The St. Joe Company and developer Minto Communities plan to jointly develop a community branded Latitude Margaritaville Watersound, an active adult, age-restricted residential community concept created by Margaritaville Enterprises. Latitude Margaritaville will be located in Bay County near Panama City Beach and the scenic 30A corridor. The community is projected to open in early 2020.
“Latitude Margaritaville Watersound is the perfect destination for those looking to own a piece of paradise in the panhandle while living a life of fun and relaxation.”
The LATITUDE MARGARITAVILLE Watersound location is in the heart of St. Joe’s Bay-Walton Sector Plan that is entitled for 170,000 homes. St. Joe owns approximately 15 miles of frontage on the Intracoastal Waterway connecting West Bay with Choctawhatchee Bay and it is expected that the community will receive the benefit from the spectacular vistas and recreational opportunities.
According to St. Joe Company President and Chief Executive Officer Jorge Gonzalez, “St. Joe is pleased to work together with Minto and Margaritaville to offer the first active adult community of this kind in our region.”
This community will offer close proximity to an international airport, be minutes from the beautiful beaches of Panama City Beach as well as exclusive lifestyle shopping and entertainment centers.
Minto’s Latitude Margaritaville Division President William Bullock notes that LATITUDE MARGARITAVILLE communities have experienced an overwhelming response from those seeking a unique approach to active adult living. “There is nothing that compares to the lifestyle of Latitude Margaritaville,” notes Bullock.
“Minto is proud to work with St. Joe and Margaritaville to bring Latitude Margaritaville Watersound to this beautiful part of Florida. Our audience has been asking for a Gulf of Mexico location, and this is a perfect complement to our other coastal destinations in Daytona Beach and Hilton Head.” More information can be found at the website.