INVESTMENT HIGHLIGHTS

1925 SE 9th Avenue is an opportunity to own a prime golf course with terrific views and mixed-use zoning, allowing for redevelopment. Over 37.1 acres of the expansive 138.70-acre lot are platted and approved for over 70 single-family homes. Highways 70 and 441 intersect in the center of Okeechobee, making travel to the Gulf of Mexico, Disney World, and the Atlantic Coast a breeze.

Blue Heron Golf and Country Club is a well-groomed, 18-hole course with 5,558 yards of golf from the longest tees for a par of 71. Blue Heron Golf and Country Club is 3 miles from the Okeechobee County Airport, and local amenities are within 5 miles. Conveniently located within the city limits, the property includes city utilities.

EXECUTIVE SUMMARY

Blue Heron Golf and Country Club offers terrific views and challenging play for golfers at every skill level. 1925 SE 9th Avenue is a manicured, 18-hole course featuring 5,558 yards of golf from the longest tees for a par of 71. Designed by Marlen Collins and M. McMaster in 1991, Blue Heron Golf and Country Club is currently closed but is well-maintained. The property sits on a 138.70-acre lot, with 37.1 acres platted and approved for over 70 single-family homes. The asset is zoned for mixed-use, allowing investors the opportunity to transform the entire course, and several single-family homes surround the golf course. Within 5 miles of the property, 71% of the housing occupancy is homeowner-dominated, making the asset optimal for redevelopment.

1925 SE 9th Avenue sits north of Lake Okeechobee, also known as Florida’s Inland Sea. Highways 70 and 441 intersect in the center of Okeechobee, making travel to the Gulf of Mexico, Disney World, and the Atlantic Coast a breeze. The golf course is 3 miles from the Okeechobee County Airport, and local amenities are within 5 miles. Demand drivers in the area include Seminole Casino Brighton and the planned Bass Pro's Okee-Tantie Recreation Area. Blue Heron Golf Club is an excellent opportunity to own a premier golf course with the option to transform sections or the entire course into housing.

PROPERTY FACTS

Price $5,000,000 Building Class B

Price Per SF $5,000

Lot Size 138.70 AC

Sale Type Investment or Owner User

Building Size 1,000 SF

Sale Conditions Lease Option

No. Stories 1

Property Type Sports & Entertainment

Year Built 1991

Property Subtype Golf Course/Driving Range