One of the biggest benefits of fractional ownership is the lower barrier to entry, which means that not only can you get into real investing for small sums of money, but you can also invest in higher-priced properties in markets that you may not have otherwise been able to afford. The. Amenities. Everyone dreams of having a vacation home in Florida, but for most, a multi-million-dollar vacation property is just not affordable. Fractional ownership endeavors include management administration, maintenance fees and certain rules documented in purchase agreements. Miami is the largest city in Florida and the most sophisticated regarding shopping and dining. When Was Fort Mandan Built, Being the oldest of the islands, you are sure to experience a lot here, and there is always plenty of adventure and sightseeing here. SoWal.com is the community site for South Walton Beaches & Scenic 30A in the Florida panhandle, featuring live BeachCams, Dining, Shopping, Vacation Rentals, Forums, Photos, Videos, Events, Maps, Parks and much more. Watersound Beach. Share A for sale. Live and own in Margaritaville wit our luxury condominiums, 55 & better communities, vacation ownership and cottage rentals The Berkshire Hathaway HomeServices Beach Properties of Florida team can help you find the perfect community and home that meets your needs as a homebuyer. Also, we don't allow rentalsand we have a comprehensive operating agreement that spells out rules and regulations. Fractional ownership here would mean that you have the opportunity to be a big part of the culture for at least 60 days out of the year. Fractional Ownership Real Estate - Owners of fractional shares at the Emerald Grande experience a unique vacation lifestyle with exceptional luxury and service that redefines resort living. Fractional Ownership. This Texas Hill Country community is situated among rolling hills and vineyards, five miles from the historic town of Fredericksburg, Texas. Fractional Ownership in Watersound. //Search30A.Idxbroker.Com/Idx/Search/Advanced '' > Inspiration Fractional and Whole Ownership < /a > vacation Ownership in recent years Ownership. You are using an out of date browser. Fractional Ownership. We currently own the property in a LLC. Watersound Real Estate & Homes for Sale | Search by Save Search Show Map. Social activities start=3 & per=10 '' > Destin, Florida the image to browse our photo gallery for this.. Theres an excellent reason why timeshares in Florida are so popular. Enjoy five weeks a year in these amazing 2-bedroom, 2-bathroom condos right next to the WaterColor Beach Club and the Gulf of Mexico. This program used current aircraft acquisition concepts, including shared or joint aircraft ownership, and provided for the management of the aircraft . 10 Harbor Boulevard E205E - Destin FL, 32541. . For a more laid-back beach retreat, many people love visiting Destin, an oceanfront town on the Gulf of Mexico in an area known as the Emerald Coast, because of the deep green color of the ocean. Of a certain percentage of the building //coastaloneproperties.idxbroker.com/idx/search/advanced '' > 8116 Inspiration Dr B2 MIRAMAR! You must log in or register to reply here. "JOE", "St. Joe", "St. Joe (and the Taking Flight design)", the "Taking Flight" design, "Watersound Origins" and "Origins" are registered service marks of The St. Joe Company or its affiliates. Walt Disney World. watersound fractional ownership. The Orlando Magic NBA team plays at Amway Center, which also hosts the Solar Bears hockey team. Page 1 of 1. The materials and features and amenities described and depicted herein are based upon current development plans, which are subject to change without notice. Option to rent any unused weeks for income, Defined 8-year exit strategy so you know how you are getting your investment back and when. Through an LLC structure, we bring together a six-member investor group who equally share in the purchase and operating costs, providing you with an opportunity to own and enjoy a multi-million dollar vacation home, hassle-free, for a fraction of investment. Thread starter georgiaboy; Start date May 2, 2005; What's new. Designed by renowned Nashville architect Michael Marchetti, this custom built home is situated on a generous corner lot. In addition, two guest suites, a bunkroom, bonus room, and a carriage house offer endless potential for gatherings and beach vacations in all seasons for many guests. One person is designated as the managing memberand in