40 Island Packet 1996 Boat for Sale

Island Gypsy

ASKING PRICE: $125,000 Watch Price

Palmetto, FL

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Last updated Jan 25, 2026

Island Gypsy Boat | 40' Island Packet 1996

THE BOAT IS NOW PRICED TO TAKE INTO ACCOUNT WHAT A NEW OWNER MIGHT WANT TO DO TO THE BOAT. IT IS NOT A STARTING POINT FOR A LOW-BALL OFFER.
This is a chance to purchase a very accommodating cruising/liveaboard boat. There are many attractive features.
Island Packet made 137 between1993 and 2000. It is the ultimate cruising boat. There is more storage than any competing boat of its size, a cruising or liveaboard necessity . The integrated hull and keel eliminate the keel bolt issues many others have.

2 AC units
Radar
New holding tank
KATO davits
Spinnaker
VacuFlush heads

https://iphomeport.com/forum/model_info.php?ip_model=IP40
Call the listing broker for more information.

Denison Yachting - San Francisco is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Massey Yacht Sales & Service.

Denison Yacht Sales offers the details of this yacht in good faith but can’t guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

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Island Gypsy HIGHLIGHTS

Yacht Details: 40' Island Packet 1996
Location: Palmetto, FL
Engines: Yanmar
Last Updated: Jan 25, 2026
Asking Price: $125,000
Max Draft: 4' 8''

Island Gypsy additional information

Specifications

Beam: 12' 11''
Hull Material: Fiberglass
Max Draft: 4' 8''
Displacement: 22,800 lb
Fuel Tank: 1 x 90|gallon
Fresh Water: 1 x 170|gallon
Holding: 1 x 30|gallon
Cabins: 2
Heads: 2

Accommodations

With 2 staterooms and 2 heads you'll enjoy comfortable accommodations for 4 people, or up to 7 utilizing the convertible berth to starboard in the main salon and the settee to port.

In the V of the boat is the forward head with VacuFlush toilet, shower, teak shower seat w/curtain, large vanity w/polished stainless steel sink, unbreakable mirror, storage cabinets, and recessed lighting.

The roomy and comfortable owner's suite is next. It has a queen-sized Pullman berth, excellent ventilation and ample storage with bins and drawers underneath the berth,(6) cedar lined bureau drawers, and a cedar-lined hanging locker to port.

The spacious main salon has a bulkhead mounted fold-up dining table that expands a second time to provide salon-wide dining. An L-shaped settee which pulls out to make a double berth is to starboard. To port is a straight settee with a chart storage drawer underneath, and another cedar-lined hanging locker. There are large storage areas behind and under both settees.

The navigation station, with navigation desk and instrument panel, is located to starboard and utilizes the end of the settee as a seat.

The large galley has an all Stainless Steel gimballed 3-burner propane stove with oven with pot and pan storage underneath, double s/s sinks with hot/cold pressure water and a manual water pump, refrigerator/freezer, microwave oven, roll away trash bin, and ample storage in the form of cubbies, cabinets, and cutlery drawers.

The aft cabin features a large berth, storage bins, drawers and cedar-lined hanging locker. The aft head is accessible from both the salon and aft cabin and features a drop down teak shower seat and curtain, VacuFlush toilet, vanity w/stainless steel sink, and full length unbreakable mirror.

The engine is under the companionway and is easily accessible from all four sides.

The cockpit is large and comfortable with cockpit seats that are easily long enough for lounging or sleeping. It has lots of storage including a cockpit ice box and large lazarette.

Galley