Monday, August 13, 2012

Doral Golf Resorts and Courses Keep Property Values Up

Located just minutes away from Miami and on Florida’s East coast, Doral is the fastest growing city in Miami/Dade County for good reason. Not only is Doral growing, but real estate values are holding above state and national levels. The economy is stable and the area has several things to offer residents such as plentiful jobs, highly rated schools, and a safe environment to raise a family or enjoy retirement.

One of the reasons Doral real estate has held its own for so long is not only a stable economy, but the world class golf resorts and courses located within the area. Perhaps the most famous is the Doral Golf Resort and Spa recently purchased and renovated by Donald Trump. This course is known as the Blue Monster and is host to the World Golf Championship – Cadillac Championship  (a series of championship games) each year. PGA top players rate this course as one of the most challenging and best in the PGA tour. Its 18th hole is famous for being particularly challenging, as well as the entire 7.266 yards of play.

doral gold resort spa

Under the Trump umbrella is also the Great White Golf Course. Completely renovated and redesigned in 2005, the course now has improved bunkers,  new 6th and 15th holes, and many newly planted native grasses and natural drainage. The 7,171 yard course is par 72 and uses crushed coquina shells and plenty of palm trees on every hole. The design also includes water features at 14 of the 18 holes. This course is enjoyed by golfers with high handicaps and professionals alike. In 2000 the National Golf Foundation named the Great White Golf Course as the best new course.

Also at the famous Doral Golf Resort and Spa is the Red Course. This is one of the favorite courses for golfers of all levels. The course was designed by Robert Von Hagge and Dick Wilson. It hosted the LPGA Office Depot Championship in 2001. One thing that sets the Red Course apart is the unique design. There are two island greens located at the 6th and 14th holes. It is praised for being one of the most attractively laid out courses at the Resort. Measuring 6,146 yards it is smaller than the other courses, but still presents a challenge.

doral golf real estate

The Doral real estate market benefits from the popularity of golf in the area. Condo prices on and near the Resort have an average list price of $315,000. Single family homes in the Doral area around these golf courses list from $245,000 to over $1 million. Many of the homes in the Doral real estate market are close to or on the water. If you are a golf enthusiast and want to live in a stable and growing community, look to the Doral real estate market. You will not only find world class golf courses, but homes at almost every price point close to or on the Resort. 

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