MIAMI (CBSMiami) – Singer Marc Anthony’s yacht, which was destroyed by a fire about two weeks ago, could soon be hauled away.

The wreckage has been uprighted off its side.

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According to the Coast Guard, who is overseeing the removal of the charred yacht, cleanup costs are going to be about $300,000.

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The Coast Guard said money is coming from a national fund.

The NTSB is investigating the fire, but so far there’s no word on what caused the $7 million boat to go up in flames.

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It will be towed out of the marina on Watson Island sometime in the near future.