Lots selling for home construction on golf property

Miami /
Jul.July 02, 2016 11:00 AM

Developer Terry Stiles, auto dealer Phil Smith and other investors have started selling lots for 36 single-family homes at the old American Golfers Club in Fort Lauderdale.

Stiles and Smith are part of a group that owns the Coral Ridge Country Club and the adjacent American Golfers Club, which was the only public golf course in Fort Lauderdale when Hurricane Wilma damaged it and closed it in 2005.

A group of investors including Stiles and Smith is developing a 36-home gated community called the Enclave at Coral Ridge Country Club on the American Golfers Club property.

The 75-acre property, formerly an 18-hole golf course, now has a new nine-hole course and city park on the non-housing portion of the land.

J.J. Sehlke, managing partner of the Enclave, told the Sun-Sentinel three of the vacant Enclave lots have been sold, and eight others are under contract. Lot prices range from $785,000 to $1.35 million.

Sehlke also told the newspaper that construction is expected to start by the end of summer and that the first residents of the Enclave are expected to move into their new homes next year. [Sun-Sentinel] — Mike Seemuth


Related Articles

arrow_forward_ios
Frank Mendez with Patricio Cordero (inset) and the property (Linkedin, Google Maps)
Pinecrest homeowners fight lien from celebrity builder they allege was running a kickback scheme
Pinecrest homeowners fight lien from celebrity builder they allege was running a kickback scheme
Donald R. Horton and a map of the development site (D.R. Horton)
D.R. Horton advances 211-unit townhouse project in Pembroke Pines
D.R. Horton advances 211-unit townhouse project in Pembroke Pines
Toll Brothers CEO Doug Yearley Jr. (Toll Brothers)
Toll Brothers launches sales at new luxury community in Davie
Toll Brothers launches sales at new luxury community in Davie
Lennar's Stuart Miller, Rick Beckwitt  with the site (Google Maps; Lennar)
Lennar pays $8M for South Miami-Dade housing community site
Lennar pays $8M for South Miami-Dade housing community site
D.R. Horton CEO David Auld and the Reserve at Jupiter site 
D.R. Horton pays $14M for land in Jupiter and Florida City for two housing projects
D.R. Horton pays $14M for land in Jupiter and Florida City for two housing projects
Jim Carr and Armando Codina with renderings of the homes (CC Homes)
CC Homes pays $12M for Southwest Ranches land for single-family community
CC Homes pays $12M for Southwest Ranches land for single-family community
Lennar Executive Chairman Stuart Miller (iStock)
“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
Lennar's Stuart Miller and 28600 Southwest 132nd Avenue (Google Maps)
Lennar spends $29M on Homestead mobile home park, plans new community
Lennar spends $29M on Homestead mobile home park, plans new community
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...