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2003 Palmer Johnson 120FT For Sale

Fort Lauderdale, Florida
·
Pre-owned
·
2685 H
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Available Now

$5,500,000
·
US Tax Paid

Boat Type

Megayacht+1

Year

2003

Length

124.34 ft

Guests

10

Cabins

4

Drive Type

V-Drive

HP / Engine

2000 HP

Cruise Speed

24 KN

Top Speed

30 KN

Fuel Type

Diesel


Vessel Description

2003 Palmer Johnson 120FT for Sale in Fort Lauderdale, Florida

$2.5 Million Refit
·
Interior Artifacto & Ditre
·
Spacious, Sophisticated Layout

Top 5 Reasons to Purchase this 2003 Palmer Johnson 120' Sportyacht

  1. $2.5 Million Refit – Virtually a New Yacht
    Fresh from an extensive $2.5 million refit, this Palmer Johnson 120' has been meticulously upgraded from bow to stern. Every major system—mechanical, electrical, interior, and exterior—has been refurbished or replaced. The result is a yacht that feels brand new, combining peak performance with uncompromising luxury.
  2. Iconic Nuvolari-Lenard Exterior – Custom Interior by Artifacto & Ditre Italia
    Featuring the unmistakable lines of Nuvolari-Lenard and a sleek metallic finish, this PJ120 commands attention in any harbor. The interior, professionally curated by the owner's team in collaboration with Artifacto and Ditre Italia, exudes refined European elegance with premium materials throughout.
  3. Thrilling Performance
    Powered by twin MTU engines, she reaches exhilarating top speeds of 30 knots and cruises comfortably at 24 knots and at economical speeds, a 900-nautical-mile range—delivering both speed and efficiency.
  4. Spacious, Sophisticated Layout
    Accommodating up to 10 guests in 4 luxurious staterooms, including a full-beam master suite, the open-concept salon and contemporary design offer a sense of airy sophistication rarely found on a yacht of this size.
  5. Charter-Ready or the Ultimate Private Escape
    Turnkey and charter-ready, this yacht is equally suited for private ownership or high-end charter operations. Her combination of pedigree design, modern upgrades, and performance makes her one of the most compelling offerings in her class.




A striking example of modern performance yachting, This yacht is a 120-foot aluminum sport yacht built by the legendary Palmer Johnson and designed by the world-renowned Nuvolari-Lenard studio. Delivered in 2003, she combines aggressive styling, exhilarating speed, and refined luxury in a sleek, low-profile platform that continues to turn heads in every marina.

This vessel is the epitome of European-inspired performance and American craftsmanship. Her metallic grey hull, sweeping lines, and tinted wraparound glass deliver instant curb appeal, while her high-performance MTU engines push her to a top speed of 30 knots. At a cruising speed of 24 knots, the Palmer Johnson 120 offers a range of approximately 900 nautical miles, making her ideal for island hopping, coastal cruising, or short-term charters.


Exterior Design & Deck Layout

The exterior spaces aboard the Palmer Johnson 120 are built for entertaining and leisure. The aft deck features a large alfresco dining area, sunpad lounge, and direct access to the hydraulic swim platform. The foredeck offers another sunning and relaxation zone with unobstructed views forward.

Below the aft sunpad lies a spacious tender garage, perfect for storing a RIB tender and a full complement of water toys. Access to the water is effortless with the swim platform, which also serves as a launch pad for paddleboards, Seabobs, or diving adventures.


Interior Style & Accommodations

Step into a modern, minimalistic interior with high-end materials and panoramic views through large salon windows. The main salon is open and airy, with a relaxed yet refined atmosphere. It includes plush lounge seating, a formal dining area, and a retractable flat-screen TV.

Palmer Johnson 120 comfortably accommodates up to 10 guests in 4 staterooms, all located on the lower deck:

  • full-beam master suite amidships with en-suite bathroom, desk, and walk-in wardrobe
  • Two VIP cabins forward with en-suite bathroom and wardrobe
  • One twin cabin with two Pullman berths, ideal for children or additional guests with en-suite bathroom and wardrobe

The yacht also sleeps up to 5 crew in well-appointed quarters forward, ensuring high-level service without sacrificing guest privacy.


Mechanical & Performance

  • Engines: 2x MTU 396 TE94
  • Top Speed: 30 knots
  • Cruising Speed: 24 knots
  • Range: Approx. 900 nautical miles with economical speeds.
  • Construction: Lightweight, durable aluminum hull


Navigation & Electronics

  • GPS, Chart Plotter, Radar
  • Autopilot, AIS, VHF
  • Log-Speedometer, Depthsounder
  • Flat Screen TVs in all cabins and salon
  • Wi-Fi connectivity throughout
  • Entertainment system with DVD/CD/Radio


Interior & Galley Equipment

  • Air Conditioning (reverse cycle)
  • Full-service galley with refrigerator, oven, microwave, dishwasher
  • Washer/dryer
  • Freshwater maker
  • Electric heads
  • Bow thruster
  • Battery chargers and shore power

Deck & Additional Equipment

  • Teak decks (cockpit and side)
  • Davit for tender launch
  • Liferaft and safety equipment
  • Hydraulic swim platform and gangway
  • Cockpit table, cushions, and shower
  • Radar reflector
  • Ample storage for toys and gear

Summary

Whether you’re a performance enthusiast, luxury connoisseur, or charter operator, Palmer Johnson 120 offers an unrivaled combination of style, speed, and comfort. Her standout design, elite pedigree, and versatile layout make her an excellent option for private cruising or luxury charter.

She is actively maintained and ready for her next owner.

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.

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2003 Palmer Johnson 120FT Range Calculator

NautiX Range Finder for Palmer Johnson 120FT powered by YachtWay.
This is an estimate based on available data and is intended for reference purposes only - not as a performance guarantee. As more performance data is collected, accuracy will continue to improve.

Technical Specifications

Country of Origin

United States

Vessel Designer

Nuvolari Lenard

Boat Type

Megayacht+1

Hull Material

Aluminum

Hull Number

PJAP6202I303

Cabins

4

Guests

10

Wet Heads

5

Single Beds

3

Information on this listing is provided in good faith by YachtWay and the listing broker/dealer, but accuracy is not guaranteed. All details are subject to change and buyers should independently verify specifications, condition, and availability before purchase.

2003 Palmer Johnson 120FT Price Value Factors

Several factors determine the value of a yacht like the 2003 Palmer Johnson 120FT listed by New Gen Yachts.

Age

This vessel was built in 2003. Newer yachts often retain higher value compared to older builds.

Options & Features

Upgrades such as Radar, Onboard WiFi, TV, Underwater Lights, Satellite Internet & , or advanced electronics can increase the value of this Palmer Johnson 120FT.

Engine

This yacht shows 2685 engine hours. Lower hours generally indicate less wear, similar to mileage on a car. Powered by MTU, which also influences long-term value.

Warranty

This Palmer Johnson 120FT does not seem to have an active warranty.

Other Market Factors

Price may also be influenced by seasonal demand, available inventory, and vessel location.

Seller Info

New Gen Yachts

Member since 2026
·
Miami Florida