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Matt J

SWGB
May 9, 2007
24,892
9,663
Anybody seen Jimmy Buffett directing the contractor's yet or is this in fact a JOE development with a licensing deal?
 

Kurt

Admin
Staff member
Oct 15, 2004
2,303
4,972
SoWal
mooncreek.com
Minto Communities USA (“Minto”) and The St. Joe Company (NYSE: JOE) (“St. Joe”) announce that Latitude Margaritaville Watersound, located on Northwest Florida’s Emerald Coast, sold its 1,000th home in December 2022. In addition, homeowners soon will enjoy the four pillars of Latitude Margaritaville — fun, food, music and escapism — to the fullest with the grand opening of the Latitude Town Center this spring. Latitude Margaritaville Watersound opened to a resounding response from home buyers in May 2021, and reached the 1,000th home sale just 19 months later.

Dorothy Scattone from Jackson, Mississippi, was quite surprised to learn she had just become the 1,000th home buyer at the popular community. “I’ve always dreamed of living in a beach town,” she notes. “Here was the opportunity to stop dreaming about being a local and actually become one. The timing was right. It was now or never! I chose now.”

The initial phase of the Latitude Margaritaville Watersound Town Center resort-style amenities will include a colorful Town Square that features a multi-tiered amphitheater, thatched roof bandshell, full-size concert stage, jumbo screen for concerts and movies and special area designed for dancing. Dining and refreshment choices will include a two-story Bar & Chill restaurant and rooftop Overlook Bar with panoramic views of the Intracoastal Waterway as well as a Changes in Attitude Bar with views of the lagoon-style Paradise Pool. A state-of-the-art Fins Up! Fitness Center will include an indoor pool and spa. Additional amenities will include tennis and pickleball courts with lighting for night play and the Barkaritaville Dog Park. Future planned amenities include a Workin’ N’ Playin’ Center, Last Mango Theater, Hangar Workshop and Barkaritaville Pet Spa.

In addition to the manyLatitude Margaritaville Watersound amenities, St. Joe has plans for a future full-service public marina and commercial village adjacent to the community. St. Joe also has plans to develop a health care campus just minutes from Latitude Margaritaville Watersound with Tallahassee Memorial Healthcare, Inc. and Florida State University College of Medicine (FSU). The proposed healthcare campus is planned for the 87-acre parcel near the intersection of State Highway 79 and Phillip Griffitts Sr. Parkway where ground has already been broken on the first medical office building. In addition to a planned 100-bed inpatient facility, FSU intends to utilize the campus for research focused on successful aging and senior living technology.

Latitude Margaritaville Watersound is located between Pensacola and Panama City, near Panama City Beach. It is situated in the heart of St. Joe’s vast Bay-Walton Sector Plan that encompasses approximately 110,500 acres with approximately 15 miles of frontage on the Intracoastal Waterway. Just a short drive from the famed Scenic Highway 30-A corridor with its beautiful white-sand beaches, this region is the embodiment of the relaxed, beachy vibe that is at the heart of the Latitude Margaritaville lifestyle. The community’s initial phase is anticipated to include approximately 3,500 homes.

Latitude Margaritaville Watersound is being developed in a dynamic partnership that includes master developer Minto, global lifestyle brand Margaritaville Holdings, and St. Joe. It is the first of the popular communities to be developed in partnership with St. Joe. The other two Latitude Margaritaville communities are located in Daytona Beach, Florida and near Hilton Head, South Carolina.

Latitude Margaritaville’s all-new approach to active adult living has captured the imagination of today’s vibrant and active 55-and-better home buyers. More than 550,000 are registered as Latitude Margaritaville Paradise Club members to receive ongoing information on the communities. Currently there are just under 400 homes completed with nearly 700 at some stage of design or construction.

“Reaching the 1,000th sale milestone is a great moment for this community,” said Jorge Gonzalez, President and CEO of St. Joe. “The immense demand for new homes in the Latitude Margaritaville Watersound community speaks not only to the quality of the homes and abundance of amenities that residents can enjoy, but also to the appeal of the quality of life in Northwest Florida. More home buyers from more parts of the country are discovering this region, and the 1,000th home sale in the Latitude Margaritaville Watersound community is evidence of that.”

The Latitude Margaritaville Watersound sales center and 13 model homes are open daily. Four distinct home collections, the Conch Cottage Collection, Caribbean Villas Collection, and Beach and Island Collections of single-family homes, capture the “no worries” tropical vibe that defines Latitude Margaritaville communities. Floor plans range from 1,204 to 2,568 square feet under air with pricing from the low $300s.

The Latitude Margaritaville Watersound sales center is located at 9201 Highway 79, Panama City Beach, Florida. Open daily, Monday through Saturday, 9 a.m. to 5 p.m.; Sunday 11 a.m. to 5 p.m. Central time. For information, call 866-524-0144.

For more information on Latitude Margaritaville and to sign up to receive regular development updates, visit Latitude Margaritaville Watersound.
 
