There is a land boom in Florida in roaring 1925. At the train station in upscale Palm Beach, flirtatious Rollo Fish Metcalf is surprised to see his socialite wife, Sylvia, planning to give a party for her millionaire brother, Steve, who is coming to visit her. Steve is set to inherit the family glue factory. Rollo agrees to wait for the vaudevillian entertainers, the "Komical Kayes" (Tip-Toes, her brother Al and Uncle Hen), who are arriving to entertain at Steve's bash. It turns out that Rollo once had a flirtation with Tip-Toes Kaye, who was not at all pleased to find out that he is married, and Sylvia has seen an incriminating photo of the pair. When Rollo sees that Tip-Toes is one of the performers, he pays the troupe to leave. The Kayes are so poor that Tip-Toes had to travel in the luggage to avoid paying for a ticket. They stay in Palm Beach to see if they can find a millionaire for Tip-Toes to marry (they are socially ambitious). Tip-Toes runs into Steve at the station, as he helps her avoid the porter who was trying to get her to pay her fare. She thinks he's swell.
Later, people are happily gambling at the Palm Beach Surf Club. Sylvia wants to make Steve appear more sophisticated, so she introduces him to two young ladies, Binnie and Denise, who are to give him lessons at dancing, elocution, music, golf and bridge. Meanwhile, Tip-Toes (pretending to be a wealthy girl, "Roberta Van Renssalaer") plays a game at the club that leads to her being kissed by Steve, who she remembered from the station. The two are immediately and powerfully attracted to each other. Al meets Binnie and Denise, and they all decide to go to the Blues Café. Al and Uncle Hen quarrel after Tip-Toes tells them that she doesn’t want to trick Steve now that she really likes him. Tip-Toes is nearly run down by a car. Although she is not seriously injured, she develops amnesia and thinks that she is really Roberta Van Renssalaer. Al and Uncle Hen are happy about this.
Everyone is getting ready for the party on Steve’s yacht the next evening. "Roberta" and Steve are very happy to have found each other. However, since she thinks she is rich, she is spending more money than Al and Uncle Hen have. Rollo discloses Tip-Toes' real identity to Steve, in order to protect his secret, but Steve is despondent. He confronts Tip-Toes, who now remembers who she is, but she tells him that she really loves him and is not after his fortune. Steve reveals that he is bankrupt. He tells her to go after one of the other millionaires at the bash and storms off. Tip-Toes stays aboard the yacht all evening, and when Steve returns, she insists that she loves him and will stay aboard all night "without a chaperone". He is persuaded that she is telling the truth.
Back at the hotel the following day, Tip-Toes pays her family's hotel bill by performing one of her dances for the guests. Steve proposes and gives her an engagement ring. She is delighted, even though she assumes that it is a fake, since Steve has no money. But it turns out to be real, because Steve is really still a millionaire.
(4 female; 2 male)
Rollo Metcalf, her husband
Attendant at Beach Club
Second Attendant at Beach Club
Steward on Yacht
A House Detective