- December 13, 2025
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When Richard Corace started building condos in Southwest Florida 25 years ago, the average age of his buyer was 72.
Today, the average age is 54.
That helps explain why Corace's newest project, Kalea Bay, will only be selling condos with a fourth bedroom that can easily be turned into a home office or den. “People can operate a business from anywhere in the world,” says Corace.