Fort Meyers' 32-Story Single-Family Home

With a 32-story tower occupied only part-time by a single family, America's real estate bust may be most apparent in Fort Meyers.

1 minute read

August 3, 2009, 8:00 AM PDT

By Mike Lydon

"The Vangelakos' southwest Florida condominium has marble floors, a large pool overlooking a river and modern furnishings that speak of affluence and luxury. What they don't have in the 32-story building is a single neighbor.

The New Jersey family of five purchased their unit four years ago, when Fort Myers was in the midst of a housing boom and any hints of an impending financial crisis were buried in lofty dreams of expansion and development."

Thanks to Lucy Rowland

FULL STORY: Florida highrise has 32 stories, but just 1 tenant

Sunday, August 2, 2009 in Atlanta Journal-Constitution

Housing Social / Demographics Urban Development Florida Condos Fort Meyers Real Estate Bust View More

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