RedactedNarrative: V1 STRUCK UNDERWATER OBJECT AND BEGAN TO TAKE ON WATER.  BILGE PUMP CEASED AND V1 BEGAN TO SINK UNTIL ON THE BOW REMAINED OUT OF THE WATER.  OCCUPANTS WERE LOCATED ON THE BOW OF V1 WITH THEIR LIFEJACKETS ON.
NameOfBodyOfWater: GULF OF MEXICO
NearestCityTown: HERNANDO BEACH                