RedactedNarrative: Vessel 1 (V-1) was traveling west in the Intercoastal Waterway (ICW) near channel marker 30.  V-1 observed smoke coming from the bow area.  V-1 operated the vessel to the north side of the ICW and ground the vessel on the shoreline 100 yards east of Big Lagoon State Park Boat Ramp.  V-1 electrical power shut off by Escambia Fire Dept.  V-1 position due to being grounded caused rear scuppers to move below waterline and take on water. V-1 port aft of vessel sank under water and rested on the bottom after electrical power was secured. 
  
  I took pictures of the vessel but due to the strong presence of a chemical vapor, I was advised not to enter the vessel by Escambia County Fire Department.  Sea tow arrived on scene and tied the vessel to a tree to secure it till the next morning.  
  
  On 3 December 2016 Sea tow followed up and floated the vessel up by pumping the water out. They then towed the vessel to Barber Marina in Elberta, Al.
  
  On 5 December 2016, I arrived at Barber Marina and continued my investigation.  During the investigation I took several pictures and interviewed the owner/operator.  The inside cabin area was completely charred and showed signs that the fire spread throughout the entire cabin.  Due to the blistering and bubbling of the gel coat on the port  hull, I determined this is where the fire was the hottest.  Also, on the inside of the cabin, the area which is next to the electrical panel seemed to be burned the most leading me to believe this was started as an electrical fire.  
  
  Damages to the vessel include fire damage to the interior cabin and all electrical components, port hull to include gel coat damage and damages to both motors since they were submerged under water for 15 hours.