This is more of a shelf display piece and not really meant to be a kid's toy. It's my first attempt at a minifig scale MOC. And no, it definitely does not float.
The sailboat frame uses a somewhat "illegal" building technique of linking brick 1 x 2 pieces to create a curved hull. A sewing string is used to make the rigging lines. I've added sails cut out of a white plastic trash bag. You could, of course, keep it 100% lego without these.
Waiting for Inventory to load
These types of files are created with the LDraw system of software. You will need to install compatible software to open and view the instructions. A full list of available software is on the LDraw site.
This MOC also has a 3D digital file available (eg LDD, MPD, etc): 3D Model