The SR 500 in the LX (Luxury) version is 16' and 5'' (5.00 m) long and can be fitted with outboard engines from 90 HP to 140 HP maximum. With capacity to carry up to 6 people, it has capacity for up to 3,520 lbs (1,600 kg) of cargo. The SR 500 is designed and built to face prohibitive sea conditions for other types of vessels of its size. It is a safe, agile, light and economical boat.

Widely used by the Armed Forces, it is also perfect for pleasure with family and friends. It has a anchor locker in the bow with a stainless steel mooring ring to tie the anchor line, and a 31 gallon (116 liters) watertight box in the bow with fiberglass cover.

Its seat cushions are built with the seamless upholstering system by the German Hinterschaum foam injection process, and there is a large stern storage compartment with 114 gal capacity which offers room to accommodate batteries, engine oil tank, accessories, and room to store lots of other objects. It can optionally be equipped with a "Targa" style arch, 7 gallon (28 liter) fresh water tank and many other accessories.