The boat's maximum capacity is 16 people, but authorities said 32 people were rescued when the yacht began to sink on Saturday.

Dozens of people were rescued from a sinking 'Lamborghini' yacht near Miami on Saturday, May 3, authorities said. No injuries were reported.

The 65-foot yacht that sank near Miami Beach Saturday with more than 30 social media influencers on board was woefully over capacity, according to the specifications on a for-sale listing for the vessel. The Tecnomar Lamborghini 63 — named TNT — went down in shallow water near Monument Island shortly after 5 p.m.