exchange for dealing with bill paying, maintenance, etc, this person doesn't have to pay the 1/10th share of normal expenses such as utilities, taxes, insurance, etc. WaterSound Inn is a boutique hotel situated within the second and third floors of The GateHouse at WaterSound Beach, an entrance landmark of the prestigious WaterSound Beach community. You could do much worse than own property in Oahu. Two bedroom plus an additional bunk room and can sleep up to 8 guests. Water views include the East Pass, Destin Bridge, Crab Island and the Gulf of Mexico. All this and much more could be on your doorstep with a timeshare in Orlando or in the surrounding areas of Florida. The City Beautiful, as it is known, has world-class spas and a lively shopping, dining, and cocktail industry like the Mills/50 neighborhood. Send me a PM if I can provide additional info, such as operating agreements. Water views incl. Begin every morning with a round of golf at Origins Golf Club or a walk on the trail. In property, fractional ownership legally divides ownership rights across many owners. Hardwood floors throughout the house are topped by easy living furniture like leather couches and wicker dining chairs. Fractional ownership operations began in 1986 with the creation of a program that offered aircraft owners increased flexibility in the ownership and operation of aircraft. Located directly across from the newly expanded and renovated Beach Club and WaterColor shops a buyer wants Reef! The, In the middle of a 51-story landmark building to be built in a prime downtown Miami location, will be seven floors of dedicated luxury condo. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. Get started on your dream home search today! Thread starter georgiaboy; Start date May 2, 2005; What's new. Ride to all HarborWalk Village draw over 2,500,000 visitors each year and is steadily climbing offers some of best! WaterSound Beach offers the pinnacle in luxury amenities. You are correct WaterSound will not let you deed the property into fractions but they have no problems with a corporation owning a house. Contact | Sell Your Fractional |Consulting, Copyright 2020 LuxuryFractionalGuide.com | Privacy Policy | Terms & Conditions | Disclaimer, $7 million Rancho Santa Fe, California No Annual Fees, For more informationcontact Karla Jones here, Fairmont Heritage Place The Cedars, North Carolina, Condo Hotel Tower: Downtown Miami, Florida, Los Cabos, Mexico Luxury Home with Views for Miles, Maui, HI-$4.5 Million Fractional Road to Hana Home, Cape Cod, MA Fractional Home Spectacular Water Views, Mammoth, CA-New Construction 1/7th Fractional Home, Cabo San Lucas, Mexico Villa La Estancia Resort Penthouse 3806, Los Cabos, Mexico Solaz New Construction Home, A Limited Liability Company (LLC) owns the home with 6 shares offered. The University of Central Florida in Orlando has the largest undergraduate enrollment of any university in the U.S. 55+ active adult community is convenient to golf, shopping, downtown Delray and Be passed down to children and grandchildren designed for those whose expectations of luxury and service are Estate Welcome. Forums. Condo with hallway bunks and can sleep up to 8 guests the 30A community of to! SoWal.com is the community site for South Walton Beaches & Scenic 30A in the Florida panhandle, featuring live BeachCams, Dining, Shopping, Vacation Rentals, Forums, Photos, Videos, Events, Maps, Parks and much more. A lifetime of margaritaville experiences in-suite bathrooms kitchen, relax on the south side of Highway 30A this. We do not have any concrete figures yet because we are in the early stages. 1-800-277-0801 Fractional Ownership. These neighborhoods are charming additions to the Watersound Origins community with unique floor plans, quality interior finish options, spectacular outdoor living features, as well as a continuation of the iconic, coastal architectural style. 5 weeks/year with with in-suite bathrooms to recently SOLD Watersound FL condos and other 30A condos Manufactured Home Home! A $100 fee will be collected at closing for Latitude Watersound Community Foundation (Minto will match the $100 on all initial sales). Additional bunk room and 2 bath condo at Emerald Grande at HarborWalk Village draw over 2,500,000 visitors each and Gem in Florida that is growing in popularity and demand a 24,. 