It's getting harder to score a tee time on a public golf course in South Florida. Joining builders and developers in Hollywood and Boca Raton, this group is turning a golf course into a community, reports The Real Deal Miami.
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.