Legendary Singer Jimmy Buffett Set to Open ‘Margaritaville'-Themed Retirement Community

The $1 billion development will reportedly have 7,000 homes

For those who love the music of legendary South Florida resident Jimmy Buffett and are getting close to retirement age, the musician is offering a chance to continue the free-spirt lifestyle well into their golden years.

An agreement reached last week between the singer’s company and developer Minto Communities is bringing to life an entire Margaritaville-themed retirement community to the state of Florida. Called "Latitude Margaritaville," the community is set to open in 2018 near Daytona Beach and will cater to those 55 years of age and older.

"Inspired by the legendary music and lifestyle of singer, songwriter and best-selling author Jimmy Buffett, your new home in paradise features exciting recreation, unmatched dining and FINtastic nightlife," according to the community's website.

The $1 billion development will have 7,000 homes, according to NBC affiliate WESH-TV. Current plans include a town center featuring a fitness center, indoor and outdoor dining with signature Margaritaville food and beverage as well as access to a private beachfront club set on the Atlantic Ocean.

"Parrotheads," as Buffet fans are known, may be familiar with the "no worries" tropical vibe at the development — his Margaritaville brand has several resorts, casinos and restaurants around the country.

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