Bethpage Golf Course, a $4 billion golf course in Florida, has been sold to private equity firm AIM Group for $2.5 billion.
Read moreThe purchase of Bethpage is expected to close within the next few months.AIM Group bought the $1.4 billion resort for $1 billion in 2010, and plans to sell it to private investors this year.
Bethpage was originally built in 1896, but was renamed for the first time in 2004.
It is owned by the Bethpage Conservancy and is the site of two world-famous golf courses.
The golf courses are known for their spectacular views of the Florida Everglades and a large lake that feeds into the nearby Keys.
The property also has the potential to generate millions of dollars in property tax revenue, which could be used to pay for other conservation projects, such as an underwater fence that could be built to protect wildlife and to stop the spread of invasive species.