SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                      ---------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934
                        ---------------------------------


                                 Date of Report

                                  April 3, 2003
                                  -------------
                        (Date of earliest event reported)


                           BankAtlantic Bancorp, Inc.
                           --------------------------
             (Exact name of registrant as specified in its Charter)


                 Florida                              34-027228

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    (State of other jurisdiction or            (Commission File Number)
     incorporation or organization)


                                   65-0507804
                            -----------------------
                       (IRS Employer Identification No.)



                                                          33304
        1750 East Sunrise Blvd.                           -----
        Ft. Lauderdale, Florida                          (Zip Code)
        -----------------------
(Address of principal executive offices)

                                 (954) 760-5000
                                 --------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)










Item 5.           Other Events

     On  April 3,  2003,  BankAtlantic  Bancorp,  Inc.  issued  a press  release
announcing that its Board of Directors had authorized management to initiate the
process to separate its real estate development subsidiary,  Levitt Corporation,
from  BankAtlantic  Bancorp  through a tax-free  spin-off  which would result in
Levitt  Corporation  becoming a separate publicly traded company.  The first two
paragraphs of the press release,  which is attached as Exhibit 99.1 hereto,  and
the forward looking statement safe harbor paragraph  appearing at the end of the
press release, are filed and incorporated herein by reference.


Item 7.           Financial Statements and Exhibits


(c)      Exhibits

99.1     Press Release dated April 3, 2003.


Item 9.  Regulation FD Disclosure

     In accordance  with General  Instruction  B.2. of Form 8-K, the information
contained in the press release,  including the pro forma financial  information,
attached hereto as Exhibit 99.1 and incorporated  herein by reference,  is being
furnished  pursuant to Regulation  FD and,  except as set forth in Item 5 above,
shall not be  deemed  "filed"  for  purposes  of  Section  18 of the  Securities
Exchange  Act of  1934,  as  amended,  nor  shall  such  information  be  deemed
incorporated  by reference in any filing under the  Securities  Act of 1933,  as
amended,  except as shall be expressly set forth by specific reference in such a
filing.






                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  the  registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

BANKATLANTIC BANCORP, INC.



By:/s/Mark Wendel
-----------------
Name: Mark Wendel
Title: Senior Vice President, Controller


Dated: April 4, 2003









                                  EXHIBIT INDEX


Exhibit           Description
-------           -----------

99.1             Press Release dated April 3, 2003.