The Real Deal Miami

Lennar pays $7.35 million for land near Disney World

The Miami-based home builder's land borders a 911-acre public golf resort with three courses
October 09, 2016 01:00PM

Orange County National Golf Center

Orange County National Golf Center (Source: Golf Courses of America)

The Orlando Sentinel reported that Lennar Corp. paid $7.35 million for 38 vacant acres bordering a golf resort near Disney World. The home building company bought the former agricultural land from Magnolia Estates LLC for about $193,000 per acre. The Sentinel also reported the land is bordered on three sides by a public golf resort called Orange County National Golf Center.

Located northwest of Disney World, Orange County National Golf Center opened in 1997, spans 911 acres and encompasses a trio of golf courses, a driving range, villas and preserved wetlands. Miami-based Lennar also is building residential developments Storey Grove and SummerLake in the Orlando area. [Orlando Sentinel]Mike Seemuth