Formosa 51 Sailboats for Sale & Market Overview

William Garden·1972 – 1984·Formosa Boat Building Co. Ltd.
Formosa 51 drawingBuilder drawing
Hull type
Monohull · full
Rig
Ketch
LOA
50.83' · 15.49 m
Displ.
52,000 lbs · 23,587 kg
First year
1972

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 ketchrigged 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 highvolume production of Kaohsiung, the model has carved out a permanent place in maritime lore as a robust, albeit maintenanceintensive, global cruiser.

Market snapshot

Median asking · 12 mo
$ 116,497
Ask, not sold · 20 listings
Recent listings · 90 d
7
20 tracked · 12 mo
3-month price trend
+4.8%
vs. 12-mo median
Countries with listings
6
United States (47.4%) · Turkey (21.1%) · Greece (15.8%)

Recent Listings

16 for sale · sampled 10 newest

Where they're listed

Formosa 51 listings span 6 countries. United States leads with 9 listings (47.4%), followed by Turkey and Greece.

Median ask by country
USD · past 12 months
Share of listings
Count · past 12 months

Country breakdown

19 listings · 6 countries
CountryMedian askListings · 12 moActive · 90 dShare
United States$ 89,0009347.4%
Turkey$ 122,1364221.1%
Greece$ 127,1273215.8%
Spain$ 110,504105.3%
Italy$ 104,688105.3%
Malaysia$ 98,872105.3%

Comparable models

Similar length overall, displacement, and era. Click a row to jump to that model's market page.

Peer cross-shop

11 designs · same segment
ModelLOAMedian askListings · 12 moActive · 90 d
Slocum 4342.5'$ 105,0002810
Oyster Yachts 5353'$ 455,0002615
Formosa 51You are here$ 116,497207
Little Harbor 5150.58'$ 399,000199
Ta Chiao CT-5655.5'$ 383,855115
Endeavour 5151'$ 119,00095
Roberts 53$ 114,56192
Hans Christian 4847.83'$ 250,60384
Formosa 4140.92'$ 70,88570
Mao Ta 51 Ketch50.78'$ 81,70066
Cheoy Lee Offshore 4140.92'$ 54,50061

Frequently asked questions

01How much does a used Formosa 51 cost?+
The median asking price for a used Formosa 51 over the past 12 months is $116,497. Prices vary by condition, year, equipment, and location.
02How many Formosa 51 sailboats are for sale?+
7 Formosa 51 listings have gone live in the last 90 days, and 20 have been tracked across the past 12 months.
03Are Formosa 51 prices going up or down?+
The median asking price for the Formosa 51 has increased by 4.8% over the last 3 months compared to the 12-month median.
04Where are Formosa 51 sailboats for sale?+
The top markets for used Formosa 51 listings over the past 12 months are United States (47.4%), Turkey (21.1%), Greece (15.8%).
05Do Formosa 51 listings get price reductions?+
About 33% of Formosa 51 listings have had a price reduction, with an average discount of 25.2% off the original ask. A listing that has been on the market more than 90 days without a reduction usually signals the seller is not motivated.
06What should I look at instead of a Formosa 51?+
Comparable models include Slocum 43, Oyster Yachts 53, Little Harbor 51. See the peer cross-shop table above for pricing and availability.