The first real estate bubble in Florida was primarily driven by the 1920s economic prosperity, coupled with a lack of understanding of storm frequency and poor building standards.
Devastation after the Miami hurricane of 1926
The Great Miami Hurricane of 1926 was a large and intense tropical cyclone that devastated the Greater Miami area of Florida and caused catastrophic damage in the Bahamas and the U.S. Gulf Coast in Se
1920s Florida land boom
…and sold at auction as many as ten times in one day were over. Although the railroads lifted the embargo in May 1926, the boom was about to end. The 1926 Miami hurricane ended the boom and the much smaller 1928 Okeechobee hurricane made certain it was extinguished. The 1926 hurricane destroyed "whatever public enthusiasm…
Damage to a home near Miami, Florida
Looking East on Flagler St. from 13th Ave, 24 hours after the hurricane of September 18, 1926
Damage on Fort Lauderdale beach, near Port Everglades
Remains of a bridge at Baker's Haulover Inlet