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The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
Maison de L'Amitié (House of Friendship) was a French Regency-style estate in Palm Beach, Florida, United States. The plot area was about 270,000 square feet (25,000 m 2) and bordered a length of 492 feet (150 m) on the Atlantic Ocean. It was one of the largest and most expensive homes in the United States.
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]
I spent time along Florida's 30A in three towns: Seaside, Rosemary Beach, and Alys Beach. Each beach town was very different, and the one I liked best felt the most "Florida" to me.
In 1985, Donald Trump, primarily a businessman and real estate investor at the time, acquired Mar-a-Lago and used it as a residence. In 1994, he converted it into the Mar-a-Lago Club, a members-only club with guest rooms, a spa, and other hotel-style amenities. The Trump family maintains private quarters in a closed-off area on the grounds. [9]
Noted South Florida architect Mizner designed the house in 1923 in the Mediterranean Revival style. The Palm Beach Daily News noted that according to the 2015 listing by Lawrence A. Moens Associates, La Querida contained "15,347 square feet [1,425.8 square meters] of living space, 11 bedrooms, 12 bathrooms and three half-baths". [ 1 ]
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 Cape Romano Dome House was a structure consisting of six dome-shaped modules on stilts, originally built on an islet located approximately 300 feet (91 m) offshore from Cape Romano Island, south of Marco Island, in the Ten Thousand Islands of Collier County, Florida. Cape Romano Dome house was built in 1982 by retired independent oil ...