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1981 Formosa Boat Building Co Ltd Formosa 51

Year: 1981
Location: Miami, Florida
LOA: 50.8 ft

Currency

$45,000

Listed on OnlyHulls 196 days ago — long on market

$75,000 → $45,000 ▼ 40.0%

Most recent price change: Aug 7, 2026

$886/ftvs $4,302/ft median

▼ 79% below

Segment: Monohulls 50-59 ft · 392 comparable boats on OnlyHulls.

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Sailboat Listings

Original Listing

$45,000

Opens the listing on Sailboat Listings. The seller or their broker handles enquiries there.

What happens next

Save it first and it stays on your OnlyHulls shortlist to compare later.

The full listing opens on Sailboat Listings in a new tab.

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Listing Description

This listing identifies a 1981 Formosa Boat Building Co Ltd Formosa 51 located in Miami, Florida. The structured market record gives this Formosa Boat Building Co Ltd Formosa 51 an asking price of USD 45000; recorded specifications also list an overall length of 50.8 ft, a vessel classification of monohull, a hull material of fiberglass, and 4 cabins. Within this segment, the asking price runs about 85% below the USD $5904/ft median across 848 comparable Monohulls 50-59 ft listings.

At a glance

Key facts about the setup and how it compares.

Setup: 50.8 ft LOA, Monohull, Ketch, with 4 cabins.

The listing signals offshore passages.

You can compare it with 3 similar boats in this market before reaching out.

Why look at this boat?

Honest signals — only what the data supports.

▲Priced 79% below the median for monohulls 50-59 ft on OnlyHulls — $886/ft vs $4,302/ft median across 392 comparable listings.
▲Asking price has dropped 40.0% since first observed — seller may be motivated to negotiate further.
▲Listed for 196 days — long on market may indicate pricing or condition issues worth checking, but can also create room for negotiation.
•Aggregated from Sailboat Listings; click through to see the seller's original listing.