"Paved Paradise and put up a Parking Lot..." are lyrics from a 1970 Joni Mitchell tune, lamenting development sprawl. Is South Florida following suit? Recently, I blogged about how several golf courses in the region are being developed into new housing developments because of the lack of developable land available.
Now, a 48 acre equestrian center at 15990 Griffin Rd., Southwest Ranches, Fl., scheduled to be auctioned on June 18, 2015, may well be the latest land tract to draw the attention of residential developers. High end 
residences could possibly replace the houses, stables, barns, racetack, etc. presently on the property.
The property is zoned for one unit per acre and it's possible that this restrictive zoning has discouraged potential buyers looking for development opportunities. Nonetheless, the land is in a prime location, near highways, two international airports, South Florida beaches, Miami & Ft. Lauder-dale, and near other horse facilities for the buyer interested in maintaining the equestrian business. List Price: $19,731,000.
Contact me with any questions about Selling & Buying in Southwest Ranches , Fl or elsewhere in South FLorida.
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