The 25th annual Yacht & Brokerage Show begins Thursday on Miami Beach.
The water display features more than 500 new and pre-owned yachts, valued collectively at more than one billion dollars.
The event is free and open to the public. It will take place along the Indian Creek Waterway at Collins Avenue (between 41st Street and 51st Street).
This year, a $60 million yacht named "Diamonds are Forever" is already stealing the spotlight. The 200 foot super yacht features six bedrooms, four wave runners, and its own elevator. The vessel also comes with 14-person crew.
"The yacht has been across the Atlantic three times. We've been in Europe, pretty much all over," said Captain Francisco Chadinha.
The show runs through February 18th. For more information, head to the event's website.