St. Joe plans 3,500-home expansion of Latitude Margaritaville Watersound community
JOE•Latitude Margaritaville Watersound expansion
- St. Joe expanded its joint venture with Minto to add about 3,500 homes at Latitude Margaritaville Watersound in Panama City Beach, Florida.
- The second phase lifts the community to roughly 7,200 planned homes; updated financial terms reflect higher regional and project values.
- Sales rose 27% in 2026 year to date versus 2025; contracts reached 2,635 of the initial 3,700 planned homes.
- Adjacent development includes the Watersound West Bay Center mixed-use project, planned for at least 500,000 square feet of commercial space.
- St. Joe also plans a public marina on the Intracoastal Waterway; an FSU Health acute-care teaching hospital is under construction nearby.