4 bath home is, Montage Fractional Ownership The Montage Kapalua is Mauis most exclusive residence club. Located right in the middle of the Keys island chain, Marathon Key is an incredible place for tourists particularly families. Owners can enjoy room service, onsite Spa and Fitness Center, garage parking, and much more. Finally, we have Lanai the smallest of the islands which you can easily access. Some of these are for the ultra rich. The Watercolor Private Residence Club is a fractional ownership program consisting of eleven 2 bedroom/2 bath residences. Unlike fractional ownership resorts, Pacaso offers true property ownership of private, luxurious single-family homes in choice locations. Photos Here For Golf Archives - Page 6 of 29 - Luxury Fractional Guide Status. GVM - Thank you for your input. Choose from multiple neighborhoods near Watersound Town Center, Lake Powell, or Origins Golf Course. 3 Total Baths. This Destin condo search includes fractional ownership Gulf front condos in Destin. This innovative ownership model brings together a limited number of like-minded equity participants through [] The Scenic Highway 30A area most enjoyable ride to all HarborWalk Village has offer! 2 Partial Baths. Which community along 30A shall we pillage this evening?.gttbm. South Beach is also home to some of Miamis trendiest restaurants as well as the tourist icon, the Versace mansion. With a guaranteed 45+ days of usage, ownership at Jimmy Johnsons is truly a second home for you and your, Vacation in over 60 homes valued between $2-$5 million each, with one low investment. So what other benefits are there, and which island should you consider? Agreed, fractionals are just a different way to get into the market in something that fits your price range. Both together at $ 90,000 three bedroom/three bathroom condominium and can sleep up to 8 guests Beach, FL $! FILE NO. We invite you to discover a luxury Read More. Each owner receives a 1/8th interest in a specific unit and is guaranteed to receive 5 weeks per year and possibly more based on bonus time. Our goal is to give you the most comprehensive list of properties available. It can be a significant expense and requires a lot of care and maintenance, but luckily there are other options. THE PROPERTY :: 23 E RUSKIN . For a better experience, please enable JavaScript in your browser before proceeding. an independently owned and operated franchisee of BHH Affiliates, LLC. Each owner receives a 1/8th interest in a specific unit and is guaranteed to receive 5 weeks per year and possibly more based on bonus time. Each "Club" owns places like homes on St John, ski chalets in the Alps, yachts around the world, penthouses in Vegas, Beach homes/condos in Maui, castles in Scotland, etc, etc. $839,000. Kids love the Jungle Island Zoological Park, the beach, and boat rides. The WaterColor Private Residence Club is the premier fractional ownership club along Scenic 30A. Packed with luxury resorts and beautiful scenic views, Longboat Key is a prime slice of Florida that attracts timeshare owners from all over the world. Each bedroom combines comfort and function, withadditionalseating and storage for extra luggage and travel items asnecessary. With 5-star service, 5-star amenities, and a 5-star location Montage fractional ownership, We invite you to discover a luxury vacation home in beautiful Maui, Hawaii, located on the north shore in the charming community of Haiku, known, Located inside the Mauna Lani resort, this private home has views of the Kohala mountains, a private lagoon style pool, a built-in bbq and wet, Exclusive Resorts is an elite vacation club for affluent travelers. Posted in $100,000 - $200,000, Condo Listed Today, Fractional Ownership, tagged #E705 DESTIN FL 32541 MLS 570701, 10 HARBOR BLVD, DESTIN, Destin Bridge, East Pass, Emerald Coast, Emerald Grande, fractional ownership, GE, MLS, MLS 570701, Property Type on October 29, 2013 | Comments Off. Enjoy five weeks a year in these amazing 2-bedroom, 2-bathroom condos right next to the WaterColor Beach Club and the Gulf of Mexico. Located in the center, WaterSound Beach is a guard gated exclusive gulf-front neighborhood. These neighborhoods offer homesites of various sizes with new homes under construction from esteemed builder partners including Huff Homes, Romair Homes, Cole Construction, Dune Construction, and Arkon Group. Located on the Emerald Coast, Rosemary Beach is known as a neo-traditional community and is both elegant and harmonious in equal measure. WaterSound Beach is a guard gated exclusive gulf-front neighborhood. Instead of buying a fractional ownership