Jimmy Buffett's Real Estate Holdings: A Look at the Homes and Investments of the Late Musician

From Palm Beach to Sag Harbor, Jimmy Buffett's real estate portfolio reflects his love for coastal living and his business acumen.

Introduction: Jimmy Buffett, the legendary musician known for his laid-back tunes and celebration of the Key West lifestyle, amassed a net worth of $1 billion, according to Forbes. While his rise to wealth was unconventional, his real estate holdings were more in line with traditional investments. From his homes in Palm Beach, Florida, to his estate in Sag Harbor, New York, Buffett's properties offer a glimpse into his personal life and business ventures. Palm Beach, Florida: Buffett, who famously sang about the virtues of Key West in songs like "Margaritaville," also had a part-time home in Palm Beach. He and his wife, Jane, sold their property at 309 Garden Road for $6.9 million. The three-bedroom, 4,783-square-foot home with a pool was built in 2003 and was listed for $7.6 million. Buffett had purchased the non-waterfront Palm Beach home for nearly $5 million in 2011. Additionally, Buffett owned another property in Palm Beach, located at 540 South Ocean Boulevard, which was sold in 2014. Sag Harbor, New York: Buffett's final days were spent in his five-bedroom, six-bathroom, 5,300-square-foot home in Sag Harbor, Suffolk County. This property holds sentimental value as it was where the musician found solace and peace. Latitude Margaritaville Retirement Villages: Inspired by Buffett's music and lifestyle, Latitude Margaritaville Retirement Villages are 55+ communities located in Florida. These communities offer cottages and homes starting in the $300,000+ range, providing residents with a taste of the Margaritaville lifestyle, complete with food, escapism, and a sense of community. Margaritaville Hospitality: A significant source of Buffett's wealth comes from his Margaritaville hospitality company, Margaritaville Holdings LLC. With locations in the U.S., Canada, and the Caribbean, including South Florida, Margaritaville offers a range of hotels and resorts. In Riviera Beach's Marina Village, plans were announced for a Margaritaville-branded hotel to anchor a proposed waterfront mixed-use project. The hotel, a five-story building with 150 rooms, will be accompanied by an 875-space parking garage, as well as retail and restaurant space totaling 225,000 square feet. This partnership between Buffett and the development team aims to create a vibrant destination for locals and tourists alike. Conclusion: Jimmy Buffett's real estate holdings provide a glimpse into the life of a musician turned business mogul. From his homes in Palm Beach and Sag Harbor to his Margaritaville-inspired communities and hospitality ventures, Buffett's investments reflect his love for coastal living, his entrepreneurial spirit, and his ability to create a brand that resonates with people around the world. As fans continue to enjoy his music and the Margaritaville experience, Buffett's legacy will live on through his real estate empire.