LPGA International is a 36-hole, semi-private golf club situated within The LPGA International residential community It ’s been the home course of the LPGA Tour since 1994. The golf course, situated on a 652-acre site, was designed by Rees Jones and Arthur Hills in 1994 and 1997.
Improvements consist of the clubhouse, fitness center building, golf course maintenance facility and extensive practice facilities, including three (3) full length practice holes, six (6) chipping, putting and short game greens and a double-sided practice range.
The property is located within a masterplan community that is entitled for over 4,900 residential units. 2,200 planned units, 1,200 finished lots, over 1,000 homes built. Directly across the street from the course is Latitude Margaritaville, a highly rated new 55+ Community and entitled for 3,900 single family residences. Home sales since 2018 have ranked it in the top selling master plan communities annually and the 647 sales in 2020 landed it 18th in the top 50. Home sales began mid-2018 and are at well a 1,000 sold to date. There are nearly 15,000 under construction and planned residences within a few miles of LPGA international.
Cash flow is very strong; 2021 is trending even stronger and there is upside beyond that from post pandemic F&B/outings and substantial residential development in the area.