Edwards Yacht Sales

2002 Formula 37 PC

  • 37 ft
  • Cruiser
  • Vero Beach, FL, US

Yacht price

  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC
  • 2002 Formula 37 PC


The Formula name in yachts has always been associated performance, and the 37PC (Performance Cruiser) takes that to a new level, especially for boaters who want to spend more time aboard.  Formula is a family-owned business, with production in Decatur, IN.  The company traces its roots back to 1962 when racing legend Don Aronow founded Formula Boats in Miami, FL.


The Formula 37PC has a nice swim platform, room to spare in the cockpit for entertaining, an easily accessed engine compartment, and a thoughtfully designed interior that make her perfect for day cruising, longer trips and vacations, and entertaining at the dock or on anchor.


Full Circle is a very well maintained Formula 37PC.  Her owners are meticulous in caring for her, and are experienced yacht owners.  The attention to detail on this vessel includes such things as canvas protection on the bimini hinges so the Eisenglass is protected.  They purchased her in 2023, but are now embracing a full-time live-aboard lifestyle, and need to give her up to new owners.


There is still a lot of winter cruising time left in Florida, and plenty of time to enjoy the Bahamas this season.  If you are a lake boater and want to transport her to a new summer home, you can still enjoy the rest of the snowbird season in Florida before you cruise her to her new home.  Whether you are experienced cruisers or new to performance cruising, it is time to look at this beautiful vessel.  Full Circle is ready to go.

Disclaimer: 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/her agents, or his/her surveyors, to instigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.(9205421)


Basic Information

37 PC
Vero Beach, FL, US
Available for sale in U.S. waters:
Vessel Name:
Boat Type:
Hull Material:
Hull Type:
Hull Color:
Flag of Registry:

Dimensions & Weight

37 ft - 11.28 meter
38 ft 5 in - 11.71 meter
11 ft 11 in - 3.63 meter
Draft - max:
2 ft 11 in - 0.89 meter
Bridge Clearance:
11 ft 9 in - 3.58 meter
Dry Weight:
16500 lbs


81 1GI-B
Cruise Speed:
32 MPH
Joystick Control:
Engine Type:
Inboard / Outboard
Drive Type:
Fuel Type:
375 (Individual), 750 (combined)
Max Speed:
43 MPH

Tank Capacities

Fuel Tank:
236 gallons - 1 tank(s)
Fresh Water Tank:
55 gallons - 1 tank(s)
Holding Tank:
57 gallons - 1 tank(s)


Total Cabins:
Total Berths:
Total Sleeps:
Total Heads:
Captains Cabin:
Crew Cabins:
Crew Berths:
Crew Sleeps:
Crew Heads:



2002 Formula 37PC Walkthrough

Full Circle has a full swim platform, a two level cockpit, and a walk-through windshield to access the bow.  The salon is entered through a sliding door at the centerline next to the helm.  There are three non-skid steps down into the salon area.  The head is to port at the bottom of the steps. The galley and entertainment center is to port, with settee seating to starboard for dining, entertaining or relaxing.  The master berth is forward and has a privacy curtain available.  The aft seating area can convert to an additional dining area or an additional berth with a privacy curtain available.  There is headroom of 6' 6" in the cabin.


2002 Formula 37PC Swim Platform, Cockpit, Deck & Hull

Swim Platform, Cockpit, Deck, and Hull

The outside space on Full Circle was designed with both cruising and entertaining in mind. The Formula 37PC is easily managed by one person, but can entertain a crowd!


Swim Platform - The swim platform is covered with Seadeck decking (04/2019) and features a stainless steel swim ladder, two cleats, a hot/cold transom shower, a large transom storage locker, and two rocket launcher rod holders.  There is convenient access to the two 30amp electric connections, as well as a dock water connection, a phone/cable connection, the waste tank pump-out connection, and two fill connections for the two separate fuel tanks.


Full Circle features a black Sunbrella camper-style canvas enclosure with Eisenglass windows.  The windows were all replaced in 2023.  A transom door into the cockpit is to port.


