The Complete Guide to Latitude Margaritaville Watersound

Latitude Margaritaville Watersound is the 2nd Jimmy Buffett inspired 55+ community in Florida, and the 3rd one overall when you include Latitude Margaritaville Hilton Head.

It is located near the famed State Road 30A, a scenic stretch of road in the Florida Panhandle, between Panama City Beach and Destin.

If you've done any research on Latitude Margaritaville Daytona Beach, you'll quickly find that the developers have decided not to reinvent the wheel here in Watersound.

Many of the amenities, community features, and floorplans are similar and/or exactly the same as you'll find at Latitude Margaritaville Daytona.

Before we begin, I've teamed up with a real estate agent who has helped several of my readers become Latitude Margaritaville residents to provide you with the most up-to-date information on Latitude Margaritaville Watersound. 
You can connect with her here.

Who Is Developing Latitude Margaritaville Watersound?

While LM Daytona and LM Hilton Head have been joint projects between Minto Communities and Margaritaville Holdings, LM Watersound is actually a three-way partnership between those two entities and the St. Joe Company.

The St. Joe Company is one of the largest landowners in Florida, particularly in this part of the state, so if a community of this type was ever going to be built here, it makes perfect sense to do it with them.

Where is Latitude Margaritaville Watersound?

Latitude Margaritaville Watersound is located on Northwest Florida’s Emerald Coast between Pensacola & Panama City.

This area is best known for the emerald green waters of the Gulf of Mexico, white sand beaches and rolling dunes, and untouched forests that stretch for miles.

Understandably, this part of Florida is a big vacation destination for people who live in both Florida and Georgia, but you'll also see a ton of license plates from Alabama, Louisiana, and Texas because of the proximity to I-10.

Here's how far Latitude Margaritaville Watersound is from some popular cities in this region:

• Destin, FL – 50 miles
• Pensacola, FL – 116 miles
• Tallahassee, FL – 125 miles
• Mobile, AL – 163 miles
• Biloxi, MS – 224 miles
• New Orleans, LA – 405 miles

If you plan to fly your best bet would be to fly into Northwest Florida Beaches International Airport (ECP) which is approximately 15 minutes from Latitude Margaritaville Watersound.

Latitude Margaritaville Watersound Amenities

The list of amenities coming to Latitude Margaritaville Watersound is very similar to what we've seen in other Latitude Margaritaville communities.

Taking advantage of this particular location though, the Latitude Town Center overlooks the Intracoastal Waterway and is adjacent to a planned public marina.

Here's a bulleted list of planned amenities:

• Latitude Town Square with Bandshell
• Latitude Bar & Chill Restaurant
• 2nd Floor Bar with panoramic views of the Intracoastal Waterway
• Changes in Attitude Poolside Bar
• Paradise Pool with Beach Entry
• Cabanas
• Tiki Huts
• Fins Up! Fitness Center
• Workin' N' Playin' Center
• Barkaritaville Dog Park
• Tennis & Pickleball Courts
• Bocce Ball Courts
• Walking Trails

Latitude Margaritaville Watersound Floor Plans

The smallest homes at Latitude Margaritaville Watersound are called Cottages (Conch Collection) that range in size from 1,210 a/c sq. ft. to 1,481 a/c sq. ft.

The next size up are Villas (Caribbean Collection) that range in size from 1,507 a/c sq. ft. to 1,865 a/c sq. ft.

After that there are two different collections of Single-Family Homes:

The Beach Collection homes range in size from 1,685 a/c sq. ft. to 2,393 a/c sq. ft.

The Island Collection homes range in size from 2,330 a/c sq. ft. to 2,568 a/c sq.ft.

At the time of this writing, home prices start in the $300k's.

Latitude Margaritaville HOA Dues

As there are four different collections of homes at LM Watersound, there are four different levels of HOA dues and what they include.

