Latitude Margaritaville Watersound development partners have
announced that Latitude Margaritaville Watersound has again been
named among the top 50 master-planned communities in the U.S. on
the RCLCO Real Estate Consulting mid-2024 listing. Latitude
Margaritaville Watersound is being developed in a dynamic
partnership between The St. Joe Company (NYSE: JOE) (“St. Joe”) and
master developer Minto Communities USA (“Minto”), under licensing
from global lifestyle brand Margaritaville Holdings.
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the full release here:
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Latitude Margaritaville Watersound is located on Northwest
Florida’s Emerald Coast near Panama City Beach and the Scenic
Highway 30A corridor. It is the third of the award-winning Latitude
Margaritaville communities and the first to be developed in
partnership with The St. Joe Company. The first Latitude
Margaritaville communities by Minto and Margaritaville are located
in Daytona Beach, Florida and near Hilton Head, South Carolina.
Additional Latitude Margaritaville communities are being planned
for Texas and other popular destinations.
With a full range of award-winning resort style amenities,
Latitude Margaritaville communities offer a laid-back lifestyle of
fun, food, music and escapism that has captured the imagination of
today’s vibrant 55 and better home buyers. Latitude Margaritaville
Watersound Town Square amenities include a terraced amphitheater,
thatched roof bandshell with full-size concert stage for the
community’s robust program of live music, a jumbo screen for live
streaming, and recessed dance floor that provides a little cushion
and spring for dancers. A two-story Latitude Bar & Chill
restaurant and rooftop Overlook Bar provide a menu of
Margaritaville inspired food and beverage concoctions and stunning,
panoramic views of the Intracoastal Waterway. A massive
lagoon-style Paradise Pool has a beach-like gradual entry and its
own Tiki Island.
Existing amenities also include a state-of-the-art Fins Up!
Fitness Center with indoor lap pool and spa, workout equipment,
spin room, fitness classes and wellness programming. There also is
a Telegraph Business Center with individual work stations and a
board room. In addition to a games lawn with bocce, cornhole,
billiards tables, and a putting green, the tennis and pickleball
courts have lighting for night play. Residents also can explore the
Intracoastal Waterway by kayak from the Port of Indecision kayak
launch, and canine residents can get their play on at the
Barkaritaville Dog Park.
Latitude Margaritaville Watersound offers four distinct home
collections that include the Conch Cottage Collection, Caribbean
Villas Collection, and Beach and Island Collections of
single-family homes. Home designs 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 $300s.
Thirteen colorful island-styled model homes are open daily for
viewing.
A new Vista Collection of just 24 exclusive two-story
single-family homes along the Intracoastal Waterway is now
available. These homes feature a casual-luxe island style with a
spacious second level that takes full advantage of their
spectacular location overlooking the Intracoastal Waterway. All
include an elevator, three bedrooms, covered balcony, two-car
garage, golf cart garage and upgraded standard features. Homes
range from 3,095 to 4,048 air-conditioned square feet with pricing
starting at $1.1 million.
According to Minto’s Latitude Margaritaville Division President
William Bullock, “We are honored that Minto communities are
consistently recognized among the Top 50 Master-Planned Communities
in the U.S. We continually strive to build upon Minto’s reputation
for quality, innovation and value. Latitude Margaritaville
communities embody all of these hallmarks for success with a
one-of-a-kind lifestyle based on the four pillars of fun, food,
music and escapism that has captured the imagination of those 55
and better who are growing older but not up.”
RCLCO provides real estate economics, strategic planning, and
management consulting to real estate investors, developers, home
builders, financial institutions, public agencies and anchor
institutions. Since 1994, RCLCO has conducted a national survey
identifying the top-selling master-planned communities through a
rigorous search of high-performing communities in each state.
Latitude Margaritaville Watersound is located at 9201 Highway
79, Panama City Beach, Florida. Sales Center hours are Monday
through Saturday, 9 a.m. to 5 p.m. CT, and Sunday, 11 a.m. to 5
p.m. CT. For information on Latitude Margaritaville, visit
www.LatitudeMargaritaville.com or Minto Communities
at www.mintousa.com.
NOTE TO EDITOR: See link to photos below.
https://www.dropbox.com/scl/fo/zwzmw3p4tik14i20ibl3t/AOHGGBetwuATDwhcARRbhHE?rlkey=1r6j9bcfvshserl6342abx3nl&st=uz4jbwx6&dl=0
Important Notice Regarding
Forward-Looking Statements
This press release contains “forward-looking statements,” within
the meaning of Section 21E of the Securities Exchange Act of 1934,
including statements regarding the anticipated size of the initial
phase of Latitude Margaritaville Watersound, expectations regarding
specific amenities and other features, neighboring developments and
the prospective interest in the Latitude Margaritaville Watersound
and the neighboring developments. These forward-looking statements
are qualified in their entirety by cautionary statements and risk
factors set forth in St. Joe’s filings with the SEC, including its
Annual Report on Form 10-K for the year ended December 31, 2023 and
subsequent current report filings, as well as the ability of Minto,
Margaritaville Holdings and St. Joe to continue to develop and
successfully complete the Latitude Margaritaville Watersound
community and the continued interest of prospective buyers of
Latitude Margaritaville Watersound homes.
About Latitude
Margaritaville
Latitude Margaritaville communities are active adult communities
developed and built by master developer Minto Communities under
license from global lifestyle brand Margaritaville Holdings.
Offering resort-style amenities, Latitude Margaritaville is the
ideal destination for those looking to live the Margaritaville
lifestyle as they grow older, but not up. The communities feature a
resort-style pool, fitness center, live entertainment, signature
Margaritaville food and beverage concepts, arts and learning
programs and more. Ranked the nation’s most popular active adult
community of 2018 by 55Places.com and Best 55+ Community of the
Year for both 2019 and 2020 by the National Association of Home
Builders, Latitude Margaritaville communities are now open in
Daytona Beach, Florida, Hilton Head, South Carolina and Watersound,
Florida located on the Emerald Coast in Florida’s Panhandle. All
three Latitude Margaritaville communities were named among the 2023
Top 50 Master-Planned Communities by John Burns Real Estate
Consulting and RCLCO Real Estate Consulting. Additional Latitude
Margaritaville communities are planned for Texas as well as other
popular destinations. 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 on Instagram and
X at @LatitudeMville and on YouTube at
@LatitudeMargaritaville8114.
About The St. Joe
Company
The St. Joe Company is a real estate development, asset
management and operating company with real estate assets and
operations in Northwest Florida. The Company intends to use
existing assets for residential, hospitality and commercial
ventures. St. Joe has significant residential and commercial
land-use entitlements. The Company actively seeks higher and better
uses for its real estate assets through a range of development
activities. More information about the Company can be found on its
website at www.joe.com.
©2024 The St. Joe Company. “St. Joe®,” “JOE®,” the “Taking
Flight” Design®, and “St. Joe (and Taking Flight Design) ®” are
registered service marks of The St. Joe Company or its
affiliates.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240821725207/en/
Minto Communities USA Paula Robertson Paula Robertson
& Associates 239-454-1454 paula@prprUSA.com
The St. Joe Company, Investor Relations Marek Bakun
866-417-7132 marek.bakun@joe.com
The St. Joe Company, Media Relations Mary Beth Lovingood
850-231-6583 marybeth.lovingood@joe.com
Margaritaville Caroline Andrew Finn Partners 646-373-2899
caroline.andrew@finnpartners.com
St Joe (NYSE:JOE)
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