Construction has begun at Latitude Margaritaville Watersound!
Partners Minto Communities USA (“Minto”), Margaritaville Holdings and The St. Joe Company (NYSE: JOE) (“St. Joe”) announce that construction has started on 13 model homes at Latitude Margaritaville Watersound, the companies’ planned 55-and-better community. Models are projected to open in April 2021.
Model homes have been designed to capture the “no worries” tropical vibe that is so much a part of life at Latitude Margaritaville. There will be four distinct home collections – Conch Cottage Collection, Caribbean Villas Collection, and Beach and Island Collections of single-family homes. Home plans range from approximately 1,204 to 2,564 square feet under air, and prices are anticipated to start in the $200s.
Latitude Margaritaville Watersound is located on Northwest Florida’s Emerald Coast between Pensacola and Panama City, near Panama City Beach, and just a short drive from the famed Scenic Highway 30-A corridor. This area, with its beautiful white-sand beaches, is the embodiment of the relaxed, beachy vibe that is at the heart of the Latitude Margaritaville lifestyle.
Latitude Margaritaville Watersound is the third Latitude Margaritaville community to be developed by Minto and Margaritaville, and the first to be developed in partnership with St. Joe. The first two Latitude Margaritaville communities have opened in Daytona Beach, Florida and near Hilton Head, South Carolina.
Development work on the community’s first 248 homesites, including the 13 model homes, is currently underway. In total, the initial phase of Latitude Margaritaville Watersound is anticipated to include approximately 3,500 homes. The community site is located 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. The Bay-Walton Sector Plan is entitled for approximately 170,000 homes.
Call Amin Delawalla at 850.225.9899 for Additional Information!