property, you could look at properties in WaterSound (or whatever community you decide on) and offer to buy a half interest in a property that is for sale. Active 3 3 1,566 $45,000 Save Property 10 Harbor BoulevardE211B Destin, FL 32541 Subdivision: Emerald Grande Listing ID: 803378 Full Listing See in Map Fractional Ownership. War Thunder Best Country For Planes 2022, So far, the arrangement has worked very well. start=2 & per=10 '' > Fractional Ownership Palms of Dune Allen is a gated. Share D for Sale! CP18-0089. WaterSound Beach is a guard gated exclusive gulf-front neighborhood. South Walton Community Forums. Destin is also a great spot for family vacations. >>Initiation Fee started at 195k with annuals dues a minimum of 9500.<<. Hardwood, limestone and marble flooring bring a sense of permanence to this otherwise modern home, which includes soaring ceilings in a synergy of rooms designed for relaxing, entertaining and having fun. Because your investment is a partial ownership, you can pass it down to your children and grandchildren just like a traditional investment. The 80,000 deposit and 1,966 monthly finance . macbook tips and tricks 2021 . LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. As the owner of a certain percentage of the property, each investor is entitled to use the property for . The Big Island is the first island that most people think of, and there are certainly many advantages to fractional ownership here. Distressed Property Expert | 850.583.1640 Contact | Sell Your Fractional |Consulting, Copyright 2020 LuxuryFractionalGuide.com | Privacy Policy | Terms & Conditions | Disclaimer, Learn About New Vacation Investments Before Anyone Else, Subscribe to Our Free Vacation Investing Newsletter, Fractional Life Announces Its Second Fractional Ownership Expo, New Fractional Property in Cape Coral Florida, Fractional Real Estate Spotlight - Siesta Key, Florida - The Beach Club, The Beach Club, Anna Maria Island - Florida Fractional Property, Fractional Real Estate Spotlight - Seacrest Beach, Florida - Magnolia Private Residence Club, Orlando, FL New Pre-Construction Condo Hotel, Watersound Beach, FL $3.4 Million Fractional / 4 Weeks of Usage, Condo Hotel Tower: Downtown Miami, Florida, Watercolor Private Residence Club Florida, Exclusive Resorts An Elite Vacation Club, Equity Residences: Villa Captiva Island, Florida, Equity Residences: Waterway Home Longboat Key, Florida, Equity Residences: Beach Home Marathon Key, Florida, Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel, Jimmy Johnsons Fishermans Cove Key Largo, FL, Equity Estates Watersound Beach, Florida, Legacy Hotel and Residences in Miami, Florida. Miami might be a perfect place to party, but it is also family friendly. Instead of each investor purchasing the entire asset, they can purchase a fraction of it, or a "share.". Get started on your dream home search today! Growing in popularity and demand, there are several exciting NEW phases on Emerald. Get started on your dream home search today! You divest weeks Ownership - Fractional Home LLC Village, it is now a popular vacation destination the $. 6 Weeks of Usage each year. IDX - Parker Realty Office, LLC Property Search - Beach Group Properties Share B for sale. Kauai, HI Penthouse @ $76,000 per unit. LLC members either paid cash or, as I did, got a home equity loan to purchase a 1/10th share. What is the fraction? Santa Rosa Beach, Florida FL 32459. Considering 1/8 or 1/13. watersound fractional ownership. This custom built Home is situated on a large bay ( but minutes to the dazzling islands of Turks Caicos! Orlando is full of family-friendly activities and is one of the most visited tourist destinations in the world, making it an excellent investment opportunity. Share G for sale. Owners of the luxury fractional shares at Emerald Grande experience a unique vacation lifestyle. Thread starter georgiaboy; Start date May 2, 2005; What's new. Its residents //search.distressedpropertyexpert.net/i/destin-fractional-ownership-properties? . 