Morab Horses for Sale near Oldsmar, FL

About Oldsmar, FL

There were only a handful of settlers in the area in 1916 when Ransom Eli Olds decided to purchase 37,541 acres (151.92 km 2) on the northern tip of Tampa Bay from Richard Peters. At the age of 52, the inventor of the Oldsmobile and REO cars embarked on a grand undertaking, desiring to turn this untamed land into a bustling community. He paid $400,000 for the property: $200,000 in cash, $75,000 in bonds, and a $125,000 apartment house in Daytona Beach. The town was originally named R. E.