RedactedNarrative: V1 caught fire in open water, from unknown mechanical malfunction.
  
  Operator stated that he and Subject1, were on their way back to Founders Park Marina from Alligator Reef when the port side engine alarm had gone off and cut off power to the engines. Operator left the bridge of the vessel and went to check the engines. He stated that he could smell the fumes from the Halon fire extinguisher, he then cracked the hatch to the engine bay when he noticed black smoke emerging from the hatch. 
  
  Operator then instructed Subject1 to grab the life jackets, while he radioed for help and grabbed the dog and two cell phones. Operator and Subject1, wearing their life jackets, exited the vessel into the water. Operator explained that they were picked up by USCG Islamorada shortly after. Operator also informed me that he had recently bought the vessel and that it is valued at $225,000.00.
  