
This listing was posted on BoatDealers.
$25,000
1984 Formula 302 SR1 Boat for Sale

Price:
$25,000
Summary:
Used 1984
Location:
Victoria Harbour, ON
Description:
Trailer included Freshwater, Three-Owner BoatVintage Off-Shore Performance Racer Step back in time with this vintage Formula off-shore racer. This is a freshwater, three-owner boat with a steel tri-axle trailer included. Formula's 302 SR1 was a top performer in its day, with a wave-splitting 24-degree deep-V hull built with foam core for a quieter ride and the safety of added hull floatation. Our initial inspection found cockpit upholstery, including aft sun pad, to be in very good condition considering age of the boat. It appears to be original and there are no rips or tears. A compound wax and buff is needed to restore the gelcoat finish to its former glory. Accommodations V-berth: Double forward with bedding locker below, privacy curtains and overhead hatches Main Cabin: Aircraft style rolled-edge lounge seating port and starboard, burl elm cabinetry, soft valance lighting, aircraft designer fabrics, overhead hatches, fully enclosed head (porta-potty) with vanity and mirror, bar nook with sink and crystal liquor decanters, concealed refrigerator, Clarion stereo system Cockpit: Bimini top (light grey), matching tonneau, swivel helm and passenger seat with bolsters, aft bench seat is removable for improved engine access, non-skid fiberglass cockpit floor, large sun pad over engine hatch, teak swim platform Electronics/Navigation Aids Garmin GPSMapLowrance digital depth with alarmEagle AccuNav GPS receiveriCom VHF radioCompass Equipment Anchor and anchor rodeHydraulic steering and trim tabsPressure water systemShore water inlet 30-amp shore power inlet & power cord Dual battery system Battery chargers (2)Bilge pumpWindshield wiperEngine compartment fire suppression systemAll existing safety and mooring equipmentBimini topTonneau/mooring coverHeavy duty steel tri-axle bunk trailer While the boat is currently water-ready, we think the recent power-plant upgrades (fall 2021) and newer canvas make this vintage racer a great candidate for a complete restoration. The current owner has just had new counter-rotating TRS outdrives installed at a cost of $30,000. Compression tests were completed on both engines and results were well within acceptable ranges. A test-tank run-up to operating temperature following the new outdrive installation showed both engines to be running and shifting very well. For the right buyer, this is a great opportunity to own a well-running, time-tested performance boat at a very affordable price-point, and with many more years of enjoyable boating ahead of her.
Engine features:
Mercruiser 454
Posted:
June 2 2022 on BoatDealers
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More About this Listing: 1984 Formula 302 SR1 Boat for Sale
1984 Formula 302 SR1 Boat for Sale is a 1984 High Performance Motor Boat in Victoria Harbour ON. Find other listings by searching for 1984 in Barrie on Oodle Classifieds.
1984 Formula 302 SR1 Boat for Sale is a 1984 High Performance Motor Boat in Victoria Harbour ON. Find other listings by searching for 1984 in Barrie on Oodle Classifieds.