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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]
Advertisement for mobile homes on the Florida Keys, June 1973. Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
In output, the five largest sectors are: finance, insurance, real estate, rental, and leasing, followed by professional and business services; government and government enterprises; educational services, health care, and social assistance; and retail trade. [11] In 2017, Florida became the United States' eighth largest exporter of trade goods.
Key West is an island in the Straits of Florida, within the U.S. state of Florida.Together with all or parts of the separate islands of Dredgers Key, Fleming Key, Sunset Key, and the northern part of Stock Island, it constitutes the City of Key West.
Just offshore of the Florida Keys along the edge of the Florida Straits is the Florida Reef (also known as the Florida Reef Tract), separated from the keys by the Hawk Channel. The Florida Reef extends 170 miles (270 km) from Fowey Rocks just east of Soldier Key to just south of the Marquesas Keys.
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