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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]
Image credits: Zillow Having received permission from the city authorities to build a house only 10 feet wide, he erected a structure towering almost twice as tall – and put the house up for sale.
Gulf American Land Corporation (GALC) was a land development company in Florida founded by brothers Leonard and Jack Rosen. During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [2] The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land ...
The St. Joe Company is a land development company headquartered in Panama City Beach, Florida.Founded in 1936 and until 1966 known as St. Joe Paper Company, the company still operates a forestry division but is primarily engaged in real estate development and asset management.
[4] [10] Purchase from the family and sale of the preserve lands to the State of Florida and Lee County closed on July 31, 2006. [3] [4] As part of the arrangement, Kitson & Partners received $350 million for the land, with approximately $310 million provided in the final budget of Governor Jeb Bush and $40 million from Lee County, Florida. [12]
Homes.com, Inc. is the second-largest real estate portal by traffic market share in the USA in 2023. Headquartered at 501 S. 5th Street Richmond, Virginia, United States, Homes.com maintains additional offices in Boca Raton, Florida; Tallahassee, Florida and San Diego, California.