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THE BEACH PARK DREAM
by Jeanne Wolfe
by Jeanne Wolfe
In December, 1924, the Tampa Sunday Times observed, Beach Park, one of the most pretentious of all the subdivisions marks the entrance to the Interbay Peninsula. It is situated on Old Tampa Bay just off Memorial Highway. A little over a year ago this property was a wild tropical garden, impregnable and uninhabitable. Today it is a setting for winding streets, parkways, yacht basins and the most magnificent homes in Tampa."
The Beach Park Company was the brainchild of a leading Tampa real estate firm, The Mabry-Hall Company. They divided the 350 acres of Beach Park into four units, selling lots at $2,750 and "estate-size" parcels of up to $10,000. The firm made headlines in local papers for the record time in which the units were sold. In one hour in November of 1924. $61,150 exchanged hand! That was big money in the 1920s. Half a million dollars worth was sold in 60 days. Speculation was the order of the day and resales after only a few days ownership resulted in average profits of $1600 per transaction.
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