Lennar buys 181 acres in northern Miami-Dade

Plans are to build 690 homes and an 11.3-acre community park

Oct.October 06, 2017 03:00 PM

Stuart Miller and California Golf Club at 20898 San Simeon Way (Credit: Google Maps)

UPDATED Oct. 9, 9:40 a.m.: Lennar Homes, an affiliate of Miami-based homebuilding giant Lennar Corp., just paid $40 million for a hefty assemblage of land in northern Miami-Dade, property records show.

The 181-acre property is the former site of the California Golf Club at 20898 San Simeon Way. The land traded for about $5 per square foot.

Records show Mazel Group LLC, managed by Brooklyn developer Yehuda Backer, sold the property. In 2014, Mazel Group’s $19.1 million acquisition of the six-parcel site was Miami-Dade’s largest land deal of the year.

Lennar Homes filed a pre-application site plan with county officials in July, according to the South Florida Business Journal. It plans to build 690 homes in six neighborhoods, including 296 villas, 348 townhouses and 46 single-family homes. Amenities include an 11.3-acre community park, a clubhouse and a pool, according to the Business Journal.

Lennar, the nation’s second-largest home builder, led by Stuart Miller, recently launched a program to court millennials into homeownership, under the company’s Eagle Home Mortgage business. Lennar’s corporate headquarters in Miami just sold to Naya USA Investment & Management, a Hollywood-based real estate investment firm, for $40 million.

Correction: A previous story incorrectly stated the site is in North Miami. It is in northern Miami-Dade County.

Related Articles

Daily Digest Miami

Commissioners seek new plans for Melreese, Virgin Trains Aventura stop would have low ridership: Daily digest

Arden home community and Stuart Miller

Lennar picks up 50 lots in western Palm Beach County

former Rucks Park site in North Miami and Udonis Haslem (Credit: Google Maps and Getty Images)

Miami Heat’s Udonis Haslem takes a shot at affordable housing

North Miami approves mixed-use senior apartment development

Lennar's Stuart Miller and a rendering of a Sierra Ranch home

Lennar closes on 89-acre Davie site for single-family home community

Daily Digest Miami

Here are the homes of Miami Heat’s elite, developer Steve Witkoff revealed as buyer of Sunset Islands home: Daily digest

Lennar at Sorrento at Venetian Parc clubhouse, Lennar Vice Chairman Stuart Miller

HOA buys clubhouse in southwest Miami-Dade from Lennar

From left: Alejandro Arias, Keren Marti, Avra Jain, Carolina Herrera, Luis Gonzalez, and Melissa Rose (Credit: Brett Hufziger Photography, Google Maps)

New frontier? Developers look to Hialeah