1991 Formula 311 SR1 For Sale

Stock #151272 -
Sold

Boat Details

Year:
1991
Type:
Power
Brand:
Formula
Category:
High Performance
Model:
311 SR1
Length (LOA):
31' 1"
Beam:
--
Draft:
34"
Trailer:
2012 MYCO
Stock #:
151272
Location:
Elkton, Maryland
(near Wilmington, DE)
Status:
Sold
Storage Status:
Not currently in storage††
Engine Details
Count:
2
Year:
1991
Brand:
Mercruiser
Model:
540 CI
Size (each):
575 hp
Hours:
541 (as of 5/16/2018)
Fuel Type:
Gasoline
Recently Sold — Massachusetts

The Owner of this 1991 Formula 311 SR1 has spent over $32k since 2006 to update and upgrade this boat !!
- Motors, drives, cockpit upholstery.

** ONLY 100 or so hours since total engine rebuild in 2006 !!

ONLY 541 Original Hours !!

2012 custom MYCO triple axle traile...more

1991 Formula 311 SR1 High Performance in Elkton, Maryland

Stock #151272

The Owner of this 1991 Formula 311 SR1 has spent over $32k since 2006 to update and upgrade this boat !!
- Motors, drives, cockpit upholstery.

** ONLY 100 or so hours since total engine rebuild in 2006 !!

ONLY 541 Original Hours !!

2012 custom MYCO triple axle trailer is also included
($12,000 in 2012)

** Please review all the invoices for work performed on this Formula since 2006 in the photo section

~~~ Engines upgraded to 575 HP and 620 ft lbs of torque !!!

** Other mechanical upgrades include IMCO power steering, XR outdrives with IMCO lowers.


The owner was deployed in Iraq for several years since 2006 and the boat was only used occasionally

Also equipped with a GARMIN GPS MAP 478 and a GARMIN 3005C GPS

Market Value from a 2012 Marine Survey = $ 52,000.00.

The boat is virtually unchanged since 2012.

Boat has been used sparingly since 2012 and in storage the past 2 seasons

Don't wait on this one.....or it will be gone !!

Information On Condition

This 1991 Formula 311 SR1 appears to be in decent condition for the year.

With over $32k invested, the Owner has spared no expense to update and upgrade this boat.

~~~ Engines upgraded to 575 HP and 620 ft lbs of torque !!!

** ONLY 100 or so hours since total engine rebuild in 2006 !!

ONLY 541 Original Hours !!

The hull and topside appeared to be in good condition

The motors and drives appeared to be in excellent condition

The cockpit appears to be in good condition

The cabin is original and appears to be on par for the year

The 2012 custom MYCO triple axle trailer looks to be in excellent condition.( $12k )

Market Value from a 2012 Marine Survey = $ 52,000.00.

Boat has been used sparingly since 2012 and in storage the past 2 seasons

Boat just had the water pumps service as well as the thermostats.
Out drive lift has been repaired
Leak in the hydraulic hose has been fixed.
Horn for boat is working.

Approximate boat location: Elkton, Maryland


We have several active listings for Sea Ray, Chris-Craft, Wellcraft, and Carver. If you're in the Philadelphia, Baltimore, Columbia, or Reading areas, please use the form on this page to let me know what you're looking for and I'll get back with you today about any other high performance boat options we have locally that may meet your needs.

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Basic Details
Year:
1991
Type:
Power
Brand:
Formula
Category:
High Performance
Model:
311 SR1
Length (LOA):
31' 1"
Hours:
541
(as of 5/16/2018)
Stock #:
151272
Location:
Elkton, Maryland
Storage Status:
Not currently in storage ††
(as of 8/17/2019)
Engine & MechanicalMech.
Count:
2
Year:
1991
Brand:
Mercruiser
Model:
540 CI
Hours:
541
(as of 5/16/2018)
Size (each):
575 hp
Fuel Type:
Gasoline
Fuel Tank:
151 gals
Propeller:
Stainless Steel
Cruising Speed:
50 mph
Maximum Speed:
80 mph
Drive Brand:
Mercruiser
Drive Model:
Bravo One XR
Drive Type:
Stern Drive
Config.:
Inboard/Outboard
Bilge Blower:
Bilge Pump:
Trim Tabs:
K Planes
Dimensions & Specifications & Specs
Length Overall:
31' 1"
Min. Draft:
34"
Weight:
7,950 lbs
NavigationalNav. Equipment
Navigation Lights:
VHF:
Compass:
Ritchie
GPS / Plotter:
GARMIN GPS MAP 478 AND GARMIN 3005C GPS
Deck Features
Anchor Locker:
Cockpit Cover:
Dropdown Bolsters:
Sun Pad:
Swim Ladder:
Swim Platform:
Safety EquipmentEquip.
Life Jackets:
Fire Extinquisher:
Two
Fume Detector:
Safe T Alert
Fire Suppression System:
Halon
ElectricalElec. Components
Accessory Switches:
Battery Charger:
Battery Switch:
CD Player:
Fuel Gauge:
Hour Meter:
Speakers:
Speedometer:
Stereo:
Tach:
Trailer IncludedIncl.
Included:
Yes
Year:
2012
Brand:
MYCO
Material:
Steel
# Axles:
3
Spare Tire:
Yes
Breakaway Hitch:
No
Our company makes no claim of road worthiness of trailer. If not maintained adequately, it may not be fit for travel. We recommend a thorough inspection prior to purchase.
Accommodations & Passengers
Pass. Capacity:
10
# Cabins:
1
Sleep. Capacity:
2
# Berths:
1
Generator:
No
Air Conditioning:
No
Non-Smoking:
Pet-Free:
Cabin:
Cabin Door:
Cabin Lighting:
Cabinets:
Carpet:
Countertops:
Dinette:
Refrigerator:
Sink:
V Berth:
Porta-potty:
ConstructionConst. Features
Hull Material:
Fiberglass
Hull Shape:
Deep Vee
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