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Latitude Margaritaville Watersound Named Among Top 50 Master-Planned Communities in U.S.

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Latitude Margaritaville Watersound, a master-planned community in Panama City Beach, Florida, has been named among the top 50 in the U.S. by RCLCO Real Estate Consulting. Developed by The St. Joe Company (NYSE: JOE) and Minto Communities USA, it offers a laid-back lifestyle for those 55 and better.

The community features resort-style amenities including a Town Square with amphitheater, restaurants, fitness center, and water activities. Home options range from 1,210 to 4,048 square feet, priced from the $300s to over $1.1 million for exclusive Intracoastal Waterway homes.

This recognition highlights the success of the Latitude Margaritaville brand in creating desirable communities based on fun, food, music, and escapism. The development continues to attract buyers seeking a vibrant, tropical-inspired lifestyle in Northwest Florida's Emerald Coast region.

Latitude Margaritaville Watersound, una comunità pianificata a Panama City Beach, Florida, è stata nominata tra le prime 50 negli Stati Uniti da RCLCO Real Estate Consulting. Sviluppata da The St. Joe Company (NYSE: JOE) e Minto Communities USA, offre uno stile di vita rilassato per persone di 55 anni e oltre.

La comunità presenta comfort in stile resort, tra cui una Piazza Centrale con anfiteatro, ristoranti, palestra e attività acquatiche. Le opzioni abitative variano da 1.210 a 4.048 piedi quadrati, con prezzi che partono dai 300.000 dollari fino a oltre 1,1 milioni per le case esclusive lungo il Intracoastal Waterway.

Questo riconoscimento sottolinea il successo del marchio Latitude Margaritaville nel creare comunità desiderabili basate su divertimento, cibo, musica e fuga dalla realtà. Lo sviluppo continua ad attirare acquirenti in cerca di uno stile di vita vibrante e ispirato ai tropici nella regione della Emerald Coast nel Nord-Ovest della Florida.

Latitude Margaritaville Watersound, una comunidad planificada en Panama City Beach, Florida, ha sido nombrada entre las 50 mejores de EE. UU. por RCLCO Real Estate Consulting. Desarrollada por The St. Joe Company (NYSE: JOE) y Minto Communities USA, ofrece un estilo de vida relajado para aquellos de 55 años o más.

La comunidad cuenta con comodidades al estilo de un resort, incluyendo una Plaza Central con anfiteatro, restaurantes, un centro de fitness y actividades acuáticas. Las opciones de vivienda oscilan entre 1,210 y 4,048 pies cuadrados, con precios que van desde los 300,000 dólares hasta más de 1.1 millones para las exclusivas casas junto a la Intracoastal Waterway.

Este reconocimiento destaca el éxito de la marca Latitude Margaritaville en la creación de comunidades deseables basadas en diversión, comida, música y escapismo. El desarrollo sigue atrayendo compradores que buscan un estilo de vida vibrante e inspirado en los trópicos en la región de la Emerald Coast del noroeste de Florida.

Latitude Margaritaville Watersound는 플로리다주 파나마 시티 비치에 위치한 마스터 플래닝 커뮤니티로, RCLCO 부동산 컨설팅에 의해 미국 50대 커뮤니티 중 하나로 선정되었습니다. The St. Joe Company (NYSE: JOE)와 Minto Communities USA에 의해 개발되어, 55세 이상의 사람들에게 편안한 라이프스타일을 제공합니다.

이 커뮤니티는 앰피시어터, 레스토랑, 피트니스 센터 및 수상 활동이 있는 타운 스퀘어를 포함한 리조트 스타일의 편의 시설을 갖추고 있습니다. 주택 옵션은 1,210에서 4,048 제곱피트까지 다양하며, 가격은 30만 달러대부터 시작해 Intracoastal Waterway의 독점 주택은 110만 달러를 넘습니다.

이 인식은 Latitude Margaritaville 브랜드의 성공을 강조하며, 즐거움, 음식, 음악 및 탈출을 기반으로 한 바람직한 커뮤니티를 만들어 내고 있습니다. 이 개발은 플로리다 북서부의 에메랄드 코스트 지역에서 열대 영감을 받은 활기찬 라이프스타일을 찾는 구매자들을 계속해서 끌어들이고 있습니다.

Latitude Margaritaville Watersound, une communauté soigneusement planifiée à Panama City Beach, en Floride, a été classée parmi les 50 meilleures aux États-Unis par RCLCO Real Estate Consulting. Développée par The St. Joe Company (NYSE: JOE) et Minto Communities USA, elle offre un style de vie détendu pour les personnes de 55 ans et plus.

La communauté propose des équipements de style resort, y compris une place centrale avec un amphithéâtre, des restaurants, un centre de fitness et des activités aquatiques. Les options de logement vont de 1 210 à 4 048 pieds carrés, avec des prix allant de 300 000 $ à plus de 1,1 million de dollars pour des maisons exclusives le long de la Intracoastal Waterway.

Cette reconnaissance met en lumière le succès de la marque Latitude Margaritaville dans la création de communautés prisées basées sur le plaisir, la nourriture, la musique et l'évasion. Le développement continue d'attirer des acheteurs à la recherche d'un style de vie vibrant et inspiré des tropiques dans la région d'Emerald Coast, dans le nord-ouest de la Floride.

Latitude Margaritaville Watersound, eine mastergeplante Gemeinde in Panama City Beach, Florida, wurde von RCLCO Real Estate Consulting zu den 50 besten in den USA gezählt. Entwickelt von The St. Joe Company (NYSE: JOE) und Minto Communities USA, bietet sie einen entspannten Lebensstil für Menschen ab 55 Jahren.

Die Gemeinde bietet Annehmlichkeiten im Resort-Stil, darunter einen Stadtplatz mit Amphitheater, Restaurants, ein Fitnesscenter und Wasseraktivitäten. Die Wohnoptionen reichen von 1.210 bis 4.048 Quadratfuß, mit Preisen von 300.000 Dollar bis über 1,1 Millionen Dollar für exklusive Häuser am Intracoastal Waterway.

Diese Anerkennung unterstreicht den Erfolg der Marke Latitude Margaritaville bei der Schaffung begehrenswerter Gemeinschaften, die auf Spaß, Essen, Musik und Flucht basieren. Die Entwicklung zieht weiterhin Käufer an, die einen lebendigen, tropisch inspirierten Lebensstil in der Emerald Coast-Region im Nordwesten Floridas suchen.

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PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)-- 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.

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.

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

Source: The St. Joe Company

FAQ

What is the stock symbol for The St. Joe Company involved in Latitude Margaritaville Watersound?

The stock symbol for The St. Joe Company is JOE, listed on the New York Stock Exchange (NYSE: JOE).

Where is Latitude Margaritaville Watersound located?

Latitude Margaritaville Watersound is located on Northwest Florida's Emerald Coast near Panama City Beach and the Scenic Highway 30A corridor.

What is the price range for homes in Latitude Margaritaville Watersound?

Home prices in Latitude Margaritaville Watersound range from the $300s for standard homes to starting at $1.1 million for exclusive Intracoastal Waterway homes.

What amenities does Latitude Margaritaville Watersound offer?

The community offers amenities including a Town Square, amphitheater, restaurants, Paradise Pool, Fins Up! Fitness Center, tennis and pickleball courts, dog park, and access to the Intracoastal Waterway.

Who are the development partners for Latitude Margaritaville Watersound?

Latitude Margaritaville Watersound is developed in partnership between The St. Joe Company (NYSE: JOE) and Minto Communities USA, under licensing from Margaritaville Holdings.

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