USS Jaydee III (SP-692) was a United States Navy patrol vessel in commission from 1917 to 1919.

Jaydee III was built in 1916 as a private motorboat of the same name by the Matthews Boat Company at Port Clinton, Ohio.

On 19 May 1917[1] or in June 1917,[2] the U.S. Navy acquired her from her owners - R. Talbot, J. C. Wright, Howard Wilson, and Irving Chapin, of Lincoln, Nebraska - for use as a section patrol vessel during World War I.

She was commissioned as USS Jaydee III (SP-692) at Detroit, Michigan, on 12 June 1917.

Assigned to the 9th, 10th, and 11th Naval Districts - at the time a single administration entity created by the amalgamation of the 9th Naval District, 10th Naval District, and 11th Naval District - and based at Detroit, Jaydee III served as a patrol craft and shipping traffic regulator on the Detroit River for the rest of World War I. Jaydee III was returned to her owners on 7 March 1919.