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Trump Sunny Isles Condos Dampen Market

SUNNY ISLES, FL-Five hundred of the 1,800-plus Trump condo units in Sunny Isles sit empty. More than half of those units are in the completely empty Trump Tower III.

By Jennifer LeClaire | Updated on November 16, 2010

SUNNY ISLES, FL-The Trump logo has found a place on six condo projects in Sunny Isles Beach since 2003. But many units remain dark and the volume of empty units is driving up vacancy rates in the oceanside city.

According to a new report from Condo Vultures, nearly half of the 1,000 finished condo units that remained unsold in Sunny Isles Beach at end of the third quarter are located in the six condo projects that carry the Trump name. Specifically, about 500 units of the 1,800-plus Trump-branded condos build on the ocean side of Collins Avenue since 2003 sit empty. The Trump Organization did not return calls seeking comment.

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