Minto Homes Latitude Margaritaville in Daytona Beach has netted the 2018 55+ Community of the Year designation from 55places.com.
“To come out with our first community for a new brand like Latitude Margaritaville in the first year, to be recognized is a tremendous honor,” said William Bullock, president of Minto’s Latitude Margaritaville division, in an exclusive interview with 55places.com. “At the same time, I think it is a legitimization of what our consumers and residents have been telling us. That they’re really engaged in the ‘food, fun, music, and escapism’ lifestyle that Latitude Margaritaville represents.”
Latitude Margaritaville Daytona Beach has certainly come a long way in the past 12 months. Construction on the first homes was completed at the start of the year, just in time for the home models to open their doors. The first round of residents arrived in March and by the time October rolled around, LMDB had sold its 500th home, way ahead of schedule (The latest sales figures put that number at 550 homes as of December). It was no surprise to learn that the community released a new round of homesites and upped their construction efforts, from nine new home starts per week to 11.
Those numbers are made all the more impressive by the fact the town center and surrounding amenities aren’t even completed yet. Even though they still have a ways to go before completing the first phase of development (3,400 residences, which Bullock says will take around “eight to 10 years,” depending on the market), the city of Daytona Beach has already approved the community for phase two, which would add an additional 3,250 homes and a second residents-only town center and amenities collection.