OC Elder Law
Jimmy Buffet to Open Margaritaville Inspired Retirement Communities
Retirement has just gotten a lot more laid back with the new chain of active living communities inspired by Jimmy Buffet’s Margaritaville. Complete with spas, pools, fitness centers and world class shopping, these neighborhoods offer everything that you would find in an upscale, all-inclusive Caribbean resort.
Luxury is All-Inclusive
More than just a place to live, the owners of Minto Communities hope that the Margaritaville properties will be a destination. On track to open in the fall of 2017, the signature property will feature a bandshell for live entertainment events, a private beachfront club and a lap pool. The community, which is golf cart friendly, will open in Daytona Beach, Florida and hopes to welcome residents by the spring of 2018.
Margaritaville will feature some of buffet’s signature eateries and bars. The “Five O’Clock Somewhere” bar and the “Cheeseburger in Paradise” restaurants will both feature indoor and outdoor seating and the iconic menu items that made the chain famous.
Bill Bullock, Senior Vice President of Minto Communities hopes that residents will find their new community a fun way to enjoy retirement while building new social connections. The community is planned to be less “retirement home,” more “resort.”
Bullock says that the homes range in price from $200,000 to $300,000 and offer all of the amenities that residents come to expect. The community, to be named “Latitude Margaritaville,” will feature 7,000 homes and more than 200,000 square feet of retail space.
Jimmy Buffett’s empire started in Key West, Florida in 1985 when he opened his first Margaritaville store. Today, the legendary singer owns properties all over the globe, from timeshare properties to hotels, casinos and restaurants. In 2017, Buffet broke ground on Margaritaville Resort Orlando, and includes more than 300 time share units and a hotel featuring 187 rooms.
The $1 billion property hopes to attract residents who are looking for an experience like none other. With a tropical vibe, swaying palms and lively music providing the background for easy living, Margaritaville is an escape from it all. As an added bonus, residents may be in for a surprise. Bullock suggests that perhaps the legendary Jimmy Buffet may stop in for a quick concert.