Mengi Yay Mengi Yay

2011 Mengi Yay 115'

Panacea

2011 Mengi Yay

115' (35.05 m) -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

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.
    Last Updated: 2026-06-17 17:26:27

MASSIVE $500,000 PRICE REDUCTION!!!

$ 2,950,000 USD
1306 Main Street FL 34236 Sarasota, FL USA
1-941-365-9095 info@sysyachtsales.com

Overview

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.


SYS Yacht Sales is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Panacea Yacht Group. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel

Gallery

Quick Specs

Category: Superyacht

Vessel ID: 2824830

LOA Feet114'

LOA Inch10''

LOA Meters35.00''

Beam Feet23'

Beam Inch5''

Draft Max Feet5'

Draft Max Inch11''

Fuel Tank (Gallons)3434.24

Fuel Tank (Liters)13000

Fresh Water (Gallons)792.52

Fresh Water (Liters)3000

Holding Tank (Gallons)528.34

Holding Tank (Liters)2000

TypePower

ConditionUsed

LOA: 114' 10'' (35.00 Meters)

Type: Power- Used

YearYear: 2011

Beam: 23' 5''

Draft Max: 5' 11''

Queen Berths: 2

King Berths: 2

Twin Berths: 2

Heads: 6

Cabins: 5

Sleeps: 10

Crew Heads: 2

Crew Cabins: 3

Crew Sleeps: 6

Fuel Type: Diesel

Hull Material: Composite

Flag: Marshall Islands

Air Conditioning: Yes

Stabilizers: Standard

Stabilizers Brand: Wesmar

Fuel Tank: 3434.24 Gallons (13000 Liters)

Fresh Water: 792.52 Gallons (3000 Liters)

Holding Tank: 528.34 Gallons (2000 Liters)

HIN/IMO: xxxxxxxxxxx

In Stock: Yes

Imported: No

Designer: Kerim Demir

Builder: Mengi Yay

Engines

Engine 1

  • Engine Make: Caterpillar
  • ModelEngine Model: C32 ACERT
  • Engine TypeEngine Type: Inboard
  • Power HPPower HP: 1800.00
  • Power KWPower KW: 1342.26
  • Feul TypeFeul Type: Diesel
  • HoursHours: 5120.00
  • Engine LocationEngine Location: Port

Engine 2

  • Engine Make: Caterpillar
  • ModelEngine Model: C32 ACERT
  • Engine TypeEngine Type: Inboard
  • Power HPPower HP: 1800.00
  • Power KWPower KW: 1342.26
  • Feul TypeFeul Type: Diesel
  • HoursHours: 5120.00
  • Engine Quantity2
  • Full Details

    Listing MLS by Yachtr.com

    Contact Broker

    For more information about this yacht contact SYS Yacht Sales.
    We look forward to working with you!

    Want more information about this yacht?

    SYS Yacht Sales

    1306 Main Street
    Sarasota FL 34236 USA
    Phone: 1-941-365-9095
    Email: info@sysyachtsales.com
    Website: https://sysyachtsales.com

    "With over 30 years in the yacht sales industry, we specialize in new and used yachts for sale ranging from 30 to 200+ feet. Experience why our clients say they will never go anywhere else...Experience the SYS Difference!"

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