Aerial–aquatic vehicles (AAVs) hold great promise for marine applications, offering adaptability to diverse environments by seamlessly transitioning between underwater and aerial operations. Nevertheless, the design of AAVs poses inherent challenges, owing to the distinct characteristics of different fluid media. This article introduces a novel solution in the form of a tandem dual-rotor aerial–aquatic vehicle, strategically engineered to overcome these challenges. The proposed vehicle boasts a slender and streamlined body, enhancing its underwater mobility while utilizing a tandem rotor for aerial maneuvers. Outdoor scene tests were conducted to assess the tandem dual-rotor AAV’s diverse capabilities, including flying, hovering, and executing repeated cross-media locomotion. Notably, its versatility was further demonstrated through swift surface swimming on water. In addition to aerial evaluations, an underwater experiment was undertaken to evaluate the AAV’s ability to traverse narrow underwater passages. This capability was successfully validated through the creation of a narrow underwater gap. The comprehensive exploration of the tandem dual-rotor AAV’s potential is presented in this article, encompassing its foundational principles, overall design, simulation analysis, and avionics system design. The preliminary research and design outlined herein offer a proof of concept for the tandem dual-rotor AAV, establishing a robust foundation for AAVs seeking optimal performance in both water and air environments. This contribution serves as a valuable reference solution for the advancement of AAV technology.