Cockpit - The lower level of the cockpit on Full Circle features U-shaped seating to starboard with large stowage areas beneath the seating.  When accessing the storage, the seats are double hinged to conveniently stay in place.  There are two table leg openings in the deck, which can accommodate either the small rectangular table, the larger table, or even both tables simultaneously.  There are seven stainless steel cup holders available for your guests.


The engine access is via the aft section of the seating which tilts back when the switch at the helm for the engine room lift is activated.  When the engine access is open, the entire engine compartment is accessible but you can still access the swim platform, which is very convenient.


A fresh water wet bar is to port with a cover with a gas shock, a fold-down faucet, an integrated sink, and three bottle racks. There is a large storage cabinet under the wet bar.  The ice maker beneath the counter is non-operational. A Samsung Smart LED TV is mounted above the wet bar.


The helm is to starboard on the upper level of the cockpit.  The captain's chair can seat two, and is bolstered for the captain.  There is a storage compartment under the helm seat as well as under the dash.  The sliding door into the salon is centerline.  There is a walkthrough opening in the windshield to the bow, with non-skid steps and a handrail for safe maneuvering. 


A lounge seat is to port with additional storage under the seat.  A storage cabinet is also under the seating.  There are five additional stainless steel cup holders on the upper cockpit/helm area.

The radar arch is fiberglass and features an overhead light as well as stereo speakers.


The entire cockpit deck has easy to clean and maintain Infinity Luxury Vinyl flooring with bound edges and snaps. The cockpit seating is accented by a charcoal strip in the white vinyl; all of the seating is in excellent condition, and was replaced in April 2019.

Deck - The foredeck of Full Circle is accessed through the windshield opening; a zippered screen can be put in place when the window is open. There are also port and starboard sidewalks with hand hold rails for safe maneuvering.

There are three opening hatches on the foredeck.  There are safety rails for sun pads as well as snaps in place, but sun pads do not convey with the vessel. 

The foredeck features a flush-deck locker for the windlass with gas shocks.  The Lewmar 12V anchor windlass has foot controls at the bow as well as remote controls at the helm.  The ground tackle includes a Bruce anchor with approximately 200' of 5/16" chain with an anchor chock and roller.

Hull - The hull on Full Circle is white with the classic Formula boot stripes and Formula name and insignia.  The bottom was professionally painted in April 2023 and is cleaned by a diver regularly. 

2002 Formula 37PC Accommodations


The interior of the Formula 37PC reflects the thought and care that went into its design and takes full advantage of the space, affording options while cruising or staying aboard long-term.  The interior of Full Circle is in very good condition, and reflects the care the owners have taken to maintain the vessel. The décor is black/cream/gold.

Salon - There are three non-skid steps with a hand rail that lead from the upper deck into the salon.  The middle step lifts to reveal storage. The sole has a neutral wall-to-wall carpet, which was professionally cleaned in September 2023, protected by an area rug.   

The neutral leatherette curved settee is to starboard.  Three of the cushions are easily removed to access storage.  The aft cushion can be removed to access the 16,000 BTU Marine Air reverse cycle AC/Heat unit.

There are two opening portlights above the settee with decorator pleated curtains.  Three storage cabinets are above the portlights. A Fusion radio with two speakers is over the settee, as well as the controller for the AC/heat.  A double leg pedestal wood-accented table in front of the settee provides interior dining space.

Natural light is provided by the two ceiling hatches which have removable screens.  There are two lights over the settee and two additional lights over the main salon.

Galley - The open floorplan on Full Circle makes the galley to port part of the salon area.  The galley features: an under-counter refrigerator/freezer, a Samsung microwave oven, a Kenyon 2 burner electric ceramic cooktop, a Corian countertop, a stainless steel bowl sink with a wood cutting board/cover, a countertop drop through waste receptacle with a Corian lid, a GFI protected outlet, an opening portlight with a decorator pleated curtain, and two ceiling lights.

Storage is available in a large cabinet over the portlight, the four lower drawers, and in the double door lighted cabinet under the sink.  

Entertainment Center - A LG Smart LED TV is mounted above the galley counter across from the salon settee.

Master Berth - The master berth is forward on Full Circle; a full curtain is available for privacy, and easily stows when not in use.  A sculpted queen berth with tailored decorator bedding is located centerline with a mirrored bulkhead forward, four ceiling lights, and two reading lights.  A ceiling hatch with both a removable screen and a removable darkening shade provides natural light, along with opening portlights on both sides of the berth, with pleated curtains. A courtesy light is on the floor at the foot of the berth.

