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Vicky Benton is upset when she runs into her first husband, Raoul McLiesh, at a nightclub in Miami. Although she criticizes him to her second husband Bob as being a waster and joker who gave her no sense of security, seeing him again revives feelings with which she is uneasy. Bob, the manufacturer of Benton Belts, is dependable and has given her a stable life. He takes a liking to Raoul and as a joke sends him a raccoon for company when he is alone. Raoul brings Joy, a talkative cigarette girl from Louisville, to the club, and Bob unsuccessfully propositions her. Seeing that Vicky is upset at Bob and Joy's absence, Raoul covers for him. Raoul organizes a "pragging," or spearfishing, in the Keys and invites Vicky and Bob, along with their friends, Marcia and Herbie. Although Vicky and Raoul greatly enjoy themselves, Bob gets frantic when a giant ray that they have harpooned almost dashes their boat to pieces, and he chops the rope which the ray is pulling. That night, neither Raoul nor Vicky can sleep, and they meet unplanned at the dock. They discuss their marriage fondly, but when Raoul begins to insult Vicky's mother and Bob, Vicky breaks down crying, and Raoul says he'll leave Miami. When Raoul learns that Bob has to go back to New York because of a factory strike, however, he decides to stay and returns the raccoon to Bob. Vicky is upset at Raoul for the practical joke, but soon they spend a lot of pleasurable time together. One night, Vicky says that she is sick of pretending and pleads for Raoul to take her away with him, but after a passionate kiss, Raoul reminds her that they've never done anything cheaply and suggests that they stop because of the mess their lives are in. When Raoul learns that his eccentric valet, Leo MacTavish, and Joy are going to be married the next day, he hires Mac as his personal representative at his ink factory and makes plans for them to charter a plane for him to go to Key West, which the honeymoon couple will then take to Havana. That night, Bob calls Vicky and tells her to take the train to New York in the morning because he has to stay there indefinitely. Annoyed by Bob's order, Vicky reveals that she and Raoul have been mentioned in Walter Winchell's gossip columns, and when Bob berates her, Vicky hangs up on him. The next day, when Vicky learns that Joy is married, she mistakenly thinks that Joy married Raoul. Meanwhile, Bob arrives and gets into a fight with Raoul, which leads to their arrest. Vicky bails out Bob, who punches a photographer and tells her to get out of his life. When Joy and Mac arrive at the jail and get Raoul out, the misunderstanding regarding the marriage is cleared up. Vicky and Raoul try to join Mac and Joy on a water plane, but Joy, upset at the delays in their honeymoon, drags Mac off. Vicky and Raoul plan to marry again and kiss.