MIAMI BEACH (CBSMiami) – “Bliss”, an 80-foot yacht, was anything but blissful Saturday morning.

According to the U.S. Coast Guard, the yacht caught fire about 15-20 miles off the coast of Miami Beach.

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The fire’s timing couldn’t have been worse: Coast Guard Cutter Sitkinak was in the process of boarding the vessel.

Aboard the boat were three people, who jumped into the water and were rescued by the Coast Guard.

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Coast Guard officials said the Bliss is partially submerged and commercial salvage is being arranged.

No injuries were reported.

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