More: Want a house in the new Panama City Beach Margaritaville Watersound community? Get in lineĭone searching for that shaker of salt?: Tour the new PCB Margaritaville community What new Margaritaville properties are coming to Florida? Growing older, not growing up: Latitude Margaritaville Watersound welcomes first residents And the Panama City Beach location sold almost all of their initial 200 lots as soon as they were offered. Since welcoming its first residents in March 2018, Latitude Margaritaville in Daytona Beach has sold approximately 1,580 homes and now has more than 3,000 residents. But for that you get a roomy cottage-style house, a private 2-3 car garage, landscaping, emergency buttons, and a Town Center.Īnd a lot of company. If you want to spend your days nibblin' on sponge cake and watching the sun bake your neighbors, be prepared to cough up, depending on the location, from $230,000 to $420,000 for a home at one of the Latitude Margaritaville communities. How much does it cost to live in Margaritaville? It's limited to residents aged '55 and better.'Īnd that doesn't count the RV camps, or the properties with different names, such as the Landshark Bar & Grills and the 5 O’Clock Somewhere bars.Īs of next April, Margaritaville will go mobile and oceanbound when the Port of Palm Beach’s only cruise ship Grand Classica will be renamed the Margaritaville Paradise and the company that owns it, Bahamas Paradise Cruise Line, will become Margaritaville at Sea. In 2017, Buffett announced his first retirement community, Latitude Margaritaville, which opened in Daytona Beach. The Island H2O Live! Water park sprang up in 2019 along with Margaritaville Resort Orlando in Kissimmee. The company's flagship Margaritaville Hollywood Beach Resort opened in 2015 with eight restaurants, 369 rooms and more than 30,000 square feet of event space.Īlso in 2015, the Margaritaville Vacation Club by Wyndham opened in St. The first Margaritaville Casino opened in the Flamingo Hotel in Las Vegas in 2011. Which one? The first named location from the new company, Margaritaville Holdings, Inc., was the Margaritaville restaurant at the Universal CityWalk in Orlando in 1999.īuffett licensed the name to a Florida developer to create a $50 million oceanfront hotel in Pensacola in 2010 promising 'barefoot elegance,' which kicked off the run of Margaritaville luxury hotels. The men hit it off and formed a partnership. But in the 90s he met John Cohlan, then senior vice president of finance at the investment firm that owned Arby’s and Long John Silver’s. Buffett sued, won, and immediately began branding the name everywhere he could.īuffett opened a few places on his own, such as T-shirt shops and restaurants and then the Margaritaville Cafe in Key West in 1987. Restaurant chain Chi-Chi's tried to trademark 'Margaritaville' as a drink special. It began, more or less, when someone else tried to. How did Jimmy Buffett create the Margaritaville company? Here's what you need to know about Margaritaville.

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