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Dozens of homes were left unstable in the Daytona Beach area after Hurricane Nicole's erosion. Joe Raedle/Getty ImagesBack-to-back hurricanes left an unnerving scene on the Florida coast in ...
At the peak of the real estate boom, many beachfront properties had quadrupled or more in value since 2000. In November 2006 CNN/Money named Panama City Beach the No. 1 real estate market in America for the next five years in. [8] Beachfront property has sold for upwards of $60,000 per "front foot" (linear foot) at the top of the market.
In the mid-1960's a bridge connecting St. George Island to the mainland in Eastpoint, Florida was built paving the way for the expansion of tourism and development of the island. In 1971, 4,600 acres including 17 miles of beachfront property on St. George Island (and adjacent Little St. George Island) was purchased by Leisure Properties, Ltd.
In the late 1990s, the Babcock family sought to sell the ranch to the state of Florida. The property was considered a priority for purchase by conservation leaders who saw it as the final section needed to establish an environmental corridor stretching from Lake Okeechobee in the center of Florida to the Charlotte Harbor Estuary on Florida's Gulf Coast.
After nearly sixty years, St. Joe decided to get out of the paper business. The mill was sold in 1996 to Florida Coast Paper for $390 million, and that company was able to operate and produce paper until the decline of the container board market. Florida Coast Paper closed the mill on August 16, 1998, [22] and did not reopen. The mill was gone ...
Alys Beach is located on the Gulf of Mexico in southeastern Walton County. [5] U.S. Route 98 and County Road 30A are the main roads that run through the community. Via County Road 30A, [6] Rosemary Beach is less than 2 miles (3.2 km) southeast, and Seaside is 7 miles (11 km) west.
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