1985 Formula 357 SR-1

$42,000
/m
Pay Monthly For 10 Years
This is an estimate cost

Specifications

  • Make / Model
  • Year / Condition
    1985 / Used
  • Length
    35'
  • Engine
    Twin
  • Engine Detail
    Mercury Racing 540 Ci
  • Horse Power
    575
  • Fuel Type
    Gas
  • Hull Material
    Fiberglass
  • Stock #
    433384
  • Boat Location
  • Financing Available
    from
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Description

Stock #433384

Reason for selling is "No longer use it".

This is a new advertisement, on the market just this week (Dec 12th). Always accepting offers!

Ready to turn heads! Immaculate 357 SR-1! Custom, rebuilt engines with low hours! Ready to hit the water!

This is a 1985 Formula 357 SR-1 high performance boat.
Its powered by twin 540 cubic inch motor putting out 570 horsepower with less than 10 hours. The motors were built by Steve Smith in Vassar Michigan (https://smittysengtrans.com) in 2023.

Cabin upholstery completely redone and in near flawless condition. Headliner has been replaced. Cabinets and bulkhead linoleum surfaces have been redone. Counters have been replaced with Corian, all lights are LEDs.

The boat has been dry-stored on a lift under a roof with complete cockpit and bow canvas for 20+ years. Freshwater boat since I purchased it in 2004, except for occasional poker runs and trips to Florida. Custom cockpit cowling.

The cockpit was reupholstered including bolster seats approximately 5 years ago. The cabin was rebuilt and reupholstered approximately 10 years ago. Corian counters and sink with 5 gallon fresh water tank. There is a small head w/ porta-potty. New Vee Three gauges installed 3 years ago. Aluminum Swim platform, hatches and gauge bezels re-powdercoated in 2022.

The hull was re-painted with AwlGrip in 2011. TRS drives rebuilt less than 100 hrs ago. Transom plates removed, reconditioned and repainted in 2023. Trim rams rebuilt in 2023. Two sets of props: mirage 23's and Mirage Plus 25's.

Latham external steering. K-Plane Trim-tabs. Velvet drives rebuilt less than 100 hours ago with extra clutches. Opened and inspected by Steve Smith in 2023.

1993 triple-axle Haul-Rite steel trailer included. Completely rebuilt including 3 new axles in 2017. All 6 leaf springs replaced in 2022. Brake lines, drum brake assemblies, surge braking system etc have all been replaced and are in good working order.

All inner and outer wheel bearings replaced, brakes bled and tested and 4 new tires in July 2024 (the other 2 tires only 3 years old) . Bunks have good carpet, are painted with epoxy paint and are thru-bolted to galvanized mounting brackets (counter-sunk bolt heads). LED tail lights.

Engine Details:
Gil exhaust with dry through transom SS inner pipes and GGB muffler inserts. 12-AN external oil lines with 3x25" coolers. Crane 168761 cams. Eagle stroker cranks.

New Moeller Marine 80 gal poly fuel tank installed in 2020.

2 spare TRS drives included in sale
Fuel Injected, Closed Cooled

- Mercury Racing 500 EFI Intakes w/

TPI Mono-body throttle bodies and

48lb Holly injectors

- Dyno Tuned.

- Gil Dry to tip Exhaust

- K-Plane tabs

- Hatches, gauge bezels and Swim

Platform re powdercoated in 2000.

- Transmissions and Drives have less than 100 hrs.

- All mechanical systems in perfect working order

- Latham External Steering

- Hull repainted with custom graphics in 2011

- Custom Cockpit Cowling

- Custom Helm with V3 Gauges

- Cockpit and Cabin Reupholstered

Less Than 5 Years Ago.

- Hull Repainted (Awlgrip) in 2011

- Rebuilt Haul-Rite triple axle trailer:

New Axles, Springs, Brakes,

Bearings, Tires

While we will always attempt to provide you with a TRUE representation of every vessel we market, during any purchase from Pop you will be encouraged to schedule an inspection from an independent, accredited surveyor and every purchase WILL ALWAYS BE subject to your satisfaction with the results from your independent survey and your own personal trial run.

We have several more Sea Ray, Regal, Rinker, and Bayliner vessels for sale. If you're in the Roanoke, Lynchburg, Danville, or Blacksburg areas, please contact us to let us know what you're looking for and we'll get back with you today about any other high performance boat options we have locally that may meet your needs.

You have questions? We have answers. Call us at (941) 548-7496 to discuss this vessel today.

Download Boat History Report

You can view a history report for this boat so you can shop with complete transparency.

1985 Formula 357 SR-1

Stock # 433384 Available
$42,000
/m
Pay Monthly For 10 Years
This is an estimate cost
Share with a friend :

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Loan Calculator

EMI starting from
$42,145 per month
  • $8,86,500
  • $1,24,980
  • $10,11,480
Loan Amount
10,46,321
$1,000
$42,000
Rate of interest
6
1 %
25 %
Duration of Loan
10
1 Year
20 Years

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