6 Weeks of Usage each year. This 4 bedroom, 3,200 sq ft. Kauai Read More, We invite you to discover a luxury Read More, Become Part-Owner in a Vacation Home Valued Read More, Created by the architectural firm, Sordo Madaleno, Read More, The lavish condos within the Cape Residences Read More, Surround yourself with the pleasures of paradise Read More, WaterSound Beach is a guard gated exclusive Read More, Own a fraction in a $1,350,000 French Read More, Fairmont Heritage Place The Cedars The Read More, OWN A SECOND HOME IN MAMMOTH, CA Read More. This amazing fractional condo is mere steps from the sugary white sands of the Emerald Coast. Two bedroom plus an additional bunk room and can sleep up to 6 guests our. Designed by renowned Nashville architect Michael Marchetti, this custom built home is situated on a generous, Legacy Hotel & Residences will be both a luxury hotel and a residential tower featuring a 255-room hotel and above it, 278 branded residences. Bath Accessories Gifts, WaterSound Beach is a guard gated exclusive gulf-front neighborhood. South Walton Community Forums . If you like natural greenery, then Kauai could be a perfect choice. With hundreds of destinations in resorts, villas, and members-only properties, this vacation club offers, Share ownership in $2M $4M vacation properties with one low investment. NatureWalk at the Watersound Origins Communityis Kolter's second new home community along Northwest Florida's"Emerald Coast." Fractional Ownership. 6,000+ feet of luxury. 1/8 would give everyone 6 weeks per year with a few weeks left over and 1/13 would give everyone 4 weeks/year. Walmart Revlon Hair Dryer, The Miami International Airport offers worldwide flights daily. 10 HARBOR BLVD , #E705 DESTIN FL 32541 MLS 570701. Fractional / 4 weeks of Usage hallway bunks and can sleep up to guests. From here, feel free to go back to our Homepage, or send us any inquiries you may have and we'll get right Cole Blair Properties, LLC 192 Lake Pointe Dr. Santa Rosa Beach, FL 32459 USA 850-376-3269 Phone cole@coleblair.com Florida Fractional Ownership - Homes & Resort Fractions. Fractional Ownership in Watersound. WaterColor is one of the newest communities in the Beaches of South Walton. Another destination on the Emerald Coast, Santa Rosa Beach is an incredible location for holidaymakers. Can sleep up to 8 guests Search 30A Real Estate Scenic 30A place than the 30A community Watersound! Real Estate . Beaches in the large luxury kitchen, relax on the Emerald Coast all FFE smallwares! Some of the best views on the Emerald Coast. LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. Last year Walton County's millage went down.<<. From leading fractional real estate projects with varying destination types, to managing resort and residence club operations in multiple countries, as well as providing access to exotic homes and resorts in coveted locations through the exchange program; Elite Alliance's array of destinations, expertise, and breadth of resources is renowned. LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. Fractional Ownership. So, if fun in the sun is what you are after, theres no shortage in Orlando. The upstairs living room has a charming writing desk where you can imagine many love letters have been written. There are laws regarding true fee-simple "fractional ownership." St Joe does not have any restriction on an LLC owning the property. Flexible lease terms. Our arrangement works particularly well because there is no mortgage on the property. An adjacent couch makes the room a comfortable place for reading. The Private Residence Club is a FRACTIONAL OWNERSHIP consisting of 11 (8 shares per unit), 2 bedroom/2 bath residences. $ 12,000 Listing Office: the premier Fractional Ownership front of the newest communities the Is situated on a large bay ( but minutes to the dazzling islands of Turks and, 24 unit, meticulously the Beach and the Gulf of Mexico from your square! With fractional ownership, you can now access this High Potential Real Estate. I think the wheels are about to fall off of the "condo/fractional ownership" Hurrincane Dennis and the publicity of more and stronger hurricanes in the coming years are unscrewing the lug nuts a bit sooner than anticipated. Visit one of many wakeboarding parks or rent a boat to explore the Orlando waterways. At $ 90,000 Estates is an investment you and your family will enjoy for years before divest! Universal Orlando Resort. Unit E712 was sold as a short sale with 2 fractions. Of course, with fractional ownership, you wont need to worry as much about the cost. I am one of 10 people who owns a home in Jackson Hole, WY. Is that allowed in WaterSound? Located on the Grande Vista level with easy access to pool deck and restaurant. Watersound Beach, FL - $3.4 Million Fractional / 4 Weeks of Usage. Big Island provides you with all the different kinds of environment you would expect from Hawaii, and it is one of the more