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another example over on our side of the coast of FL....there is an area in Royal Palm Beach called the acreage which is really reclaimed swamp. About 15 years ago when I moved to this area you could pick up fairly dry 1.25 acre lots out there for 10k...ones that needed a lot of fill for as low as 3k. Looked earlier this evening and the cheapest lot (assume it is underwater) out there is now 176k. Absolutely unbelieveable.
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