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Missing Florida teens' boat found empty

Perry Cohen and Austin Stephanos' 19-foot boat was found capsized off-shore, but the search continues for the two 14-year-old boys
Grim discovery in search for missing teenage Florida boys 01:59

TEQUESTA, Fla. -- The Coast Guard says a boat belonging to two missing 14-year-old fishermen has been found off Florida's Atlantic coast.

Petty Officer Steve Lehman says the boat was found Sunday about 67 miles off Ponce de Leon Inlet in Volusia County.

Perry Cohen and Austin Stephanos were last seen Friday in the Jupiter area buying fuel for their 19-foot boat.

Lehman says the boat was found capsized and neither boy was in or around the boat.

The boat will be anchored in place while search-and-rescue efforts continue. Lehman says the Coast Guard is recalculating its search plans based on the boat's location.

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Perry Cohen, left, and Austin Stephanos, both 14. Cohen and Stephanos were last seen Friday afternoon, July 24, 2015, in the Jupiter, Fla. area buying fuel for their 19-foot boat before embarking on a fishing trip. (U.S. Coast Guard via AP) U.S. COAST GUARD VIA AP

NFL Hall of Famer Joe Namath is offering a $100,000 reward in the search. Perry is Namath's neighbor, and the former football player said the boys were experienced boaters.

"We've got to believe in their wherewithal," Namath said at a news conference according to CBS Miami.

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