"Izumi" 120' Palmer Johnson 120' · 2008
7 Staterooms · Twin MTU 12V4000 DDEC M90, 2,750 hp each · Naples, Florida
Key Specifications
Length120'36.6m LOA
BuilderPalmer Johnson124 Sports Cruiser
Year2008YATCO MLS listing
Guests-7 staterooms
Max Speed29 knots24 kn cruise
Fuel7,680 gal937 gal water
Asking Price$6,995,000USD
Offered by its listing brokerage through the YATCO MLS - details and photos courtesy of the listing broker, as of August 29, 2026. Double G Yacht Sales acts as your buyer's representative at no cost to you.
M/Y Izumi
A 2008 Palmer Johnson 120-footer on the market through the YATCO MLS.
"Izumi" is a 2008 Palmer Johnson 120' motor yacht offered for sale at $6,995,000, lying Naples, Florida. South Florida is the deepest brokerage market in the world for large motor yachts, and condition separates the good buys from the money pits - which is why independent buyer representation matters more here than anywhere.
Power is twin MTU 12V4000 DDEC M90, 2,750 hp each. She cruises around 24 knots and tops out near 29 knots, carrying 7,680 gallons of fuel.
Accommodations run to 7 staterooms.
Highlights
What sets this hull apart on today's market.
Greg Gaus has closed superyacht sales including the 164' Westport "Boardwalk" at $26,000,000 and the Westport 125 "Lion's Den" at $19,000,000, after 20+ years as a professional captain running vessels of this class. That is the lens every Double G buyer gets on this listing: what the hull is really worth, what the survey should focus on, and how she compares with every sistership currently for sale.
- Twin MTU 12V4000 DDEC M90, 2,750 hp each
- 7 staterooms · 6 heads
- 7,680 gal fuel - Bahamas and Caribbean legs without stress
“
The Palmer Johnson 120 was designed by the famous design team of Nuvolari & Leonard out of Venice Italy and built in Wisconsin by the Palmer Johnson Shipyard. The styling of this yacht will never go out of style, this yacht will always remain a classic.Listing description · YATCO MLS
Buyer Representation
Buy her with Greg on your side of the table.
No cost to you - the buyer's broker is paid from the existing listing commission
Full-market search - every comparable hull on the YATCO MLS compared before you offer
Licensed captain, 20+ years - attends survey and sea trial personally
Sold-price data - negotiation backed by confirmed market results, not asking prices
Full Specifications
120' Palmer Johnson "Izumi" Dossier
Dimensions & Capacities
LOA120 ft
Beam24 ft
Max Draft6.5 ft
Fuel Capacity7,680 gal
Water Capacity937 gal
Performance
EnginesTwin MTU 12V4000 DDEC M90, 2,750 hp each
Cruise Speed24 knots
Max Speed29 knots
Accommodations
Staterooms7
Heads6
Build & Listing
BuilderPalmer Johnson
Model124 Sports Cruiser
Year2008
LocationNaples, Florida
Asking Price$6,995,000
Common Questions
"Izumi" questions, answered.
How much does the 120' Palmer Johnson "Izumi" cost?
The asking price is $6,995,000. Contact Greg Gaus at Double G Yacht Sales at (954) 881-5500 - as your buyer's broker he negotiates on your side, at no cost to you.
Who is selling "Izumi"?
"Izumi" is offered by its listing brokerage through the YATCO MLS. Greg Gaus of Double G Yacht Sales represents you, the buyer: independent advice on price, survey attendance, and negotiation, paid from the existing listing commission - never by you.
What does it cost to run a 120-foot motor yacht?
As of 2026, industry estimates for a crewed 120-footer typically run high six figures to low seven figures per year, with a crew of about six to seven, covering crew, fuel, insurance, dockage, and maintenance. Greg can build a realistic operating budget for this yacht before you offer.
Where can I see "Izumi"?
She is lying in Naples, Florida and shows by appointment through your broker. Contact Double G Yacht Sales to arrange a private showing.
How does the purchase process work?
Accepted offer, then a survey and sea trial contingency of typically 7 to 14 days. Greg - a licensed captain with 20+ years at sea - attends the survey and sea trial personally and manages everything through closing.
How much is Florida sales tax on a yacht?
Florida charges 6% sales tax on boats but caps the total at $18,000 per vessel regardless of price - one of the most favorable regimes in the US. Out-of-state buyers who remove the vessel within the statutory window may qualify for an exemption.
How fast is she, and what is the range?
Cruise around 24 knots, top speed about 29 knots and 7,680 gallons of fuel with twin MTU 12V4000 DDEC M90, 2,750 hp each - comfortable Florida-Bahamas legs and seasonal Caribbean runs.
Interested in "Izumi"?
Have Greg Represent Your Offer
Asking $6,995,000, lying Naples, Florida. Contact Greg Gaus for the full specification package, sisterships comparison, and a private showing - buyer representation at no cost to you.
Contact Greg →