Broward County High-Rises, FL
One of the worst-hit real estate markets in the country, Miami is overflowing with empty condo units. For example, the Tao Sawgrass condos, have 26 floors of empty apartments. Property records show that 36 of the 396 units sold, but most of them were to investors. The owner maintains the property, security guards stand at the entrance, and employees shuffle through the lobby, making it look like people live there, but marketing director Carolyn Van Gorder for the company selling Tao’s units told the Broward/Palm Beach New Times that she “could not confirm or deny the presence of residents.”
