In 1925, a massive 400-foot long sailing vessel named the Prinz Valdemar pulled into the port of Miami, to a city in the grips of real estate madness. All over Miami, property prices were rising exponentially, creating (and created by) an influx of people and money that overwhelmed the small city. Then, tragically, spectacularly, the Prinz Valdemar capsized in the mouth of the port's turning basin, preventing any traffic in or out. Much-needed supplies waited at anchor off the coast as the craze slowly starved. The Prinz was eventually righted and placed in Bayfront Park, where she stayed there for decades... until Miami's next land boom.