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Matt J

SWGB
May 9, 2007
24,892
9,663
I heard they sellout the same day they are released and nobody balks at the 2 years out construction time.
 

DestinBrew

Beach Comber
Jun 16, 2016
30
3
52
Destin
Are these the type of senior homes that where you buy it, then after you either pass away or go to sell it, the community takes 25% of the profit or more from the resale?
 

Matt J

SWGB
May 9, 2007
24,892
9,663
Are these the type of senior homes that where you buy it, then after you either pass away or go to sell it, the community takes 25% of the profit or more from the resale?

You'll have to expand on that. I've lived in Florida my entire life and thought I'd heard it all.

To your question, no that's not how this community operates.
 

SoWal Staff

Serving the Community!
Staff member
Apr 14, 2006
3,926
516
South Walon, FL
SoWal.com

Latitude Margaritaville Watersound development partners have announced the opening of the community’s Latitude Town Square amenities. Latitude Margaritaville Watersound is located on Northwest Florida’s gorgeous Emerald Coast near Panama City Beach and the Scenic Highway 30A corridor and is being developed in a dynamic partnership between master developer Minto Communities USA (“Minto”), global lifestyle brand Margaritaville Holdings, and The St. Joe Company (NYSE: JOE) (“St. Joe”).

The new Latitude Margaritaville Watersound Town Square is situated on the Intracoastal Waterway and features a terraced amphitheater, thatched roof bandshell with full-size concert stage and jumbo screen for concerts and movies. A special recessed dance floor provides a little give and spring for dancing. Dining options include a two-story Latitude Bar & Chill restaurant with rooftop Overlook Bar, all providing stunning views of the Intracoastal Waterway.

The lagoon-style Paradise Pool with beach-like gradual entry features an expansive deck and shaded Tiki Island. For indoor swimming, the state-of-the-art Fins Up! Fitness Center includes a lap pool and spa, in addition to workout equipment, spin room, fitness classes and a robust wellness program. Tennis and pickleball courts have lighting for night play, along with bocce ball courts and an outdoor games area with cornhole, billiards and a putting green. Additionally, the community now features a Barkaritaville Dog Park where canine residents can romp and play. Future planned amenities include a Workin’ N’ Playin’ Center with the Last Mango Theater, Hangar Workshop for golf cart tune ups, and Barkaritaville Pet Spa.

Latitude Margaritaville Watersound is the third of the incredibly popular, award-winning Latitude Margaritaville communities, and the first to be developed in partnership with St. Joe. The first two communities by Minto and Margaritaville are located in Daytona Beach, Florida and near Hilton Head, South Carolina. Minto and Margaritaville plan additional Latitude Margaritaville communities for Texas, as well as other popular destinations.

Latitude Margaritaville’s all-new approach to active adult living has captured the imagination of today’s vibrant 55 and better home buyers who are growing older…but not up, and home sales have exceeded all expectations.

The Latitude Margaritaville Watersound sales center and model homes are open daily. Four distinct home collections — the Conch Cottage Collection, Caribbean Villas Collection, and Beach and Island Collections of single-family homes — capture the “no worries” tropical vibe that defines Latitude Margaritaville. Floor plans range from 1,210 to 2,568 square feet under air with pricing from the low $300s.

Latitude Margaritaville Watersound is situated in the heart of St. Joe’s vast Bay-Walton Sector Plan that encompasses approximately 110,500 acres with approximately 15 miles of frontage on the Intracoastal Waterway. Just a short drive from the famed Scenic Highway 30A corridor with its beautiful white-sand beaches, this region is the embodiment of the relaxed, beachy vibe that is at the heart of the Latitude Margaritaville lifestyle.

In addition to the many Latitude Margaritaville amenities, St. Joe has plans for a future full-service public marina and Watersound West Bay Center, a commercial village adjacent to the community. St. Joe is also developing a health care campus, along with Tallahassee Memorial Healthcare and Florida State University (FSU) College of Medicine, located just minutes from Latitude Margaritaville Watersound. The healthcare campus is located on an 87-acre parcel near the intersection of State Highway 79 and Phillip Griffitts Sr. Parkway. In addition to the planned 100-bed inpatient facility, FSU intends to utilize the campus for research focused on successful aging and senior living technology. Phase 1 is currently under construction.

The Latitude Margaritaville Watersound sales center is located at 9201 Highway 79, Panama City Beach, Florida. Model homes are open daily, Monday through Saturday, 9 a.m. to 5 p.m.; Sunday 11 a.m. to 5 p.m. Central. For information, call 866-524-0144.

For more information on Latitude Margaritaville and to sign up to receive regular development updates, visit www.LatitudeMargaritaville.com. Follow Latitude Margaritaville on Facebook at www.facebook.com/LatitudeMargaritaville and on Instagram and Twitter at @LatitudeMville.

Screenshot 2023-06-22 at 16-52-17 LMW Town Square Release photos.png

Screenshot 2023-06-22 at 16-52-33 LMW Town Square Release photos.png
 
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