Pulte Group, one of the nation’s largest homebuilders, dropped $17.7 million on a site in Margate for a townhome community dubbed “Coral Edge.”
The 21-acre site is the former Margate Executive Golf Course at 7870 Margate Boulevard, according to a press release. Inland from Pompano Beach, it marks the homebuilder’s latest bet on Broward County. It is slated for 132 townhomes, with prices starting in the $500,000 range.
The planned units will span about 1,700 square feet, three bedrooms, two bathrooms and one half-bathroom. Coral Edge’s community amenities will include a pool, clubhouse and fitness center. Sales are set to launch next year, and first move-ins are expected to begin at the end of 2026.
Coral Edge isn’t its only project slated for a Broward County golf course. In July, the group won initial approval for 800 homes on part of a 36-hole course at the former Inverrary Country Club in Lauderhill. Pulte plans to build a new 18-hole golf course in addition to the townhouses and single-family homes planned for the site.
The Atlanta-based firm, led by president and CEO Ryan R. Marshall, has developments that reach across the tri-county region, but are particularly concentrated in Broward and Palm Beach counties. Among the homebuilder’s other South Florida projects are a 42-unit luxury single-family home community in Wellington, planned for a 22.5-acre site it bought from the Catholic Church for $11.7 million last year. It also intends to build 60 new single-family homes in Davie on a $20.5 million 31-acre site.
Bill Pulte, the grandson of the firm’s founder William Pulte, is currently serving as Donald Trump’s Federal Housing Finance Agency director. He and the president have been hammering homebuilders for their role in the national housing crisis in recent weeks, triggering an industry-wide stock slump earlier this month.
