Ghost Town in Dade County
A subdivision in Florida's Dade County is left half-finished, leaving early buyers to live in a ghost town.
"Antillean Isles, a new Homestead subdivision, promised homeowners a community of elegant estate homes with the 'alluring architecture of the tropics.''
But when Martha Samohano glances out the window of her four-bedroom house she doesn't see the tropics -- just dirt, gravel and weeds. After the housing bubble burst, developers packed up their bulldozers and fled, leaving a bleak, lifeless landscape, frozen the moment things went sour.
''Everything is empty around me,'' Samohano said. 'It's very depressing to live in an area where you only have weeds growing up.'
While the darkened downtown Miami condominium tower has become a symbol of the real estate bust, at least most builders stayed around to see their projects through to completion. Things are worse in the South Florida's most far-flung subdivisions."
- Login or register to post comments
- Email this page
- Subdivisions Becoming Ghost Towns - Oct 13, 2008
- Primary Forces Candidates to Confront Florida's Housing Crisis - Jan 25, 2012
- Federal HOME Program Suffers From Lack of Oversight - Dec 16, 2011
- South Florida's High-Rises Enter Real Estate Nirvana - Jul 29, 2011
- Top 10 Cities to Invest in Rental Properties - Jul 22, 2011


















