1996 Formula 31 PC

Description

1996 Formula F-31 PC built by Thunderbird Products in Decatur, Indiana. It is being sold by it's SOLE owner and has been stored indoors and unused for a number of years due to health of family members. Power is provided by twin MerCruiser 7.4L gas V-8 engines turning 3 blade SS counter-rotating propellers on 2.0 reduction MerCruiser Bravo III outdrives.
THE BOAT NEEDS REPAIRS (thus the low price) and has been very recently surveyed / appraised for $17,500. The bottom has never been painted and the outdrives have good appearance. The hull is in GREAT condition and the boat is very clean.
DETAILS
• Class: Power
• Category: Cruiser Power
• Year: 1996
• Make: Formula
• Length: 31'
• Propulsion Type: Twin I/O
• Hull Material: Fiberglass Reinforced
• Fuel Type: Gas
EXTRA EQUIPMENT (including but not limited to):
Central vacuum system, VDO analog gauges, Horizon Omni VHF, Ritchie compass, Mercury controls, UPGRADED Garmin GPSmap 492, Kenwood CD stereo with helm remote control, Welded stainless steel bow rail, Transom door and shower, Radar arch, Seaward 6 gallon electric water heater, 2000 GPH Rule bilge pumps with auto switches and alarm, 6.5 KW Kohler generator with 926 hours, Vacu-Flush sanitation system, SeaFire 1301 halon auto fire system, Teleflex cable steering with power assist and tilt helm, 120 volt 30 amp split system shore power with 50 amp battery charger, Bennett trim tabs with indicators, Quasar TV-VCR, Panasonic microwave oven, Kenyon 2 burner range, U-Line cockpit icemaker, Dry chemical fire extinguisher, 12,000 BTU Marine Air Systems air conditioning, Pulpit mounted Bruce anchor and electric windlass, Norcold DE-541 AC/DC refrigerator, 26 P 3 blade SS Bravo III propellers, Dockside water system, New blue Sunbrella Bimini canvas with enclosure (original teal canvas is still used while boat is being stored), Fume detector, Guest remote spotlight, Lowrance 3500 digital depth sounder, Carpet savers, Teal Sunbrella cockpit cover, Windshield wipers
FINDINGS / RECOMMENDATIONS (from the survey) are as follows:
1. Stereo system does not power-up. Repair or replace as needed.
2. Fire equipment must be inspected and tagged annually.
3. Equip vessel with all required safety equipment including operational signaling device.
4. Starboard fuel tank leaking and requires replacing.
5. Power hatch lift & starboard windshield wiper not working.
6. VHF radio not working & GPS slow to acquire satellites (antenna probably bad).
7. Water heater not working and air conditioning in need of service.
8. Engines have water in oil & starboard seized. REBUILD OR REPLACE as desired.
9. Exhaust system has external evidence of failure
10. Generator would not crank.
11. Cabin interior has minor moisture damage/rotted wood (near aft cabin bilge pump).
12. Cabin headliner and vinyl wall covering falling down. REPLACE as needed.