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Karen Shipman and her husband bought a second-story condo overlooking the Gulf of Mexico in Venice, Florida when they retired in 2021, with the hopes it would be their last home.
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
The property's 500 feet of water frontage — at one point the most available for sale in South Florida — made the multimillion-dollar property stand out, according to Realtor Michael Ivancevic.
Founded in 1970, Neal Communities’ first residence was a 960-square-foot unit in the Whitney Beach condominium complex on northern Longboat Key, which sold for around $23,900.
Venice is a city in Sarasota County, Florida, United States. The city includes what locals call "Venice Island", a portion of the mainland that is accessed via ...
Designed by architect Mellon Greely, [6] the development was planned to be a Mediterranean-inspired community with a railroad station, a resort hotel, a yacht basin, and canals like those of Venice, Italy. Turck's project was never realized because of the collapse of the Florida real estate boom in 1926.
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