Storage is available in the two drawers under the berth, and in the mirrored lighted lockers to starboard and to port, both with hanging bars and shelves.  The Kenwood CD-Rom player in the starboard locker is non-operational.  The fresh water tank is under the berth, as well as two small storage areas.  Bedding with the Formula insignia conveys with the vessel.

Head - The head is to port at the bottom of the steps on Full Circle.  It  features: a VacuFlush fresh water toilet, a Corian vanity with stainless steel sink and single lever faucet,  a cabinet under the vanity with an integrated waste bin and toilet paper holder, a mirrored storage cabinet, covered storage under the mirrored cabinet, an opening portlight, two towels bars, two lights, an exhaust fan, and a GFI outlet.  A Tankwatch monitor and a macerator switch are in the cabinet under the vanity.

A stand-up shower compartment can be created with a frosted tri-fold plastic door that folds flat against the bulkhead when not in use.  An adjustable shower head is mounted on the bulkhead.  There is a bottle storage rack for shower supplies.

Aft Salon - The aft salon on Full Circle is down one step and can be used for additional seating, additional dining space, or as an additional berth.  The entire area is carpeted.  A locker to starboard is cedar lined, and holds the electrical panels.  There is a storage drawer beneath the locker. 

The U-shaped settee converts easily to an additional berth, using the back cushion of the center section.  A pedestal can be installed in the sole to mount one of the two tables that conveys with the vessel.  There are two reading light and three ceiling lights in the aft salon area, as well as a GFI outlet, and a CO detector.  A small window opens to the deck above, and has a removable screen. The valance on the aft bulkhead coordinates with the décor throughout the salon.

There is a large double door, two shelf, storage cabinet to port.  Additional storage is available under the settee cushions.  A full curtain, which cleverly stows when not in use, provides privacy when needed.

2002 Formula 37PC Engine & Mechanical
  • Twin Volvo Penta 8.1 1GI-B 375hp gasoline stern drives
  • Ritchie compass
  • New manifolds and risers at approximately 480 hours (04/2022)
  • Full service to both motors at approximately 480 hours (04/2022)
  • Both transom assemblies replaced (04/2022)
  • Shift cables replaced (04/2022)
  • Replaced raw water pumps and pulleys on both motors (04/2022)
  • Bennett trim tabs
  • Gaffrig controls
  • (2) 12V windshield wipers
  • 11 Gallon hot water heater (07/2017)
  • All helm switches upgraded 2014

2002 Formula 37PC Electrical
  • Kohler 5kw Generator serviced in 2023
  • (4) 12V AGM Batteries (11/2022)
  • Guest Charge Pro 60 amp battery charger
  • Marine Air 16,000 BTU reverse cycle AC/Heat with one controller in salon
  • Navigation lights upgraded to LED (10/2021)
  • All lights upgraded to LED (12/2020)


2002 Formula 37PC Electronics
  • Garmin GPSMAP 8612 MFD with US and Canada Navionics+ Charts (05/2023)
  • Garmin GMI 20 Depth gauge (05/2023)
  • NMEA 2000 backbone (05/2023)
  • I-Com IC-M330 VHF radio (10/2021)
  • Fusion MS-RA70NSX radio with Sirius (05/2023)
  • Samsung 32" Smart LED TV in the cockpit (04/2023)
  • LG 27" Smart LED TV in the salon (04/2023)
  • Kenwood CD-ROM in closet below is non-operational
  • Kenwood radio control at helm station non-operational
  • Furuno radar is non-operational
  • Glomex television antenna is non-operational

2002 Formula 37PC Safety
  • Sea-Fire HFC-227 fire suppression system (Annual inspection completed 03/2023)
  • Xintex gas fume detector at helm
  • Xintex Fireboy CO detector in aft salon
  • (2) Fire extinguishers (Inspected 03/2023)

2002 Formula 37PC Exclusions

Sellers' personal items are excluded.

2002 Formula 37PC Disclaimer

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.


Presented by

Thomas Russell 5 Listing(s)

Thomas Russell

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