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Off Market
1/24

4200 Carter Creek Dr
Avon Park, FL 33825


HIGHLIGHTS

  • 36-Holes of Championship Golf – Designed by David Harman (North) & Steve Smyers (South)
  • Supported by a 55+ Community with Approximately 780 Homes – Average Home Values Between $100K - $350K
  • Master-Planned Community Amenities: Heated Swimming Pools, Lighted Tennis Courts, Fitness Center, Restaurant and Day Spa (Not Included In Sale)
  • Turn-Key Operation Generating an Average of Approx. $475k in NOI/EBITDA Annually from 2017-2019
  • Over $200k in Capital Reinvested Last Three Years to Improve Conditions and Clubhouses
  • 5-year Unlevered IRR of 17.37% or 5-Year Levered IRR of 31.74%

OVERVIEW

The North Course was designed by world renowned architect Dave Harman who patterned it after Kauri Cliffs in New Zealand, which was recognized as Golf Digest's Best New International Course of 2001. The Course has captured the hearts of golfers throughout central Florida and the Tift Eagle greens are the fastest in the area! With five tee locations, the Course provides a challenging variety of shot making opportunities for all caliber of players. Its charm and appeal comes from the unique characteristics of the course and the friendly southern hospitality of the staff. The South Course was designed by Steve Smyers and is a classic blend of a shotmaker's delight with lush tropical surroundings. With multiple sets of tees, the Course is a favorite among the members and provides many wonderful experiences for tournaments and other players throughout the year. The Course has captured the hearts of golfers throughout central Florida and the Tift-Dwarf greens are among the finest in the region! This original championship course, is an Audubon-style course with spectacular conservation areas, links-style bunkering, creeks, and natural ponds. It has long been an area favorite. Located between golf holes #9 and #10 you’ll find their award-winning Golfside Villas. These are perfect snow-bird homes, with easy-living floor plans and maintenance-free living starting in the low 200’s.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Highlands Ridge Golf Club

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

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ZONING

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APN/PARCEL ID

C-33-33-29-A00-0010-0000