MIAMI. -- An 80 foot yacht named "Bliss" was anything but blissfull.



The yacht caught fire and then started to sink. You can see the stern is completely under water.



According to the U.S. Coast Guard, the yacht caught fire about a mile off the coast of Miami Beach.



The Coast Guard was in the process of boarding the vessel for a routine inspection when it caught fire.



The three passengers on-board jumped into the water and were rescued by the Coast Guard. Luckily no injuries were reported.