The Real Deal Miami

Boca Raton’s Ocean Breeze golf course in foreclosure

March 30, 2010 10:16AM

Another South Florida golf course is struggling, with Ocean Breeze Golf
& Country Club in Boca Teeca in foreclosure. The news comes two
years after the club’s owner had fought to construct 211 townhomes on
30 acres of the course. The plan never happened, however, as homeowners
in the Boca Teeca subdivision where the club is based sued the city to
stop the plan, eventually giving up the battle last fall. Wachovia Bank
is the plaintiff in the foreclosure action on the property, which was
purchased in 2004 for $7.2 million. Courses in the region have struggled in the downturn, with several courses either filing for bankruptcy or in foreclosure. [Sun Sentinel]