Investors Paid $65,000 For A Deserted Florida Island. Now It's A Paradise Worth $14 Million
A vacant Florida island just off the coast of Tampa Bay known to generations as "Beer Can Island" has recently been listed for $14 million by a group of savvy investors who bought it for $65,000 in 2017. Beer Can Island's legal name is Pine Key, and it's composed of 9 acres in Hillsborough Bay about halfway between MacDill Air Force Base and Apollo Beach. Pine Key earned the moniker Beer Can Island because, for most of its existence, the island's only claim to fame was as an informal party spot
Source: yahoo.com