M/Y PANACEA REFIT OVERVIEW

Located at Bradford Marine in Fort Lauderdale, this 2011/2025 Mengi Yay recently emerged from a “down-to-the-walls” refit and is currently listed at $3,595,000. The refit features a top-tier exterior repaint by Luu Marine, complemented by new teak caulking and plush exterior upholstery across decks, including the rebuilt hot‑tub, bunny pad, and bimini helm top.

The interior underwent a full transformation, including engineered hardwood flooring on the main deck, new carpets in the staterooms, replaced or refinished cabinetry and wood throughout, updated AV systems with Starlink and AppleTV 4K, LED lighting, and quartz or Carrara marble in heads.

Mechanically, both Cat C32 ACERT engines (1,800 hp each) have been serviced along with generators, transmissions, heat exchangers, aftercoolers, air handlers, and watermaker.

LAYOUT & AMENITIES

• Five staterooms: full‑beam main‑deck master, second full‑beam VIP below, and two more guest cabins plus a twin

• Expansive flybridge: sun deck aft, ample dining and lounge under hardtop, wet bar, jacuzzi, and bunny pad.

• Aft deck: split hi‑low quartz tables, luxury lounges, LED lighting

• Performance: Twin C32s give a cruise speed of ~20 knots, top speed of 22 knots, and smooth comfort courtesy of Wesmar fin stabilizers 

MARKET OPPORTUNITY

Originally listed near $3.9M–$4M, now $3,595,000, Panacea represents a rare chance to acquire a turnkey 35 m yacht, commanding “new‑yacht vibes” at a discounted price compared to current 100‑120 ft refits.

MECHANICAL UPDATES

• Complete Mechanical Services
• Heat Exchangers w/ New Plates
• Aftercoolers Serviced, NEW Cores On-Order
• Full Engine Services
• Full Transmission Services
• Full Generator Services
• Engine Room Deck Plates, Door Frame & Tool Benches Powdercoated
• Watermakers Serviced
• New Air Conditioning System for Crew Cabin
• AC System Completely Inspected
• All Air Handlers Inspected & Cleaned
• Complete Descale of AC System
• Chilled Loop Insulation Replaced Where Needed
• All Electronics Updated in Pilothouse & Flybridge Helm

EXTERIOR UPDATES

• Complete Exterior Repaint by Luu @ LMC in 2022
• New Teak Caulking 2023/24
• New Exterior Upholstery on All Seating, Aft Deck, Flybridge, Hot Tub, Bunny Pad & Bow
• New Custom Quartz Split Tables on Aft Deck, Dining or Cocktail Height
• New Flybridge Dining Furniture for 10
• New Flybridge Cocktail Table
• New Flybridge Deck Chairs
• Hot Tub Completely Rebuilt w/ All New Pumps & Controls
• Rebuilt Flybridge Helm Bimini Frame w/ New Stamoid Canvas
• New Sail Shades Over Hot Tub & Bunny Pad

INTERIOR UPDATES

• New Engineered Hardwood Flooring, Main Deck
• New Custom Carpet on Stateroom Level
• New Interior Furniture, Salon & All Staterooms
• ALL Interior Wood Replaced or Refinished
• New Custom Cabinetry in Salon, Dining Area & Primary Suite
• New Wallcoverings Throughout
• Complete Interior Imtra LED Lighting Retrofit
• Updated Interior AV w/ Smart TV’s, AppleTV 4K, Sonance Speakers, Starlink
• All Staterooms w/ Dedicated AV
• Heads Refinished w/ Custom Cabinetry, Quartz Counters, New Hardware & Custom Mirrors
• Custom SkinRock Polished Carrara Marble used for Head Flooring & Shower Walls
• Custom Bar in Salon w/ Backlit SkinRock, Drink Fridge & Slide-out Bottle/Glass Storage
• Custom Wireless Sheer Shades Throughout, Individual Zone Remotes
• Salon Window Frames Enlarged

WHY PANACEA STANDS OUT

• Turnkey condition: Everything—from décor to engines—has been refreshed.

• Exceptional layout: A rare on‑deck master plus dual full‑beam staterooms offer owner‑class luxury.

• Superior outdoor living: From the flybridge to the bow, every sun‑soaked area is ready for entertaining or serene cruising.

• Value proposition: Million‑dollar refit for less than the price of many contemporaries.

INTERESTED IN M/Y PANACEA? CONTACT US TODAY!

• Location: Fort Lauderdale, Florida
• Contact: Ryan Gessel at Panacea Yacht Group
• Phone: (415) 505-9172