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The Mackle brothers—Elliott, Robert and Frank Jr. [1] —were brothers who developed real estate projects. They popularized selling land in planned communities through installment plans in Florida, creating several communities in the process.
The 1926 Miami hurricane ended the boom and the much smaller 1928 Okeechobee hurricane made certain it was extinguished. [19] [20] [21] The 1926 hurricane destroyed "whatever public enthusiasm for Florida vacation properties and real estate development that remained," as there had been little preparation for the storm. [22]
Express Homes sold the Kendale Lakes home on Southwest 138th Place for $695,000 in the summer of 2022 after renovations. It had purchased the property from the Guardianship Program for $430,000 in ...
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]
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The island of Indian Creek was said to have been created in the 1900s, due to excavation of drainage for Biscayne Bay and was an uninhabited and underdeveloped mangrove forest until 1928, when the country club and housing lots were established after a group of Midwestern businessmen bought the island as a real estate venture. [6]
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