Method and apparatus for a floatable and collapsible cart having a storage compartment formed by a framed assembly with waterproof material mounted thereon. Floatation material is disposed in the bottom of the storage compartment and front and rear ground contacting wheels are provided below and in line with the opposite sides of the storage compartment which may be converted between a folded position and an unfolded position. Objects may be loaded into the storage compartment and pulled by a user on the surface of the water between a boat and the seashore and then rolled along the seashore. A pull cord is provided for pulling the wagon.