic, ensuring you make a statement wherever you go. Advanced Marine Electronics: • Outfitted with cutting-edge Garmin navigation, Mercury SmartCraft engine management, and Fusion entertainment system with 12 DS-18 speakers powered by two amplifiers, this boat promises a seamless, luxurious on-water experience. Premium Upholstery: • Luxurious, custom upholstery adds to the comfort and elegance, making this the perfect vessel for entertaining in style. This Formula 382 SR-1 center console is more than just a boat; it’s a work of art. Crafted for those who appreciate the finer things in life and value exclusivity, this unique vessel is perfect for elegant cruising, refined fishing, or sophisticated entertaining. Experience the epitome of nautical luxury and individuality with this extraordinary yacht. The custom triple-axle aluminum trailer is included with the vessel. All offers will be considered. Seize the opportunity to own this one-of-a-kind masterpiece. Contact us today to arrange a private viewing and experience the epitome of luxury boating.

Expert Review

The Formula 382 SR-1 is a standout in the high-performance powerboat market, renowned for its exceptional build quality and thrilling speed capabilities. Its deep-V hull design ensures excellent sea keeping, providing stability and responsive handling in offshore conditions. The recent 2023 refit adds to its appeal, offering modern enhancements that boost both performance and comfort. While the interior is luxurious for a performance boat, space is limited compared to traditional cruisers. Maintenance costs can be high due to the premium parts used in its construction, but the strong resale value and enduring brand reputation make it a worthwhile investment for enthusiasts. A marine surveyor would focus on inspecting the electrical systems, gelcoat condition, and potential water intrusion areas, typical of older models. This vessel is ideal for experienced performance boaters who value speed, luxury, and the prestige of owning a Formula.