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Latitude Margaritaville

2400 LPGA Boulevard, Daytona Beach, Florida 32117

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In Partnership with Singer Jimmy Buffet, Latitude Margaritaville is a Laid Back 55+ Community with Pastel Colored Single Family Homes and Villas and Resort-Style Amenities

This new gated 55+ community, Latitude Margaritaville, is a collaboration between Minto, a Canadian developer, and Jimmy Buffet's Margaritaville Holdings. Set in northeastern Florida's Daytona Beach, the development is minutes from beaches, golf courses and an international airport.

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The 1,600 acre development will eventually have 6,900 single family homes and villas (duplexes). The current nine model houses showcase Minto's green building practices and open floor plans. Properites have about 1,500 square feet to 2,500 square feet with two to three bedrooms and two to three baths. All homes are one story with a large master suite, a lanai, a den, and walk-in closets. Exteriors are pastel-colored with a recessed entry. Every dwelling has an attached two or three car garage with "barn" doors and a paver driveway.

Prices begin in the mid-$200,000s. Please verify this price with a Realtor as it is bound to change.

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The community focuses resort-style amenities and has a large amenities center at its heart. A fitness center, aerobics studio, indoor lap pool, outdoor patio pool, and arts studio keep resident active. The clubhouse has a restaurant with Buffet-inspired food and drink. There is also a beach club, a town center, a bandshell, a wellness center and more.

Homeowners enjoy a band shell and community concerts. A shuttle service ferries residents to local beaches, and a new commercial center along LPGA Boulevard has a grocery store, restaurants, and shops.

The theme of this community, as put forth by Mr. Buffett, is to "grow older, but not up." A second Latitude Margaritaville location is planned for Hilton Head Island, South Carolina. A third is in the works in Watersound, Florida.

The nearby Daytona Beach Museum of Arts and Sciences has a planetarium, 90-acre preserve and grand gallery. It is also home to one of the world's largest Florida-themed art collections. Daytona State College's Southeast Museum of Photography hosts more than 12 exhibitions per year. The Daytona Beach Symphony sponsors opera, dance and international orchestra performances at the city's Peabody Auditorium.

Florida Hospital Memorial Medical Center is accredited by the Joint Commission.

Summer temperatures are in the 80s and 90s, and winter temperatures are in the 60s and 70s. The area receives 53 inches of rain on average per year.

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Parrotheads should visit www.latitudemargaritaville.com for more information.

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Florida:

The world's 11th largest peninsula doesn't just have an east coast and a west coast. It has a First Coast, Surf Coast, Space Coast, Treasure Coast, Gold Coast, Paradise Coast, Lee Island Coast, Cultural Coast, Nature Coast, Big Bend Coast, Emerald Coast, and a Forgotten Coast.

Each of these geographic regions is packed with its own history and attractions. The first place to be colonized by Europeans, the First Coast is rich with tidal marshes. It's the home of Amelia Island and St. Augustine. The venerable Castillo de San Marcos sits here and guards the Matanzas Bay.

Daytona Beach and the Halifax River are the heart of the Surf Coast. Automobile racing helped it develop its reputation. The area code is 386 (FUN). South of the fun is the Space Coast. Cocoa Beach, Cape Canaveral, and the Kennedy Space Center are a part of its culture.

Named after the Spanish fleet lost in a 1715 hurricane, the Treasure Coast's principle city is Port St. Lucie. It is a northern neighbor to Miami and the Gold Coast. The affluent Naples and major land reserves characterize the Paradise Coast. The Ringling Estate and Sarasota make the Cultural Coast come alive. Twenty miles of beaches along the Gulf Coast distinguish the Suncoast from the forests and blackwater rivers of the Nature Coast.

Travel up to Florida's Big Bend along its emerald waters. Find the Forgotten Coast. With no major cities, it may be the best place to enjoy the state's white-sand beaches.

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Stats:

Population - 20,612,439

Persons 65 years old and over - 20%

High school graduates age 25+ - 87%

Bachelor's degree or higher age 25+ - 26%

Persons of Hispanic or Latino origin - 24%

White persons, not Hispanic - 55%

Median household income - $46,596

Median home value - $159,000

Persons in poverty - 16%

Social Security taxed? No

Source: U.S. Census Bureau

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Why are HOA Fees So High in 55+ Communities?

HOA fees (homeowner association fees) come in a wide range, and each 55+ community has a different set of guidelines for determining its HOA fees. Generally, the more amenities, the higher the fee. And often older communities have higher fees because as a development ages, maintenance costs increase. Most communities have bylaws stating how high HOA fees can be raised each year. When looking for a 55+ community, always ask about the fees. How much are they? What do they cover? How many increases have there been in the last 10 years? If the developer or sales staff will not tell you, visit on a Saturday when people are out and about and ask a resident or two about the HOA fees.

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Communities by State

Alabama   Arizona   California   Colorado   Florida   Georgia   Nevada   North Carolina   Oregon   South Carolina   Tennessee   Texas   Virginia   Washington  

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