City of Boca Raton buys Ocean Breeze golf course, plans renovations

Property was seized through foreclosure in 2016

TRD MIAMI /
Mar.March 05, 2018 08:45 AM

Ocean Breeze Golf Club

A long-planned $24 million deal to buy a shuttered golf course in Boca Raton has finally closed, property records show.

The city of Boca Raton and its Greater Boca Raton Beach and Park District bought the former Ocean Breeze Golf Club, a 27-hole golf course at 5801 Northwest Second Avenue. Records show the seller was an entity of Wells Fargo, which seized the property through foreclosure in 2016.

Developer Lennar Homes originally was under contract to build homes on the 212-acre course in the Boca Teeca neighborhood, but the plan never materialized amid opposition from residents.

In September, the city approved spending $24 million to buy the site. Park district officials estimate that the cost to design and renovate the golf course could total more than $18 million, according to published reports.

The renovated golf course, to be called the Boca Raton National Golf Club, is set to open by late 2019 or early 2020, according to the Sun Sentinel.

Developers have been picking up golf course properties in recent years as the sport’s popularity continues to fall and vacant land for residential development grows scarce.

Miami-based 13th Floor Homes is seeking to build 350 single-family houses on 140 acres of the Carolina Club golf course in Margate. Pulte Homes is also planning to build a single-family home development on a golf course in Tamarac.


Related Articles

arrow_forward_ios
Prentis Wilson and 1880 Sabal Palm Circle (Realtor)

Proceed to checkout: Former Amazon exec pays $5M for Boca Raton mansion

Proceed to checkout: Former Amazon exec pays $5M for Boca Raton mansion
310 East Alexander Palm Road (Realtor.com)

Cumberland Farms scion buys waterfront Boca Raton home

Cumberland Farms scion buys waterfront Boca Raton home
Stephen Siegel of Fairstead, 21000 Ruth and Baron Coleman Boulevard in Boca Raton (Credit: Google Maps)

Jewish Federation sells Boca Raton senior living facility for $34M

Jewish Federation sells Boca Raton senior living facility for $34M
5001 Egret Point Circle, Jeff Levitetz (Credit: Google Maps)

That’s a lot of lettuce: Grocery distributor lists Boca Raton mansion for $23M

That’s a lot of lettuce: Grocery distributor lists Boca Raton mansion for $23M
Carmen N. D'Angelo, Jr., Kevin Kreutzfeld and 4111-4121 Ibis Point Circle

Wife of rock salt magnate buys waterfront Boca Raton lots for $7M

Wife of rock salt magnate buys waterfront Boca Raton lots for $7M
Michael Dell and Boca Raton Resort & Club

Michael Dell’s MSD Partners plans major changes to Boca Raton Resort & Club

Michael Dell’s MSD Partners plans major changes to Boca Raton Resort & Club
311 East Key Palm Road, Mark S. Cosby (Credit: Google Maps)

Former CEO of Michaels sells Boca Raton mansion for $10M

Former CEO of Michaels sells Boca Raton mansion for $10M
John Pulichino and Joy Tong, 3621 Princeton Place (Credit: Google Maps)

Luggage designer sells waterfront Boca Raton mansion for $6M

Luggage designer sells waterfront Boca Raton mansion for $6M
arrow_forward_ios

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

Loading...