Six decades have passed since greater Miami and all the rest of Florida were immersed in an orgy of land speculation and a vast array of construction projects referred to as the boom. Miami and its environs were the storm center of the boom, which began to reach fever pitch in 1924. This speculative period crested in the latter part of 1925, when the price of land rose to unheard of heights, and construction commenced on a myriad of ambitious building projects. The boom ended in 1926.
George, Paul S.
"Brokers, Binders, and Builders: Greater Miami's Boom of the Mid-1920s,"
Florida Historical Quarterly: Vol. 65:
1, Article 4.
Available at: https://stars.library.ucf.edu/fhq/vol65/iss1/4