Dozens rescued from yacht after it began sinking off Miami Beach

This image provided by the US Coast Guard Southeast shows crew and partner agencies responding to a 63-ft vessel taking on water near Monument Island (US Coast Guard Southeast via AP)

Thirty-two people have been safely rescued after a Lamborghini yacht began sinking off Miami Beach during the weekend, the US coast guard said.

The 63ft boat began taking on water off Monument Island late Saturday afternoon.

Crews from the coast guard, Florida Fish and Wildlife Conservation Commission and marine patrol units from local police agencies responded to calls for help.

Thirty-two people were rescued from the yacht (US Coast Guard Southeast via AP)

The rescued people were taken to the Miami Beach Marina.

“We saw, like, a bunch of cop boats, like police boats, and there was another yacht that was flipped over, completely vertical in the water,” Rachel Miller, who witnessed the incident, told Miami television station WSVN.

Authorities said they do not yet know why the yacht began taking on water.

It was later pushed out of the channel and did not pose a threat to those in boats, the coast guard said.

The fish and wildlife agency will lead an investigation.

Monument Island is near Star Island, home to many celebrities.

It was a busy weekend in south Florida, with an air and sea show drawing large crowds to the beach in Fort Lauderdale and the Miami Grand Prix in nearby Miami Gardens.