The Great Florida Land Boom was a real estate phenomenon that occurred in the 1920s, primarily in the state of Florida. It was characterized by a rapid increase in land prices and a surge in property sales, driven by the influx of people seeking to invest in the sunny climate and potential for development. Cities like Miami and Tampa became popular destinations, attracting both domestic and international buyers. However, the boom was unsustainable, leading to a dramatic collapse in the late 1920s. Speculative investments and overdevelopment resulted in a real estate crash, causing many investors to lose their money. The economic downturn had lasting effects on the state's economy and real estate market for years to come.