"They've been seeing each other for about three months," a source tells PEOPLE as O'Donnell's rep insists the women are just friends

By People Staff
Updated September 18, 2015 05:30 PM
Credit: Splash News Online

Rosie O’Donnell and Tatum O’Neal spent some time relaxing on open water Thursday.

The pair were spotted boating together near O’Donnell’s home in West Palm Beach, Florida. The women stayed out for a short time, but had to return to shore because of rain.

O’Donnell’s rep denies that the star is in a relationship with O’Neal, who revealed exclusively to PEOPLE in May that she now dates women. O’Donnell’s rep says O’Neal was just one of several friends the comedian hosted at her house for the week.

“They are friends, nothing more,” the rep tells PEOPLE. “There are several people with her, all friends.”

But a source says O’Donnell, 53, and O’Neal, 51, are more than friends.

“They seem crazy for each other. It’s mutual. They’ve been seeing each other for about three months,” the source says. “They have known each other for many years but this has turned into more than a friendship.”

The source adds that this is O’Neal’s first relationship in a long time.

On Tuesday, O’Neal tweeted – and then deleted – this cryptic tweet: “#vacations my wife and I woo woo!!! #Ilovemylife.”

The tweet linked to a now-removed Instagram photo of a palm tree with a caption featuring both a heart and two women emojis.

Asked by a Twitter user if she’d gotten “hitched,” O’Neal responded, “no it was a joke.”

Earlier this month, a source told PEOPLE O’Donnell and O’Neal were “romantically involved,” and in a “bicoastal relationship.”

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The new relationship comes following a series of difficult events for O’Donnell, who recently filed for divorce from Michelle Rounds,and lost her father, Edward O’Donnell. Her daughter Chelsea moved out after going missing last month.