Where is the 1981 Formosa Boat Building Co Ltd Formosa 51 located?

This 1981 Formosa Boat Building Co Ltd Formosa 51 is listed in Miami, Florida.

How much does the 1981 Formosa Boat Building Co Ltd Formosa 51 cost?

The asking price is $45,000. Contact the seller through OnlyHulls for negotiation details.

What year is this Formosa Boat Building Co Ltd Formosa 51?

This is a 1981 Formosa Boat Building Co Ltd Formosa 51.

How do I contact the seller of the 1981 Formosa Boat Building Co Ltd Formosa 51?

Click "Contact Owner" on the listing on OnlyHulls. The original listing is also available on Sailboat Listings.

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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 150 days ago

$75,000 → $45,000 ▼ 40.0%

Most recent price change: Aug 7, 2026

$886/ftvs $5,904/ft median

▼ 85% below

Segment: Monohulls 50-59 ft · 848 comparable boats on OnlyHulls.

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Sailboat Listings

Original Listing

$45,000

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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.

Why this listing deserves a closer look

A fast read on the setup, market context, and best next comparison move.

Quick read on the setup: 50.8ft LOA, Monohull, Ketch, with 4 cabins.

The listing signals offshore passages.

You can benchmark it against 3 similar boats in this market before reaching out.

Why look at this boat?

Honest signals — only what the data supports.

▲Priced 85% below the median for monohulls 50-59 ft on OnlyHulls — $886/ft vs $5,904/ft median across 848 comparable listings.
▲Asking price has dropped 40.0% since first observed — seller may be motivated to negotiate further.
•Aggregated from Sailboat Listings; click through to see the seller's original listing.