Minto Communities USA, The St. Joe Company, and Margaritaville Holdings announced that Latitude Margaritaville Watersound has sold its 2,000th home. This active adult community, designed for those 55 and better, originally opened in May 2021. The achievement underscores the sustained popularity and demand for this residential development.
Plans for the community's first phase call for approximately 3,500 homes, with additional phases anticipated beyond that. Reaching the 2,000th home sale milestone demonstrates significant progress in the development and sales cycle. This success contributes positively to The St. Joe Company's equity income from its unconsolidated joint ventures.
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