Island OceanFront Properties, LLC
Palm Island Fractional Ownership Program
Tranquility House

Ownership includes a guaranteed 8 weeks annually at this magnificent beach property as well as unlimited use at other times on a space available basis in accordance with our reservation system. Ownership also conveys optional exchange privileges to premier properties around the world.

An owner may own one or more 1/6 interests in the property. Initially, each owner will participate in a 4 round lottery and select two weeks in each round. Subsequent to the lottery, owners may trade weeks. Owners may opt to place some of their weeks in the rental program with the proceeds accruing to their account. Weeks not reserved for use by the owners may be rented or reserved for maintenance.

Each owner will be a member of the owner.s association for their property. Each property will be managed and maintained through the owner's association. Prior to purchase, each prospective owner will be furnished with a complete set of owner.s association documents. Initial amenities included with the ownership include an owner vehicle, annual ferry pass, 4-6 passenger club car, owner storage, 6 person spa, fire pit table with seating for four and stainless steel outdoor kitchen with granite countertop. Ongoing amenities, furnishings and décor will be determined by the owner's association.

Ownership Program

• 1/6 Fee Simple Deeded Interest in Entirety
• 6 Owner Association
• Professional Management
• Rental Program
• Attractive financing available

Why Fractional Interests?

• Designed for the affluent buyer with limited time
• Opportunity for both appreciation and income
• Fraction of cost of full ownership with no reduction in benefits for busy part-time users
• Avoids overhead costs of time-shares
• Unlike vacation club and residence club programs, fee simple title, secured by real estate
• Professional management
• Access to exclusive exchange properties from castles to ski chalets