Latitude Margaritaville Daytona Acquires Property for Additional Phase

DAYTONA BEACH, FL (January 11, 2021) — Minto Communities has closed on a 260-acre property just east of the existing Latitude Margaritaville Daytona Beach community to expand the popular development by 500 homes. Minto now is approved to build 3,900 homes at Latitude Margaritaville Daytona Beach.

According to Minto's Latitude Margaritaville President William Bullock, "Latitude Margaritaville Daytona Beach has maintained very strong sales. We hit a major benchmark recently when we closed on the community's 1,000th home, and sales continue to exceed our initial projections. The location of this additional property is ideally suited to accommodate expansion of the community while maintaining connectedness with existing homes and amenities."

Latitude Margaritaville communities are being developed by award-winning master developer Minto Communities in partnership with global lifestyle brand Margaritaville. Inspired by the lyrics and lifestyle of singer, songwriter and best-selling author Jimmy Buffett, whose songs evoke a passion for tropical escape and relaxation, this dynamic, all-new approach to active adult living has captured the imagination of today's vibrant and active 55-and-better market. Over 350,000 prospective buyers are registered as Latitude Margaritaville Paradise Club members to receive regular updates on the communities.

The Latitude Margaritaville Daytona Beach Town Center opened in June 2019. Latitude Town Center amenities currently include a lively Town Square that features a thatched-roof bandshell with full-size concert stage, jumbo screen to show live concerts and movies, and dedicated area for dancing. There also is a state-of-the-art Fins Up! Fitness Center and lagoon-like Paradise Pool with unique beach-style entry and its own Tiki Island. Dining options include the Latitude Bar & Chill Restaurant and a Changes in Attitude Bar that offers poolside drinks and dining. Outdoor amenities include tennis and pickleball courts, a nature trail and Barkaritaville Dog Park. A private residents-only beach club on the Atlantic Ocean is scheduled to open in January.

For convenient shopping, Latitude Landings, a 200,000-square-foot Margaritaville-themed, golf cart accessible destination retail center, anchored by Publix, is located across the street from Latitude Margaritaville Daytona Beach.

Latitude Margaritaville Daytona Beach Phase Two amenities are well underway and include a Workin' N' Playin' Center with Coconut Telegraph Business Center and Last Mango Theater for shows, dances and banquets. An indoor pool will be added to the Fins Up! Fitness Center. In addition, residents in this golf cart friendly community can tune up their golf carts at the new Hangar Workshop, and canine residents will be pampered at the Barkaritaville Pet Spa. Phase Two outdoor amenities include five bocce ball courts, three more pickleball courts, and two more tennis courts.

Latitude Margaritaville Daytona Beach home offerings include Conch Cottages, villas and single-family homes with pricing starting in the low $200’s. Thirteen model homes are available for viewing.

The Latitude Margaritaville Daytona Beach sales center is located at 2400 LPGA Boulevard in Daytona Beach, Florida. The sales center is open Monday through Saturday from 9 a.m. – 5 p.m. and Sunday from 11 a.m. – 5 p.m.

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 Twitter at @LatitudeMville.

About Latitude Margaritaville:
Latitude Margaritaville is a new portfolio of active adult communities developed by master developer Minto Communities and 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, the first Latitude Margaritaville communities are now open in Daytona Beach, Florida and Hilton Head, South Carolina. Latitude Margaritaville Watersound, located on the Emerald Coast in Florida’s Panhandle is expected to open in Spring 2021. Additional Latitude Margaritaville communities are planned for some of the nation’s most popular destinations.