Cottages (Conch Collection):

• 2023 Monthly Fees* – $266.90
• Projected Monthly Fee upon Build-out** – $296.27

What They Include:

• Common area maintenance (lawns, landscape, trees, irrigation, Association walkways, trails, roads, lake/waterway management, lighting, signage)
• Access to the Amenity Center (Fins Up! Fitness Center, Latitude Town Square Bandshell, Last Mango Theater, Workin' N' Playin' Center, Barkaritaville Pet Spa, Coconut Telegraph Business Center, The Hangar Workshop, Latitude Bar & Chill Restaurant, Changes in Attitude Bar, Paradise Pool with Beach Entry, Tiki Huts, Tennis & Pickleball Courts, Bocce Ball Courts)
• Latitude Lifestyle Programming (additional fees may apply for some activities)
• Association common area insurance(s)
• Entry gates
• Lot landscape maintenance
• Reserves (exterior paint, driveways and roof replacement)

Villas (Caribbean Collection):

• 2023 Monthly Fees* – $294.21
• Projected Monthly Fee upon Build-out** – $317.26

What They Include:

• Common area maintenance (lawns, landscape, trees, irrigation, Association walkways, trails, roads, lake/waterway management, lighting, signage)
• Access to the Amenity Center (Fins Up! Fitness Center, Latitude Town Square Bandshell, Last Mango Theater, Workin' N' Playin' Center, Barkaritaville Pet Spa, Coconut Telegraph Business Center, The Hangar Workshop, Latitude Bar & Chill Restaurant, Changes in Attitude Bar, Paradise Pool with Beach Entry, Tiki Huts, Tennis & Pickleball Courts, Bocce Ball Courts)
• Latitude Lifestyle Programming (additional fees may apply for some activities)
• Association common area insurance(s)
• Entry gates
• Lot landscape maintenance
• Reserves (exterior paint, roof replacement)

Single Family Homes (Beach Collection)

• 2023 Monthly Fees* – $249.66
• Projected Monthly Fee upon Build-out** – $274.19

Single Family Homes (Island Collection)

• 2023 Monthly Fees* – $263.85
• Projected Monthly Fee upon Build-out** – $276.69

What They Include:

• Common area maintenance (lawns, landscape, trees, irrigation, Association walkways, trails, roads, lake/waterway management, lighting, signage)
• Access to the Amenity Center (Fins Up! Fitness Center, Latitude Town Square Bandshell, Last Mango Theater, Workin' N' Playin' Center, Barkaritaville Pet Spa, Coconut Telegraph Business Center, The Hangar Workshop, Latitude Bar & Chill Restaurant, Changes in Attitude Bar, Paradise Pool with Beach Entry, Tiki Huts, Tennis & Pickleball Courts, Bocce Ball Courts)
• Latitude Lifestyle Programming (additional fees may apply for some activities)
• Association common area insurance(s)
• Entry gates
• Lot landscape maintenance

* The current fee for Latitude at Watersound Amenity Association will incrementally rise when amenities are completed and/or additional services become available.

** The projected buildout fee contains estimates and is based on current plans, knowledge and market conditions which may change over time. Fees are stated in today's pricing and do not factor in inflation. Review all homeowners association documents carefully to determine fees associated with ownership of a home or unit. 

Questions About Latitude Margaritaville Watersound?

Required Disclaimer: This website and the brokerage and/or realty services offered in connection with this site are not affiliated with or endorsed by LMWS, LLC, Minto Communities, LLC, Margaritaville Enterprises, LLC, Margaritaville Communities, LLC or their respective Affiliates. Latitude Margaritaville and any associated logos are trademarks of Margaritaville Enterprises, LLC and used under sublicense from LMWS, LLC. The Latitude Margaritaville copyrighted material is the property of LMWS, LLC, Minto Communities, LLC and Margaritaville Communities, LLC, and may be used only with prior written permission from LMWS, LLC, Minto Communities, LLC and Margaritaville Communities, LLC.

Related Posts