Lolnboat real estate have been purchased by new owners who demolished the old homes and them in order build small, ornate homes worth much more, many being valued to amounts on the order of as much as a few million dollars, a peculiar outgrowth of the unlimited-in-value homestead exemption for principal residences from forced sale provided to homesteaders under the Florida Constitution. This diverse mix of homes owned both singly and in condominium line the many cul-de-sacs and boulevards branching off main roads towards both the bay and the gulf, with the length of the island served by Gulf of Mexico Drive