954-527-4848
1987 Magnum 70 Convertible
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1987 Magnum 70 Convertible

$899,000 Miami Beach, FL, USUsed

Length

70 ft

Engines

2x CRM Diesel Engines

Total Power

3,300 hp

Specifications

Year1987
MakeMagnum
Model70 Convertible
Length70 ft
Beam17 ft
Hull MaterialFiberglass
Hull IDMIC33v5e4087
ConditionUsed
Engines2
Total Power3,300 hp
LocationMiami Beach, FL, US

Engine Details

Engine 1: CRM Diesel Engines 18-Cylinder

Power: 1650|horsepower

Engine 2: CRM Diesel Engines 18-Cylinder

Power: 1650|horsepower

Description

70' Magnum 70 ConvertibleMiami Beach, FloridaTriple Crown


All trades considered!


A rare and striking example of Italian design and performance, “Triple Crown” is a 70' Magnum Convertible originally designed by Pininfarina and extensively rebuilt with no expense spared. This yacht represents a unique blend of high-performance engineering, luxury craftsmanship, and timeless styling.


Completely rebuilt from the stringers up during an extensive refit completed in 2012, the vessel has been meticulously maintained by a professional captain and crew for more than two decades. The result is a yacht that delivers both exhilarating performance and exceptional comfort for entertaining or cruising.


A recent survey completed in 2019 valued the vessel at $3,000,000 with a replacement value of $6,500,000. Detailed invoices documenting the rebuild and upgrades are available for qualified buyers.


Vessel Specifications


Length Overall: 70'
Beam: 17'
Draft: 4'
Year: 1987 / Refit 2012
Hull Material: Fiberglass


Engines:
Twin CRM 18-Cylinder Diesel Engines
1,650 HP Each


Cruise Speed: 30 MPH
Top Speed: 48 MPH


Fuel Capacity: 1,200 Gallons


Generator: Northern Lights 20KW


Highlights


• Complete structural rebuild (2012)
• Designed by renowned Italian design house Pininfarina
• Custom sport bridge helm with fighter-jet style joystick controls
• Extensive luxury interior refit
• Multiple surveys available
• Professionally maintained with open-checkbook program


Interior Features


The interior of Triple Crown was completely redesigned to provide a unique entertainment environment rarely seen in yachts of this size.


Upper Salon


• Full wet bar with refrigeration and icemaker
• Granite countertops
• Pop-up Samsung TV
• Leather bar stools
• Suede and leather seating
• Integrated LED lighting system


Lower Lounge


• Large U-shaped seating area
• Hidden audio/visual equipment
• Built-in cigar humidor
• Sub-Zero refrigeration drawers
• Wine cooler
• Custom liquor display storage


Electronics


• Furuno NavNet chartplotter
• Furuno radar
• Furuno depth sounder
• Simrad AP26 autopilot
• FLIR night vision
• ACR Global EPIRB
• Dual Icom VHF radios
• Engine room and underwater camera systems


Mechanical


• Twin CRM diesel engines – 1,650 HP each
• ZF transmissions
• Arneson surface drives
• Spare propellers included
• Northern Lights 20KW generator
• Mastervolt battery chargers


Deck & Cockpit


• Spacious cockpit with custom seating
• Stainless spiral staircase to sport bridge
• SeaDek cockpit flooring
• Boarding stairs port and starboard
• Custom swim ladder


Notable History


The vessel underwent two extensive rebuilds during its lifetime. The most significant renovation occurred between 2005 and 2012 following hurricane damage, when the yacht was rebuilt down to the hull and structural components. More than $6 million was invested to create the yacht seen today.


Magnum 70 Background


The Magnum 70 series represents one of the most distinctive high-performance yachts produced by Magnum Marine. Early examples of the Magnum 70 were equipped with powerful CRM diesel engines and designed to deliver exceptional speed, handling, and long-range cruising capability.


One of the first Magnum 70 models, delivered in 1989 with twin CRM 1,800 horsepower diesel engines, operated extensively in Japan's Inland Sea. Prior to entering service, the vessel underwent traditional Japanese blessing ceremonies performed by both Shinto and Buddhist priests, a customary practice intended to purify and protect the vessel during its voyages.


The yacht operated successfully in Japan for many years and developed a reputation for reliability and durability. Decades later, the vessel continued to remain in service, demonstrating the strength of the Magnum hull design and engineering.


Today the Magnum 70 series remains highly regarded for its combination of Italian styling, powerful performance, and custom craftsmanship.

Additional Details

Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Yacht Access is pleased to assist you in the purchase of this vessel.

Market Evaluation

How this price compares to similar 1987 Magnum 70 Convertible vessels.

Median: $764,281This Yacht
Above MedianBased on comparable market data
D

Drew D'Onofrio

Principal Broker / Owner

Typically responds within a few hours

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