Latitude Margaritaville Daytona Beach unveils model homes

More than 2,500 people toured nine model homes at the senior housing development amid a street party with live music

Miami /
Feb.February 25, 2018 03:05 PM

Latitude Margaritaville rendering

More than 2,500 people toured model houses Saturday at the development site of Latitude Margaritaville Daytona Beach, the first of several senior housing developments by Minto Communities and Margaritaville Holdings.

Buyers have purchased more than 200 homes at the 55-and-older development in Daytona Beach since a pre-construction sales program began in November.

Minto Communities is planning to build a total of 6,900 homes at the development, marketed as a real version of the imaginary, laid-back Margaritaville community that recording artist Jimmy Buffett described in his 1977 hit song of the same name.

Minto unveiled nine model homes at Latitude Margaritaville Saturday during a street party at the development site featuring live music and performers on stilts.

Bill Bullock, senior vice president of Minto Communities, told the Daytona News-Journal that 2,637 people toured the model homes.

Bullock also told the newspaper that Minto expects to build more than 300 homes this year at Latitude Margaritaville.

All of the homes are designed with open floor plans and high ceilings. Buyers have the option of installing a backyard swimming pool. Prices range from the low $200,000s to the mid-$300,000s.

Scheduled for completion early next year, the first phase of construction at Latitude Margaritaville will include a town center spanning 33 acres, with amenities including a bandshell, a town square for events and a resort-style swimming pool, plus a bar and restaurant, a pet spa, walking trails and courts for playing tennis and pickleball. [Daytona News-Journal] – Mike Seemuth


Related Articles

arrow_forward_ios
Ron DeSantis and Peter Thiel (Illustration by The Real Deal with Getty)
Peter Thiel on Florida real estate: “becoming like California”
Peter Thiel on Florida real estate: “becoming like California”
Affiliated Development co-founder Nick Rojo along with 9445 Fontainebleau Boulevard in Miami (left) and the Bohemian apartment project in Lake Worth Beach (right) (Getty Images, Affiliated Development, Google Maps, MSA Architects)
“Slamming on the brakes”: South Florida’s record rent hikes slow
“Slamming on the brakes”: South Florida’s record rent hikes slow
Clockwise from top left: One Sotheby’s Jorge Uribe, Compass' Ida Schwartz, Fortune International Group's Edgardo Defortuna and Royal Palm Companies' Dan Kodsi (Illustration by Kevin Rebong for The Real Deal)
Slowdown hits South Florida’s hot resi market: Here’s what that means
Slowdown hits South Florida’s hot resi market: Here’s what that means
(Illustration by The Real Deal with Getty Images)
South Florida’s June resi sales drop by double digits
South Florida’s June resi sales drop by double digits
(iStock/Illustration by The Real Deal)
Miami again ranks as nation’s least affordable housing market, followed by LA, NY
Miami again ranks as nation’s least affordable housing market, followed by LA, NY
From left: Sotheby’s Daniel de la Vega and Reagan Jefferies with Brevard County
One Sotheby’s picks up Brevard County brokerage
One Sotheby’s picks up Brevard County brokerage
US HUD Secretary Marcia Fudge (Getty, iStock)
A heavy crown: HUD secretary declares Miami “epicenter” of nation’s housing crisis
A heavy crown: HUD secretary declares Miami “epicenter” of nation’s housing crisis
10181 US Highway 98 West and 39 Sandy Dunes Circle (LoopNet)
Florida Panhandle estate sold for $25M
Florida Panhandle estate sold for $25M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...