THE ST. JOE COMPANY

“We began executing purchase agreements on day one,” stated Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. “Demand was extremely high and the response to the online-only process was very positive. We anticipate a second online release of 38 homesites this spring.” 

“The start of tours and the beginning of the home sales process brings us one step closer to welcoming the first residents to Latitude Margaritaville Watersound,” said Jorge Gonzalez, President and CEO of St. Joe. “This location, the quality of the homes and the amenities that are planned will make this the ideal place to call home for those 55 and better.”

“Panama City Beach and the surrounding area have experienced tremendous growth over the past several years. We anticipate that trend to continue as more people discover that it is a year-round destination and a great place to live,” said Jorge Gonzalez, President and CEO of St. Joe. “Convenient access to quality health care services is vital to the success of a growing region. The creation of this planned health care campus will enhance the quality of life for local residents and provide tremendous opportunities for the entire region.”

“Our growing portfolio of apartment communities aligns with our strategic plan of developing assets that create new streams of recurring revenue,” said Jorge Gonzalez, President and CEO of St. Joe. “The leasing activity that we’ve seen to date is very encouraging and a positive indicator for our future plans in the apartment community market.”