This is a vintage LEGO set from 1996 called "Water Jet 3" in the LEGO Race subtheme. It contains 23 pieces and is designed for children aged 3 and up who are interested in cars, sports, and vehicles. The set includes a LEGO character of a jet and comes in its original box, although the box is damaged. This complete set is retired and no longer in production, making it a rare find for LEGO collectors and enthusiasts.