DAYTONA BEACH — Latitude Margaritaville, the Jimmy Buffett active adult community that opened its sales center on Monday, is about to get new neighbors.

ICI Homes, the Volusia-Flagler area’s largest locally based homebuilder, recently agreed to pay $21 million to acquire 1,020 acres of timberland on the south side of Granada Boulevard/State Road 40, roughly 2 1/2 miles west of Interstate 95.

The Daytona Beach-based company intends to build a 2,500-home “full-life community” on the site, the second of two it is planning immediately next to the 6,900-home Latitude Margaritaville.