Town Square amenities include Latitude Bar
& Chill restaurant, Paradise Pool & more
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”).
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the full release here:
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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.
NOTE TO EDITOR: Please see link to Latitude
Margaritaville Watersound images and captions below. Image
credits: Courtesy Minto Communities.
https://www.dropbox.com/scl/fo/1xnemrgcz7fcev6tqv28b/h?dl=0&rlkey=p0nfhnnjij57yrvabrzioewef
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, plans for developments in the
adjacent communities and the prospective interest in the Latitude
Margaritaville Watersound. 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, 2022 and
subsequent current report filings, as well as the following: (1)
the ability of Minto, Margaritaville Holdings and St. Joe to
continue to develop and successfully complete the Latitude
Margaritaville Watersound community and other developments in
adjacent communities on the expected timeline, or at all, and (2)
the continued interest of prospective buyers of Latitude
Margaritaville Watersound homes.
About Latitude
Margaritaville Latitude Margaritaville communities are
active adult developments 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 2019’s
Best 55+ Community of the Year 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 recognized among the
top 25 master-planned communities in the U.S. for 2022 on both the
John Burns Real Estate Consulting list of top 50 master-planned
communities and the RCLCO Real Estate Consulting list of top 50
master-planned communities. Additional Latitude Margaritaville
communities are planned for Texas as well as other popular
destinations.
About St. Joe 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. On a
regular basis, the Company releases a video showing progress on
projects in development or under construction. See
https://www.joe.com/video-gallery for more information.
©2023 The St Joe Company. “St. Joe®”, “JOE®”, the “Taking
Flight” Design®, “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/20230622387649/en/
Media Contacts: Paula Robertson (for Minto) Paula
Robertson & Associates 239-454-1454 Paula@prprUSA.com
Marek Bakun (Investor Relations for The St. Joe Company)
866-417-7132 Marek.Bakun@joe.com
David Demarest (Public Relations for The St. Joe Company)
850-213-5137 David.Demarest@joe.com
Caroline Andrew (for Margaritaville) Finn Partners 646-373-2899
caroline.andrew@finnpartners.com
St Joe (NYSE:JOE)
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