The Real Deal Miami

Park district offers to buy Lennar’s Boca golf course

The Greater Boca Raton Beach & Park District would pay $24 million for the 200-acre property
February 18, 2017 01:00PM

Ocean Breeze Golf Club in Boca Raton

The Greater Boca Raton Beach & Park District offered to buy a closed golf course from Miami-based Lennar Corp. for $24 million.

The Boca Raton City Council on Tuesday is scheduled to consider the offer by the tax-supported district to buy the Ocean Breeze Golf Club property.

The 200-acre golf course at 5801 Northwest 2 Avenue in Boca Raton has been closed since last July.

Lennar had offered to transfer ownership of Ocean Breeze to the city together with a cash payment to acquire the 194-acre Boca Raton Municipal Golf Course.

Lennar is one of three companies with pending offers to acquire the municipal golf course from the city.

If the city council approves the beach and park district’s offer to buy Ocean Breeze, officials of the district and members of the council would meet on Feb. 28 to discuss ways to finance the district’s purchase.

Boca Raton Mayor Susan Haynie told the Sun-Sentinel she would support the district’s offer to buy Ocean Breeze but said she expects resistance to the proposed $24 million price.

Arthur Kodsi, executive director of the beach and park district, told the Sun-Sentinel the district would need up to 18 months and would spend as much as $12 million to restore the golf course at Ocean Breeze. [Sun-Sentinel] Mike Seemuth