Enchanted by the idea of locating treasure buried by Captain Flint, Squire Trelawney, Dr. Livesey and Jim Hawkins charter a sailing voyage to a Caribbean island. Unfortunately, a large number of Flint's old pirate crew are aboard the ship, including Long John Silver.

A vicious crime lord decides that he has had enough and much to the shock of his colleagues decides to give the business to his second in command and retire to Florida after marrying his moll. Unfortunately, he has no idea that she and the man are lovers.