2011 Mengi Yay 115' (35.05 m)

Fort Lauderdale, Florida, United States

Panacea

!! $500,000 PRICE REDUCTION ... MOTIVATED SELLER ... SMALLER TRADES CONSIDERED !! This 2011 Mengi Yay is fresh out of a COMPLETE REFIT that features a complete repaint, all new woodwork, custom furniture, flooring, lighting, exterior deck furniture, AV upgrades, mechanical services and more.

NOT FOR SALE TO US RESIDENTS WHILE IN US WATERS

Flag of Registry: Marshall Islands

Port of Registry: Bikini

PDF
Vessel ID# 2824830    Last Updated: 2025-09-16 17:05:51

FEATURES:
   COMPLETE 2025 REFIT
   FULL REPAINT - 2022
   5-SR Layout, Main Deck Master & 2nd Full Beam Master
   Massive Flybridge w/ Jacuzzi
   Complete Mechanical Services
Notable Upgrades: Everything including Full Repaint, Electronics, Flooring, Lighting, Furniture, Mechanical Services, etc.

MASSIVE $500,000 PRICE REDUCTION!!!

$ 3,495,000 USD

Description

COMPLETE 2025 REFIT - 5-STATEROOM LAYOUT - MAIN DECK MASTER


Fresh out of a complete "down to the walls" refit, M/Y PANACEA represents THE BEST buying opportunity for a 5 stateroom yacht anywhere in the world. PANACEA sports a fantastic layout perfect for charter or private use, featuring main deck master, 2nd full beam master, VIP forward, and 2 additional guest staterooms. The spacious aft deck features outboard lounges, new furniture, upholstery and overhead LED lighting. The flybridge on PANACEA rivals anything found on much larger vessels featuring a massive single flush deck arrangement w/ large sun deck aft w/ space for toys, dining and lounge space under the hardtop, and a bunny pad with jacuzzi and wet bar forward. You'll be hard pressed to find another yacht in this class to match the interior and exterior layout of PANACEA.


The refit just completed on PANACEA is noting short of amazing. Everything on the interior has been touched from every piece of interior wood & cabinetry, flooring, wall coverings, LED lighting retrofit, quartz counters in heads & galley, custom SkinRock Carrara marble in heads, fixtures, updated AV, AC system serviced, custom furniture, and the list goes on. Oh and that's just for the interior. The exterior also just received a huge upgrade with all new soft goods, deck furniture, rebuilt hot tub, refreshed teak & caulking, and also a complete paint job by Luu at LMC in 2022. The engine room also just received a makeover with complete services including heat exchangers and aftercoolers to the Cat C32 mains, generators and transmissions. The engine room floor and entry way was also freshly powdercoated.


Refit Updates Full documentation is available to prospective buyers.


Interior:

  • 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


  Exterior:

  • 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


 Mechanical:

  • Complete Mechanical ServicesHeat Exchangers w/ New Plates
  • Aftercoolers Serviced
  • 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


If you're in the market for a Westport 112, Hargrave, or similar, you owe it to yourself to check out this stunning vessel. PANACEA will get you a main deck master, a 5 stateroom layout, a massive single-level flybridge with room for tender and jet ski yet still retains lounge space, PLUS a complete refit, all for $3-4M less.

Specifications

HIN/IMO: xxxxxxxxxxx

In Stock: Yes

LOA: 114' 10'' (35.00 Meters)

Type: Power- Used

Year: 2011

Beam: 23' 5''

Draft Max: 5' 11''

Cabins: 5

Sleeps: 10

Twin Berths: 2

Queen Berths: 2

King Berths: 2

Full Beam Master: Yes

On Deck Master: Yes

Heads: 6

Crew Cabins: 3

Captain's Quarters: Yes

Crew Sleeps: 6

Fuel Type: Diesel

Hull Material: Composite

Air Conditioning: Yes

Tower: No

Stabilizers: Standard

Stabilizers Brand: Wesmar

Bow Thruster: Yes

Stern Thruster: Yes

Fuel Tank: 13000 Gallons (49210.33 Liters)

Fresh Water: 3000 Gallons (11356.23 Liters)

Holding Tank: 2000 Gallons (7570.82 Liters)

Designer: Kerim Demir

Builder: Mengi Yay

Photos click to view all

Multimedia

Engines

Engine 1

  • Engine Make: Caterpillar
  • Engine Model: C32 ACERT
  • Engine Type: Inboard
  • Power HP: 1800.00
  • Power KW: 1342.26
  • Fuel Type: Diesel
  • Hours: 5120.00
  • Engine Location: Port

Engine 2

  • Engine Make: Caterpillar
  • Engine Model: C32 ACERT
  • Engine Type: Inboard
  • Power HP: 1800.00
  • Power KW: 1342.26
  • Fuel Type: Diesel
  • Hours: 5120.00

Press & Media

Panacea 115ft Mengi Yay Yacht For Sale

Panacea Completes Extensive Refit

Full Details

Listing MLS by Yachtr.com

Vessel Locations & Events

Panacea 115ft Mengi Yay Yacht For Sale

2025 Fort Lauderdale International Boat Show

Start Date: 10/29/2025
End Date: 11/02/2025

A SPLASH OF INSPIRATION

Owned by the Marine Industries Association of South Florida and Produced by Informa Markets, the Fort Lauderdale International Boat Show is the Largest In-Water Boat Show in the World.

WEDNESDAY (10/29): 12 PM - 7 PM

THURSDAY (10/30): 10 AM - 7 PM

FRIDAY (10/31): 10 AM - 7 PM

SATURDAY (11/1): 10 AM - 7 PM

SUNDAY (11/2): 10 AM - 5 PM

Contact Us

Panacea 115ft Mengi Yay Yacht For Sale

Panacea Yacht Group

608 Green Ave.
Brielle New Jersey 08730 United States
Phone: (732) 290-5304
Email: [email protected]
Website: http://www.panaceayachtgroup.com

Panacea Yacht Group, a Northeast-based yacht brokerage firm with a team extending to Florida and Mexico, caters to discerning clients seeking their dream vessels. Our team goes beyond traditional brokerage services, assisting with complex transactions and securing exclusive off-market opportunities for our clients.  


Panacea 115ft Mengi Yay Yacht For Sale

Ryan Gessel

Managing Broker

608 Green Ave.
Brielle New Jersey 08730 United States
Office: (732) 290-5304
Cell: 415-505-9172
Email: [email protected]


CONTACT THE BROKER