2003 Formula 31 Performance Cruiser
$47,900
Boat in Newport Beach, CA 92660 US
31 Performance Cruiser
2 Engines (2x MerCruiser)
31 feet
Gas
Fiberglass/Reinforced
Formula 31 Express Cruiser -
Generator, Air Conditioning, New Camper Canvas -
Turnkey & Exceptionally Maintained
The 2003 Formula 31 Express Cruiser is a highly regarded express cruiser known for its solid offshore capability, refined handling, and comfortable cruising layout.
This example presents as a well-maintained, turnkey vessel equipped for
extended weekends and coastal cruising, featuring key upgrades and
comfort systems that enhance usability and value.
KEY FEATURES
- Onboard generator for full off-grid cruising capability
- Air conditioning & heat for all-season comfort
- New camper back enclosure expands cockpit usability
- Spacious cockpit designed for entertaining and relaxation
- Convertible cabin layout with forward berth & mid-cabin
- Fully equipped galley for extended weekends onboard
- Enclosed head with shower
- Deep-V Formula hull known for stability and performance
- Well-maintained presentation throughout
INTERIOR
Below deck, the Formula 31 offers a surprisingly open and functional layout for its class. The salon provides convertible seating and sleeping accommodations, while the forward berth and mid-cabin allow flexible overnight arrangements.
The galley is well-equipped for weekend cruising, and the enclosed head adds comfort and convenience for extended stays aboard.
COCKPIT & DECK
The cockpit is one of the strongest features of this model, designed for socializing and extended time on the water.
- Open, functional seating layout
- Excellent flow between helm and lounge areas
- New camper enclosure significantly increases usable space
- Ideal for entertaining or all-weather cruising
PERFORMANCE
Built on Formula's proven deep-V hull, the 31 Express Cruiser delivers a confident, smooth ride with excellent handling characteristics. It is well-suited for coastal cruising, weekend trips, and extended day runs.
CONDITION
This Formula 31 Express Cruiser has been consistently maintained and presents well overall. Systems are reported operational, and the boat reflects pride of ownership rather than deferred maintenance.
A strong turnkey opportunity for a buyer seeking immediate enjoyment without major upgrades or refit work.
Offered at $47,900, this Formula 31 Express Cruiser is positioned competitively within the current market for fully equipped express cruisers.
- Comparable vessels often lack generator or air conditioning
- Many require canvas or enclosure updates
- This example offers immediate usability and upgraded comfort systems
This combination of equipment, maintenance, and presentation makes it a standout value in its category.
Serious inquiries are welcomed. This vessel is available for private showings by appointment.
If you're looking for a well-equipped, turnkey express cruiser that is ready for immediate enjoyment, this Formula deserves strong consideration.
New Full Enclosure w Bimini & Camper Back
Swim Platform w Ski Tow Ring
Wet Bar w Ice Maker
Multiple Storage Areas
U shaped aft seating w foldaway transom Seat
Port Side Chaise Seating & Double Helm Seat
Removable Cockpit Table, Converts to sun pad
Transom Shower
Docking Lights & Spotlight
Windlass
Fender Baskets & Clamp on Rod Holders
Raymarine E90 Digital Touch Screen Unit
Raymarine Digital Radar
Standard Horizon VHF Radio w Ratchet Mount Antenna
Compass
Helm Stereo Controls
Livorsi Throttles
Fuel gauge, Fume detector
Engine synchronizer
Air Conditioned/ Heated Cabin
Sleeps 6 w Mid Cabin, Forward stateroom and Convertible dinette
Forward Berth w Privacy Curtain & Hanging Lockers
Double Mid Cabin w Curtain & Window
Vac-u-flush head w/holding tank and dockside pump-out
Shower
Exhaust fan
Vanity w Mirror & Cabinets
Central Vac
Flat Screen TV w Digital Antenna
Refrigerator/Freezer
Microwave
Corian Countertop
Stainless Steel Sink
Safety Grab Rail
7.2 KW Onan Generator
30 Amp Shore Power w 50' cord
Battery Charger
Multiple Batteries ( 2 House, 1 engine, 1 generator) w Crossover
6 Gallon Hot Water Heater
Hydraulic Engine Hatch
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.
