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Pam purchases a used sub at a local auction with the US Navy's money. Everyone at Bal Harbor Institute spends a great deal of time working on it to make their new sub look brand new and get it working.
Everything goes well as Keith Pam and Mike go for a trial run in the sub. Mike is taught how to work its controls and does well until he thinks he sees a mermaid. Thinking Mike is hallucinating, Keith takes over control and returns them to the Center.
Back at the center , they are met by Pam's Navy superior (Captain Dyer) who is outraged that Pam purchased the sub. He orders it "decommissioned" .
Insisting that Mike saw a real mermaid, Maya convinces him to take her in the sub (unknown to anyone) to where he said he saw it. Despite a rough ride with Mike at the controls, they manage to get to the area the "mermaid" was spotted.
By this time Keith and Pam have found out the kids have taken the sub and realize that there is not much breathing air left in it. They set out to search for the sub. They are joined by Captain Dyer , who brings a small sub which can locate and hook a cable to the larger sub.
After a close call in an underwater cave, The kids decide to end their search for the mermaid. On the way to the surface however, the sub is caught in a large fishing net and is stuck underwater. With air almost gone and no way to move the sub, there is little hope for Mike and Maya.
At the last minute, with the help of Keith and Flipper, the Navy sub finds the trapped vessel and connects a cable to it. The sub is freed and pulled to the surface.
| Flipper scenes, characters, and logos are a trademark of SGM Productions in association with Tribune Entertainment Last Modified: April 1, 1998 |