1987 Magnum 70 Convertible

The 1987 Magnum 70 Convertible, known as “Triple Crown,” is a striking example of Italian design and engineering excellence. Designed by the renowned Pininfarina, this convertible sportfisher combines high-performance capabilities with luxurious craftsmanship. Extensively rebuilt in 2012, this vessel boasts a complete structural overhaul, ensuring it remains in pristine condition. Powered by twin CRM 18-cylinder diesel engines, each delivering 1,650 HP, the Magnum 70 achieves a top speed of 48 MPH and cruises comfortably at 30 MPH. With a fuel capacity of 1,200 gallons, it is well-suited for long-distance travel with a focus on speed and luxury. The Magnum 70 is ideal for affluent buyers who value performance and style. Its luxurious interior, complete with high-end finishes, makes it perfect for entertaining, while the custom sport bridge helm offers fighter-jet style joystick controls for an exhilarating driving experience. However, potential buyers should consider the high maintenance costs associated with its performance-oriented components and the high fuel consumption at cruising speeds. Located in Miami Beach, FL, “Triple Crown” is a rare opportunity to own a piece of nautical artistry, meticulously maintained by a professional crew. With a recent survey valuing it at $3,000,000, this vessel is competitively priced at $899,000, making it an enticing option for those seeking a high-performance luxury yacht.

["70' Magnum 70 ConvertibleMiami Beach, FloridaTriple Crown All trades considered! A rare and striking example of Italian design and performance, “Triple Crown” is a 70' Magnum Convertible originally designed by Pininfarina and extensively rebuilt with no expense spared. This yacht represents a unique blend of high-performance engineering, luxury craftsmanship, and timeless styling. Completely rebuilt from the stringers up during an extensive refit completed in 2012, the vessel has been meticulously maintained by a professional captain and crew for more than two decades. The result is a yacht that delivers both exhilarating performance and exceptional comfort for entertaining or cruising. A recent survey completed in 2019 valued the vessel at $3,000,000 with a replacement value of $6,500,000. Detailed invoices documenting the rebuild and upgrades are available for qualified buyers. Vessel Specifications Length Overall: 70' Beam: 17' Draft: 4' Year: 1987 / Refit 2012 Hull Material: Fiberglass Engines: Twin CRM 18-Cylinder Diesel Engines 1,650 HP Each Cruise Speed: 30 MPH Top Speed: 48 MPH Fuel Capacity: 1,200 Gallons Generator: Northern Lights 20KW Highlights • Complete structural rebuild (2012) • Designed by renowned Italian design house Pininfarina • Custom sport bridge helm with fighter-jet style joystick controls • Extensive luxury interior refit • Multiple surveys available • Professionally maintained with open-checkbook program Interior Features The interior of Triple Crown was completely redesigned to provide a unique entertainment environment rarely seen in yachts of this size. Upper Salon • Full wet bar with refrigeration and icemaker • Granite countertops • Pop-up Samsung TV • Leather bar stools • Suede and leather seating • Integrated LED lighting system Lower Lounge • Large U-shaped seating area • Hidden audio/visual equipment • Built-in cigar humidor • Sub-Zero refrigeration drawers • Wine cooler • Custom liquor display storage Electronics • Furuno NavNet chartplotter • Furuno radar • Furuno depth sounder • Simrad AP26 autopilot • FLIR night vision • ACR Global EPIRB • Dual Icom VHF radios • Engine room and underwater camera systems Mechanical • Twin CRM diesel engines – 1,650 HP each • ZF transmissions • Arneson surface drives • Spare propellers included • Northern Lights 20KW generator • Mastervolt battery chargers Deck & Cockpit • Spacious cockpit with custom seating • Stainless spiral staircase to sport bridge • SeaDek cockpit flooring • Boarding stairs port and starboard • Custom swim ladder Notable History The vessel underwent two extensive rebuilds during its lifetime. The most significant renovation occurred between 2005 and 2012 following hurricane damage, when the yacht was rebuilt down to the hull and structural components. More than $6 million was invested to create the yacht seen today. Magnum 70 Background The Magnum 70 series represents one of the most distinctive high-performance yachts produced by Magnum Marine. Early examples of the Magnum 70 were equipped with powerful CRM diesel engines and designed to deliver exceptional speed, handling, and long-range cruising capability. One of the first Magnum 70 models, delivered in 1989 with twin CRM 1,800 horsepower diesel engines, operated extensively in Japan's Inland Sea. Prior to entering service, the vessel underwent traditional Japanese blessing ceremonies performed by both Shinto and Buddhist priests, a customary practice intended to purify and protect the vessel during its voyages. The yacht operated successfully in Japan for many years and developed a reputation for reliability and durability. Decades later, the vessel continued to remain in service, demonstrating the strength of the Magnum hull design and engineering. Today the Magnum 70 series remains highly regarded for its combination of Italian styling, powerful performance, and custom craftsmanship. "]

The Magnum 70 Convertible is a testament to Magnum Marine's dedication to high-performance luxury yachts. Designed by Pininfarina, this vessel combines speed, style, and luxury in a way that few others can. With a complete rebuild in 2012, 'Triple Crown' offers a modernized experience while retaining its classic charm. The twin CRM 18-cylinder engines provide exhilarating performance, making it ideal for high-speed coastal cruising and luxury entertaining. The build quality of Magnum yachts is exceptional, with a focus on durability and high-end finishes. However, potential owners should be prepared for high maintenance costs and fuel consumption, typical of performance-oriented yachts. A marine surveyor would likely focus on the electrical systems and gelcoat condition, given the common issues reported by owners. This yacht is best suited for affluent individuals who prioritize speed and luxury, and who appreciate the prestige associated with the Magnum brand. While it may not offer as much interior space as some competitors, its performance and design make it a standout choice for those seeking a high-performance luxury experience.