This third film in the series follows a group of marine biologists attempting to capture a young great white shark that has wandered into Florida's Sea World Park. However, later it is discovered that the shark's 35-foot mother is also a guest at Sea World. What follows is the shark wreaking havoc on the visitors in the park.

Prominent gang leader Cyrus calls a meeting of New York's gangs to set aside their turf wars and take over the city. At the meeting, a rival leader kills Cyrus, but a Coney Island gang called the Warriors is wrongly blamed for Cyrus' death. Before you know it, the cops and every gangbanger in town is hot on the Warriors' trail.