More than 60% of homes in Fort Myers Beach, Siesta Key, are empty.
The residential real estate market in Florida is anything but empty, given the current boom in sales and price appreciation. The same can’t be said for the status of homes in some cities statewide, where, according to a new study analyzing U.S. Census data, Florida is a national leader in vacant homes.
One notable caveat: The survey, from off-market, iBuyer real estate firm Sundae, points out “many of these properties are located in tourist-centric regions that tend to have vacancies associated with seasonal vacation homes.” The report is based on data from the U.S. Census Bureau’s American Community Survey 5-Year Estimates, released Dec. 10, for the years 2015-2019. Of the top 100 cities with the most vacant homes, Florida, the report found, has 33. Of those 33, 10 are on the west coast of the state.