Price History
| Date | Event | Price |
|---|---|---|
| 5/5/26 | No change | $49,900 |
| 4/24/26 | Price decreased | $47,900(-4.0%) |
Videos from South Mountain Yachts on this 2003 Formula 31 Performance Cruiser
2003 Formula 31 Performance Cruiser Video Tours
Overview from around the web 2003 Formula 31 Performance Cruiser
Customers have expressed high praise for the 2003 Formula 31 Performance Cruiser, highlighting its blend of performance and comfort
Many owners appreciate its sleek design and powerful engines, which offer impressive speed on the water while ensuring a smooth ride. Feedback often emphasizes the boat’s spacious layout, featuring a well-appointed interior with ample seating and sleeping accommodations, making it ideal for both day cruising and weekend getaways. The galley is frequently noted for its convenience, complete with modern amenities that enhance the onboard experience. The attention to detail in the craftsmanship and materials used in the Formula 31 is also frequently mentioned. Customers love the luxurious feel and high-quality finishes that showcase the brand's commitment to excellence. Overall, reviews reflect satisfaction with the vessel’s reliability, performance, and the enjoyment it brings to family and friends, making it a favored choice among performance cruisers. Whether for leisurely outings or thrilling adventures, the 2003 Formula 31 Performance Cruiser continues to impress and deliver unforgettable experiences on the water.
The Biggest Pros and Cons
Pros
Performance-Oriented Design: The Formula 31 is known for its exceptional handling and swift performance, making it a favorite among boating enthusiasts who prioritize speed and agility on the water.
Quality Construction: Formula boats are renowned for their high-quality build and materials. The 2003 model is no exception, featuring a sturdy fiberglass hull designed for durability and longevity.
Comfortable Cabin: The interior offers a well-appointed cabin with sleeping accommodations for up to four. The layout maximizes space, ensuring comfort during extended cruises.
Well-Equipped Kitchenette: The galley includes essential amenities like a stove, microwave, and refrigerator, making it easy to prepare meals while onboard.
Stylish Appearance: With its sleek lines and sporty aesthetics, the Formula 31 exudes a modern and stylish presence on the water.
Spacious Cockpit: The cockpit is designed for both relaxation and entertaining, featuring ample seating and a well-placed helm for ease of navigation.
Good Storage Solutions: The boat includes various storage compartments, keeping personal items and gear organized and easily accessible.
Cons
Fuel Consumption: Given its performance focus, the Formula 31 can be thirsty on fuel, which may concern some owners, especially during long trips.
Limited Sleeping Space: While it can sleep four, those used to larger cruising models might find the sleeping arrangements a bit cramped for longer adventures.
Maintenance Costs: The quality construction means that maintenance can be more costly compared to smaller or less premium boats.
Draft: The deep-V hull design can lead to a deeper draft, which may limit access to shallow waters or some marinas.
Steep Learning Curve: New boaters may find the performance capabilities a bit daunting, requiring some experience to handle safely, especially in rough conditions.
Age Considerations: As a 2003 model, potential buyers should be aware of the need for regular inspections and potential updates to systems to ensure optimal performance. With its blend of performance, comfort, and style, the 2003 Formula 31 Performance Cruiser stands out as an excellent choice for those looking to balance thrilling speed with leisurely cruising. However, potential buyers should consider the operational costs and maintenance involved to ensure a rewarding ownership experience.
Made For
The 2003 Formula 31 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury, comfort, and performance on the water. Ideal for families, couples, or groups of friends, this sleek cruiser appeals to both seasoned mariners and newcomers to the boating lifestyle. Its spacious cabin, equipped with modern amenities, provides a relaxing retreat after a day of adventure. The agile handling and powerful performance make it suitable for those who enjoy exciting thrills on the water, whether it's cruising along the coastline or enjoying watersports. With a focus on quality craftsmanship and attention to detail, the Formula 31 is also a great choice for individuals who appreciate high-end finishes and innovative design. Whether you're looking to spend leisurely weekends or embark on longer voyages, this performance cruiser meets the diverse needs of any boat lover.
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2003 Formula 31 Performance Cruiser | |||||
|---|---|---|---|---|---|
| $47,900 | $49,000 | $49,000 | $50,000 | $60,000 | $64,500 |
| Newport Beach | San Diego | Marina Del Rey | Long Beach | Long Beach | Ventura |
| 31' | 34' | 33' | 31' | 37' | 31' |
| 3' | - | - | - | - | - |
| MerCruiser | Mercruiser | Mercury | Volvo Penta | Mercruiser | Volvo Penta |
| 320 hp | 383 hp | - | 375 hp | 375 hp | 300 hp |
| 293 | 206 | 31 | 1096 | 115 | 40 |
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Contact South Mountain Yachts about 2003 Formula 31 Performance Cruiser
Monarch Beach, CA, 92629











































