$369,999 | Forked River, New Jersey

Exceptionally clean, beautifully optioned, and clearly well cared for, this 2012 Formula 45 Yacht is an outstanding example of Formula's flagship yacht.

Finished in Formula's striking Black Cherry Flagship exterior with Latte and Morning Sand accents, this 45 Yacht has a sophisticated presence that still looks exceptional today. The interior is equally impressive, with rich Saddle seating, Baltic Birch flooring, Ash upper cabinetry, Deep Zebrano lower cabinetry, Bronzite Corian surfaces, and Formula's Tropical Sunrise décor package creating a warm, upscale cabin.

This boat shows extremely well. The cockpit, cabin, upholstery, cabinetry, flooring, and finishes have been maintained to a level that immediately separates it from the typical 2012 boat.

Powered by twin Volvo Penta IPS 600 diesels producing 435 HP each, with approximately 912 hours, she combines strong performance with the maneuverability that makes IPS-equipped yachts so desirable. Joystick control makes close-quarters handling and docking substantially easier.

The Westerbeke generator has approximately 615 hours.

This Formula was also ordered with a substantial list of premium factory options, including the hydraulic personal watercraft lift, teak-grain cockpit and swim-platform decking, Raymarine navigation package with HD radar and autopilot, satellite television, Sirius Weather, 30,000 BTU cockpit air conditioning, cockpit grill, cockpit refrigerator/icemaker, full aft cockpit enclosure, and more.

• Twin Volvo Penta IPS 600 diesel engines

• 435 HP each / 870 total HP

• Approximately 912 engine hours

• IPS joystick control

• Westerbeke generator – approximately 615 hours

• 48'2" LOA

• Formula Black Cherry Flagship hull finish

• Latte boot stripe with Morning Sand accent

• Hydraulic personal watercraft lift / swim platform

• Teak-grain vinyl cockpit and swim-platform decking

• Hardtop

• Full aft cockpit bimini enclosure

• 30,000 BTU cockpit air conditioning

• Raymarine chartplotter, HD radar and autopilot package

• Sirius Weather

• Satellite TV system

• Cockpit HDTV/DVD

• Cockpit refrigerator/icemaker

• Cockpit electric grill

• Fuel crossover valving system

• Shore power

• Vacuum-flush head with holding tank and macerator

• Stainless-steel security safe

• Windshield lifting bar

• Electric winch

• Swim ladder

• Cockpit table and cushions

The Black Cherry Flagship hull is one of the defining features of this boat. Paired with Formula's Latte boot stripe and Morning Sand accent, it gives the yacht a rich, distinctive appearance without looking overstated.

The cockpit was designed for both entertaining and serious cruising. Forward and aft seating provides generous room for guests, while 30,000 BTU cockpit air conditioning makes the space considerably more comfortable when the weather refuses to cooperate.

Cockpit amenities include an electric grill, refrigerator/icemaker combination, HDTV/DVD system, cockpit speakers, Corian surfaces, full enclosure, and teak-grain vinyl decking extending through the cockpit and swim platform.

At the stern, the hydraulic personal watercraft lift is a particularly valuable factory option, providing an excellent setup for carrying a tender or PWC while cruising.

The helm combines Formula's excellent visibility with the handling advantages of Volvo's IPS propulsion system.

Equipment includes:

• Volvo IPS joystick control

• Raymarine E-Series chartplotter

• HD radar

• Autopilot

• Sirius Weather

• U.S. charting

• Compass

• Windshield lifting bar

The IPS system provides intuitive joystick maneuvering for docking and close-quarters operation while maintaining the efficiency and performance expected from the twin diesel installation.

Below deck, this Formula feels considerably more substantial than a conventional express cruiser.

The interior was originally ordered with Formula's upgraded Tommy Bahama Tropical Sunrise décor package, complemented by:

• Saddle cabin seating

• Baltic Birch flooring

• Ash upper cabinetry

• Deep Zebrano lower cabinetry

• Bronzite Corian surfaces

• Rich wood-grain finishes

• Air conditioning

• Hot water

• Refrigerator

• Marine head

• Vacuum-flush sanitation system

The combination of cognac and saddle-toned upholstery, contrasting wood cabinetry, and lighter flooring creates a warm, comfortable interior that has aged remarkably well.

Most importantly, the condition is exceptional. The cabin is remarkably clean and presents as a yacht that has been cared for rather than simply used.

Twin Volvo Penta IPS 600

• Model: IPS 600

• Engine Type: Inboard Diesel

• Horsepower: 435 HP each

• Total Horsepower: 870 HP

• Engine Hours: Approximately 912

• Joystick Control: Yes

Westerbeke Generator

• Approximately 615 hours

This 45 Yacht carried a base MSRP of approximately $1,038,000 before options and was ordered with an extensive equipment package. Notable original factory options included:

• Black Cherry Flagship hull – $9,875

• Tropical Sunrise décor package – $5,690

• Full aft cockpit bimini enclosure – $1,945

• Fuel crossover valving system – $2,200

• Chartplotter / HD radar / autopilot package – $27,345

• Sirius Weather – $1,810

• Cockpit HDTV/DVD – $2,265

• Satellite TV system – $10,940

• 30,000 BTU cockpit A/C – $9,880

• Cockpit refrigerator/icemaker

• Cockpit electric grill – $3,235

• Stainless-steel security safe

• Windshield lifting bar – $3,000

• Personal watercraft lift – $33,435

• Cockpit/swim-platform teak-grain vinyl decking – $18,850

The major listed factory options alone represent a significant investment above the original base price.

Finding a Formula 45 Yacht is one thing. Finding one with the Black Cherry Flagship finish, IPS 600 diesels, joystick control, hydraulic PWC lift, extensive factory equipment, low generator hours, and this level of cosmetic condition is considerably more difficult.

This is a beautifully kept, exceptionally comfortable yacht with the equipment to serve equally well for entertaining, weekends aboard, or extended cruising.

Located at Tides End Marina in Forked River, New Jersey.

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.