A floating island is a mass of floating aquatic plants, mud, and peat ranging in thickness from a few inches to several feet. Floating islands are a common natural phenomenon that are found in many parts of the world. They exist less commonly as a man-made phenomenon. Floating islands are generally found on marshlands, lakes, and similar wetland locations, and can be many hectares in size.

Sometimes referred to as tussocks, floatons, or suds, natural floating islands are composed of vegetation growing on a buoyant mat of plant roots or other organic detritus. Some cenotes in northern Mexico have natural floating islands.

They typically occur when growths of cattails, bulrush, sedge, and reeds extend outward from the shoreline of a wetland area. As the water gets deeper the roots no longer reach the bottom, so they use the oxygen in their root mass for buoyancy, and the surrounding vegetation for support to retain their top-side-up orientation^{[citation needed]}. The area beneath these floating mats is exceptionally rich in aquatic lifeforms. Eventually, storm events tear whole sections free from the shore, and the islands thus formed migrate around a lake with changing winds, eventually either reattaching to a new area of the shore, or breaking up in heavy weather.