2008 Palmer Johnson 124

Izumi is a 2008 Palmer Johnson 124 Sports Cruiser, a 120-foot aluminum sport yacht with Italian lines from Nuvolari & Leonard and American build quality underneath. Seven cabins, twin 2,750 hp MTU diesels and a 24-knot cruise put her in the small group of big yachts that are genuinely fast. Buyers who want a proven, charter-capable platform without waiting three years for a new build should pay attention.
 

The 124 Sports Cruiser suits an owner who actually cruises rather than sits at the dock. Seven staterooms and six heads mean a large family, two families splitting costs, or a charter programme all work without shuffling guests around at night. She is a strong fit for US East Coast and Bahamas running, while buyers planning long Mediterranean seasons gain the advantage of an American-built hull with no duty exposure. Anyone comparing a smaller flybridge should walk the aft deck and tender space before dismissing the fuel bill.
 

Is the 2008 Palmer Johnson 124 Sports Cruiser Izumi for Sale?

Yes, this 2008 Palmer Johnson 124 Sports Cruiser, Izumi, is currently offered for sale through its listing broker. The yacht is located in Naples, Florida, and is being actively marketed to buyers who want a proven, charter-capable platform without waiting three years for a new build. Because the Palmer Johnson 120 has held value better than most 2008 sport yachts and a yacht for sale of this calibre rarely stays on the market through a full season, availability may be limited.
 

For buyers, availability is less important than the condition of the specific boat. Engine hours, MTU 12V4000 service records, the 2022-2023 refit invoices, aluminum plating condition, hull survey, and interior finishes should all be reviewed. A well-documented example with completed refit work can have a very different ownership profile from another Palmer Johnson 124 that has deferred maintenance.
 

2008 Palmer Johnson 124 Sports Cruiser Izumi Price

The asking price for this 2008 Palmer Johnson 124 Sports Cruiser Izumi is $6,995,000 USD, and recent spending supports firmness. The Palmer Johnson 120 has held value better than most 2008 sport yachts, since the design still looks current and aluminum hulls are repairable rather than disposable, which supports resale. Completed 2022-2023 refit work also means the next owner buys maintenance already paid for. Asking prices are subject to change and should not be treated as confirmed transaction values.
 

The purchase price is only part of the budget for a 120-foot aluminum sport yacht. Fuel is the honest number here. Twin MTU 12V4000 engines at a 24-knot cruise will drink somewhere between 200 and 250 gallons an hour, so a Naples to Key West return leg runs roughly $3,000 to $4,000 in diesel alone. Budget 8 to 10 percent of hull value each year for crew, dockage, insurance and yard time. Buyers should also account for a professional survey, haul-out, and general upkeep.
 

Performance and Propulsion

This Palmer Johnson 124 Sports Cruiser is powered by twin MTU 12V4000 DDEC M90 diesels at 2,750 hp each, delivering a 29-knot top end and a relaxed 24-knot cruise. The MTU 12V4000 DDEC M90 is a high-performance marine diesel known for strong power output and reliable operation, and the twin installation puts this 120-foot aluminum sport yacht in the small group of big yachts that are genuinely fast.
 

Aluminum construction keeps displacement down, which shows up directly in fuel burn at cruise, while the hull is designed for serious cruising rather than sitting at the dock. Actual speed and fuel consumption depend on load, sea conditions, propeller condition, and hull maintenance, so a sea trial should be used to verify the performance of the individual yacht. Twin MTU 12V4000 engines at a 24-knot cruise will drink somewhere between 200 and 250 gallons an hour.
 

Exterior Design and Construction

This 2008 Palmer Johnson 124 Sports Cruiser, Izumi, features Nuvolari & Leonard exterior styling drawn in Venice and built in Wisconsin, a shape that has aged better than most 2008 sport yachts. The American-built hull avoids EU import duty for owners who plan Mediterranean seasons, and aluminum construction keeps displacement down. The aft deck and tender space are generous enough that buyers comparing a smaller flybridge should walk them before dismissing the fuel bill.
 

Buyers should inspect the aluminum hull and deck, stringers, bulkheads, running gear, shafts, propellers, rudders, through-hulls, fuel tanks, steering system, and any signs of corrosion or previous structural repairs. Before offering, get oil analysis on both mains, ultrasound readings on the aluminum plating and the 2022-2023 refit invoices in hand. Deck hardware, railings, and the aft deck and tender space should also be tested.
 

Interior and Accommodation

This 2008 Palmer Johnson 124 Sports Cruiser offers seven staterooms and six heads, enough berths for a large family or a full charter rotation without anyone doubling up. Seven staterooms and six heads mean a large family, two families splitting costs, or a charter programme all work without shuffling guests around at night. The interior reflects the Italian styling of the exterior and the documented 2022-2023 refit and maintenance programme.
 

Individual boats may have different upholstery, appliances, flooring, entertainment systems, and interior finishes depending on subsequent refits. Buyers should inspect the galley equipment, refrigeration, air-conditioning, plumbing, bilge systems, and all accommodation spaces for condition and evidence of regular maintenance. The seven-stateroom, six-head arrangement gives owners, guests, and charter parties genuine privacy and comfort.
 

What to Check Before Buying a 2008 Palmer Johnson 124 Sports Cruiser Izumi

Look at Izumi if you want speed, seven cabins and a design that photographs as well as it performs. Before offering, get oil analysis on both mains, ultrasound readings on the aluminum plating and the 2022-2023 refit invoices in hand. The survey should cover the aluminum hull and deck, stringers, bulkheads, running gear, shafts, propellers, rudders, through-hulls, fuel tanks, steering system, electrical equipment, air-conditioning, plumbing, and bilge systems. The aft deck, tender space, deck hardware, and railings should also be tested.
 

The twin MTU 12V4000 DDEC M90 diesels should be inspected individually, including engine hours, service records, oil analysis, diagnostic reports, cooling systems, turbochargers, exhaust components, transmissions, shafts, and propellers. Buyers should also test navigation electronics, autopilot, VHF radios, refrigeration, pumps, air-conditioning, and other onboard systems. Asking price sits at $6,995,000 USD and recent spending supports firmness. Request the full specification pack or arrange a Naples showing through the listing broker while she is still stateside, because a yacht for sale of this calibre rarely stays on the market through a full season.