7221 RUM BAY DRIVE 4211D Fractional Ownership. Located between Ft. Myers and Sarasota on a barrier island! 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 that is never crowded and you will always find space for your beach chair! The villa features a wide-open living room and entertainment area leading directly to a full large, screened porch. The main suite has access to the linai too. The bath and dressing area features a large walk-in closet. This building boasts a new roof, new windows and sliding doors; all impact in addition to new luxury laminate flooring throughout with new carpet in the bedrooms. Owners have four locked cabinets for storage. This is a unique no worry way to own a beach villa in paradise. Enjoy the sun, sand and the fun island life today!