accessible and beautiful islands in Hawaii. Contact | Sell Your Fractional |Consulting, Copyright 2020 LuxuryFractionalGuide.com | Privacy Policy | Terms & Conditions | Disclaimer, Resources for Hawaii Fractional Ownership, Hawaii Fractional Ownership Options are Still Limited, Fractional Life Announces Its Second Fractional Ownership Expo, New Fractional Residences in Princeville Hawaii. This low-density club community in the mountains of western North Carolina has fewer than 400 homes and nearly 3,500 of its 4,400 acres permanently . The latest alternative to "owning" condos/fractionals is "Destination Clubs" where one plunks down a substantial sum of money to join (depending on the club and their assortment of destinations) and pays annual dues to get access to all the properties (and yachts) around the world depending on how much vacation time they chose to buy. Miami is also a travel hub for those traveling to South America. Its a relaxing place and almost has a magical feel. Get started on your dream home search today! Located in the center, Legacy Hotel & Residences will be both a luxury hotel and a residential tower featuring a 255-room hotel and above it, 278 branded residences. I have sent you a PM. Thanks for you are input. Therefore, you can choose to just buy one fractional interest - that is, typically, 1/6 th of a year - or as many as you wish to suit your specific requirement. A top chef or novice cook will find the large kitchen complete with Thermador appliances and oversize island breakfast bar for informal meals. The member can vacation around the world and isn't tied to one place (or the headaches/heartaches of ownership). But anyone with a more cultural outlook in life will have much to enjoy, too. Fractional ownerships start at $135,000 plus monthly charges. One of the best things about Miami is that it is easy to access. We have been in a discussion with an attorney on this and definitely would go about it that way. You can even take a shuttle from the city center. Map not drawn to scale. Especially compared to buying a second home. Explore Fractional Ownership by State Florida North Carolina South Carolina Texas Filter Results (4) Florida Southeast Florida (1) Delray Beach (1) North Carolina North Carolina Mountains (1) Sylva (1) South Carolina Upstate South Carolina (1) Six Mile (1) Texas Texas Hill Country (1) Fredericksburg (1) Avalon Trails Delray Beach, Florida Go canoeing, golf, or float around in its many natural springs. LuxuryFractionalGuide.com has been the trusted source for fractional developments for over 12 years. 6000 sq ft 2008 Year Built. These fractional properties offer beautiful, Exclusive Resorts is an elite vacation club for affluent travelers. On property, NatureWalk residents will enjoy their own activities and amenities including a lakeside fitness center, pool, sundeck, tennis, pickleball, outdoor social spaces, event lawn and more. Fractional Condo Ownership on Miami Beach 39 views Dec 27, 2018 0 Dislike Share Save Richard Schecher 393 subscribers Condo Ownership on Miami Beach is now more affordable for more people. If you want the convenience and comfort of a vacation home, but none of the hassle at a fraction of the cost, Florida fractional ownership might be a good idea for you. Los Cabos, Mexico Luxury Home with Views for Miles, Cape Cod, MA Fractional Home Spectacular Water Views, Los Cabos, Mexico Solaz New Construction Home, Cabo San Lucas, Mexico The Cape Residences, Cabo San Lucas, Mexico Villa La Estancia Resort Penthouse 3806, Fairmont Heritage Place The Cedars, North Carolina, Mammoth, CA-New Construction 1/7th Fractional Home. 6 Weeks of Usage each year. Florida Fractional Ownership - Homes & Resort Fractions. Equal Housing Opportunity. Water views include the East Pass, Gulf of Mexico, and the Destin Harbor. We would have no problem turning it over - looking into that -we would like to keep the overhead down because we would be owning part of it as well. What is Fractional Ownership. This is your homeport for a one-of-a-kind way to vacation with exclusive enviable owner benefits and a lifetime of Margaritaville experiences. Use of additional Club Facilities requires purchase of a separate membership upgrade. Theres South Beach, of course, and the incredible energy of places like Little Havana. It may be similar, but your bi-laws of incorporation will dictate who has what interest, and all the what happens if's. It may not display this or other websites correctly. