Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would be pleased to hear from you and tell you how I can serve all your Commercial or residential real estate needs.
Posted on December 1, 2014 - 03:10 PM
by john kavazanjian
Real estate built on Golf courses with high equity membership buy ins and annual fees are selling at severe discounts to attract buyers. Here in Delray Beach the Seagate Hotel recently purchased the Hamlet golf course and club house so they could add to their Beach club, Hotel and market their services as a full amenity resort.
This has taken most of the price pressure off the homes in the Hamlet community. This was a win for both parties. Similar situations or opportunities do not always exist. So be careful when buying in these communities and make sure you want to play enough to make it worthwhile and what happens in the future if the land is not kept up and used for a golf course.