Fractional Ownership. This condominium is a quarter-ownership villa. With quarter ownership, an owner owns 6 two week periods spread throughout the year plus a single week in January. Each year the ownership period adjusts so that over a four year period each owner has access to all 52 weeks. The maintenance of the property is done through an on-site management company. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. Enjoy 7 miles of natural Florida Beach! The villa features a wide-open living room and entertainment area leading directly to a full screened porch. The main suite has access to the linai too. The bath and dressing area features a large walk-in closet. This is a great way to own a villa in paradise. Enjoy the sun, sand and the fun island life!