Published| Last updatedFeatured Image Credit: @cheappontoon/@Marlon_PTY/TwitterHopes for the seamless unveiling of an impressive floating home in Panama quickly sank when the structure ended up becoming partially submerged.You could argue that millions of floating homes already exist in the form of canal boats and fancy yachts designed for living on the water, but this new prototype built by technology company Ocean Builders takes the floating home to a whole new level.On its site, Ocean Builders explains the SeaPod features 'three half floors' and more than 300 square feet of living space, all housed 7.5 feet above the waves.Explaining how the house stays above water, the site explains: "Just like an iceberg, the hidden magic of a SeaPod lays beneath the surface.Following the events, Ocean Builders released a statement to explain the incident took place just as the second day of its unveiling was coming to an end."