1987 Magnum 70 Convertible

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.