Mystic Powerboats Mystic Powerboats was founded in 1996 by John Cosker. The company was started in Melbourne, Florida but eventually moved to Port Orange, Florida because of its proximity to Daytona Beach. Daytona’s inlet to the ocean allowed easier real-world testing for new boats.
In 2004, Construction begins on the SL700, Mystic's largest build at 70'x16'. This custom boat was commissioned by and engineered for a customer who liked speed as much as they liked luxury. Powered by twin Caterpillar 1800 HP diesel engines, the SL700 was capable of speeds of over 80mph.