St. Augustine, FL - The U.S. Coast Guard rescued two people from a sinking yacht off the coast of St. Augustine Beach on Saturday.
The Coast Guard received a distress call shortly after 11:35 a.m. on Saturday, reporting a large vessel taking on water roughly three miles offshore.
The operator of the 80-foot yacht, believed to be worth nearly $1 million, informed authorities they had struck an unidentified object and were experiencing rapid sinking.
A Coast Guard boat crew were dispatched to the scene and successfully rescued both people aboard the yacht.
No injuries were reported during Saturday's sinking.