Cedric The Entertainer damn near lost his mind when he feasted his eyes on Magic Johnson's floating mansion.
The comedian was cruising on a small launch boat in St. Tropez ... and as he got closer and closer to the Hall of Famer's super-yacht you can hear Cedric get giddy. Now that's one helluva first impression. The yacht -- called the Aquila -- is a 281-foot ship that costs nearly a MILLION BUCKS per week to rent.

Magic and his wife, Cookie, kicked off their annual yacht vacay in early August.