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Latitude Margaritaville Watersound Celebrates Milestone Sale Numbers

Latitude Margaritaville Watersound Celebrates Milestone Sale Numbers

Latitude Margaritaville Watersound Reaches 2,000 Home Sales

Minto Communities USA, The St. Joe Company (NYSE: JOE), and Margaritaville Holdings have announced a noteworthy achievement: Latitude Margaritaville Watersound has successfully sold 2,000 homes. This vibrant active adult community caters to individuals aged 55 and over and opened its doors in May 2021. Initial plans included constructing around 3,500 homes in the first phase, with additional phases expected in the future.

Exploring the Location and Community Appeal

The community is beautifully located along Northwest Florida’s stunning Emerald Coast, nestled perfectly between two well-known cities. Latitude Margaritaville Watersound is positioned within St. Joe’s expansive Bay-Walton Sector Plan, spanning approximately 110,500 acres with an impressive 15 miles of waterfront along the Intracoastal Waterway. Its proximity to the famous Scenic Highway 30-A boasts access to pristine white-sand beaches, truly embodying the relaxed and beach-centric lifestyle that characterizes Latitude Margaritaville.

Significance of This Milestone

Jorge Gonzalez, the President and CEO of St. Joe, expressed that achieving 2,000 home sales is a pivotal moment for the community. "This milestone demonstrates the robust demand for new homes at Latitude Margaritaville Watersound, highlighting both the quality of available homes and the outstanding amenities offered to residents," said Gonzalez. He also emphasized the ongoing migration to Northwest Florida, further demonstrating the community's growing desirability.

Unique Features and Lifestyle Offerings

Latitude Margaritaville appeals to today's active 55+ homebuyers with an array of unique offerings, including music, food, and leisure activities. Its recent recognition among the top 50 master-planned communities in the U.S. signifies its strong market presence and the allure of its lifestyle. The community has garnered numerous awards for its resort-style amenities, island-inspired designs, and laid-back atmosphere.

Community Amenities and Activities

The Latitude Town Square offers a host of engaging amenities, such as a terraced amphitheater, a bandshell complete with a concert stage, and a spacious restaurant known as Latitude Bar & Chill that features Margaritaville-inspired cuisine and breathtaking views of the Intracoastal Waterway. The vibrant Paradise Pool with its beach-like entrance and Tiki Island is another highlight for residents.

Moreover, amenities also include the Telegraph Business Center, providing workstations for productive work efforts, and the state-of-the-art Fins Up! Fitness Center. Residents can partake in a wide range of fitness classes, wellness programs, as well as recreational activities like bocce, pickleball, and tennis which come complete with night play lighting.

Future Development and Expansion

Exciting plans are underway to expand the Latitude Town Square. New facilities will enhance community life, featuring a Workin’ N’ Playin’ Center that will comprise various workshops and entertainment venues. Projects include a theater designed for movies and concerts, a woodworking workshop, and a specialized pet spa catering to residents' furry companions.

Housing Options and Community Growth

The sales center at Latitude Margaritaville Watersound showcases 13 model homes with five distinctive collections representing the community's tropical, carefree spirit. Home prices start in the $300s, with sizes ranging from 1,210 to 4,048 square feet, presenting numerous options for prospective buyers.

This development is a collaborative project between master developer Minto Communities, lifestyle brand Margaritaville, and St. Joe, reflecting a dedication to creating thriving communities. Further Latitude Margaritaville developments are already taking shape in Daytona Beach and nearby Hilton Head.

Future Plans for the Region

St. Joe aims to enhance the Latitude Margaritaville experience even more through proposed initiatives including a public marina and a commercial village close to the community. Additionally, there is an ongoing collaboration with Tallahassee Memorial Healthcare and Florida State University to establish a healthcare campus nearby, which will focus on research related to aging successfully and improving senior living technology.

Currently, residents enjoy access to essential healthcare services at the newly opened facility on a prime 87-acre site near major roadways. The development emphasizes priorities like urgent care and specialized clinical practices set to roll out soon.

Visit Latitude Margaritaville Today

To explore what Latitude Margaritaville Watersound has to offer, visit their sales center located at 9201 Highway 79. The center operates daily, providing a welcoming environment for potential residents interested in the Latitude lifestyle.

Frequently Asked Questions

What is Latitude Margaritaville Watersound?

Latitude Margaritaville Watersound is a community designed for active adults aged 55 and above, offering a variety of homes and resort-style amenities.

When did Latitude Margaritaville Watersound open?

The community opened its doors in May 2021 and has seen significant growth since its inception.

How many homes are planned for the community?

Approximately 3,500 homes are planned for initial phases within Latitude Margaritaville Watersound.

What amenities can residents expect?

Residents can enjoy amenities such as a fitness center, a large pool, lifestyle activities, and more, designed to promote a vibrant community atmosphere.

Who are the developers of Latitude Margaritaville?

This community is developed in partnership by Minto Communities, Margaritaville Holdings, and The St. Joe Company.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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