<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2004-12-20</periodOfReport>

    <dateOfOriginalSubmission>2004-12-20</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000804138</issuerCik>
        <issuerName>AMERICAN LAND LEASE INC</issuerName>
        <issuerTradingSymbol>ANL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001237451</rptOwnerCik>
            <rptOwnerName>RHODES THOMAS L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>NATIONAL REVIEW</rptOwnerStreet1>
            <rptOwnerStreet2>215 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10016</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.01</value>
            </securityTitle>
            <transactionDate>
                <value>2004-12-20</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2004-12-20</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>18082</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>20.98</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>90855</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Shares were gifted to the Rhodes Foundation on December 20, 2004.</footnote>
        <footnote id="F2">On December 20, 2004, the reporting person mistakenly filed a Form 4 reporting an acquisition  of 18,082 shares of common stock through gift by the Rhodes Foundation as indirect holding.  Since the Rhodes Foundation is a Section 501(c)(3) charitable trust and that the reporting person does not have any pecuniary interest in the trust, the reporting person should not have included the holding by the Rhodes Foundation in his reporting.  As of December 20, 2004, the reporting person owned 90,855 shares of common stock directly and 0 shares indirectly.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Thomas L. Rhodes</signatureName>
        <signatureDate>2005-01-11</signatureDate>
    </ownerSignature>
</ownershipDocument>

