The Formosa 51 stands as one of the most recognizable silhouettes in the world of traditional cruising yachts. Designed by the prolific William Garden, this ketch-rigged vessel epitomizes the "Taiwanese Ferry" era of the 1970s and 1980s—a time when massive fiberglass hulls were finished with exhaustive amounts of interior and exterior teak. Characterized by its dramatic clipper bow, substantial bowsprit, and ornate taffrail, the 51 was built for the romantic vision of bluewater sailing. While its origins at the Formosa Boat Building Co. Ltd. are steeped in the high-volume production of Kaohsiung, the model has carved out a permanent place in maritime lore as a robust, albeit maintenance-intensive, global cruiser.
Formosa 51 Sailboats for Sale & Market Overview
- Make
- Formosa
- Model
- 51
- Builder
- Formosa Boat Building Co. Ltd.
- Designer
- William Garden
- Number Built
- Production Year(s)
- 1972 - 1984
Below are the most recent Formosa 51 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date | |
|---|---|---|---|---|---|---|---|---|---|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| May 2025 | 2 | $169,000 |
| Aug 2025 | 1 | $111,882 |
| Sep 2025 | 2 | $156,046 |
| Oct 2025 | 1 | $123,659 |
| Nov 2025 | 3 | $119,000 |
| Jan 2026 | 6 | $112,497 |
| Mar 2026 | 1 | $40,000 |
| Apr 2026 | 4 | $123,659 |
Median Price by Country
Listings by Country
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Slocum 43 | 42.5' | $124,500 | 26 | 6 |
| Formosa 51 | $121,330 | 20 | 7 | |
| Oyster Yachts 53 | 53' | $450,000 | 17 | 10 |
| Little Harbor 51 | 50.58' | $399,000 | 15 | 5 |
| Ta Chiao CT-56 | 55.5' | $388,643 | 10 | 4 |
| Formosa 41 | 40.92' | $64,459 | 9 | 1 |
| Hans Christian 48 | 47.83' | $259,000 | 7 | 3 |
| Formosa 47 | 46.42' | $100,437 | 6 | 1 |
| William Garden 41 | 40.25' | $38,500 | 5 | 1 |
| Cheoy Lee Offshore 41 | 40.92' | $55,000 | 5 | 1 |
| Mariner 36 | 35.83' | $41,500 | 1 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $119,000 | 10 | 4 |
| Turkey | $123,659 | 4 | 2 |
| Greece | $158,022 | 2 | 1 |
| Spain | $111,882 | 1 | 0 |
| Italy | $105,993 | 1 | 0 |
| Malaysia | $100,105 | 1 | 0 |
Frequently Asked Questions
- How much does a used Formosa 51 cost?
- The median asking price for a used Formosa 51 over the past 12 months is $121,330. Prices vary by condition, year, equipment, and location.
- How many Formosa 51 sailboats are for sale?
- We have tracked 20 Formosa 51 listings over the past 12 months, with 7 listed within the last 90 days.
- Are Formosa 51 prices going up or down?
- The median asking price for the Formosa 51 has increased by 1.92% over the last 3 months compared to the 12-month average.
- Where is the cheapest place to buy a Formosa 51?
- Malaysia currently has the lowest median asking price at $100,105, while Greece is the most expensive at $158,022 — a 58% difference.
- What are similar sailboats to the Formosa 51?
- Comparable models include the Slocum 43, Oyster Yachts 53, Little Harbor 51. See the comparison table above for pricing and availability.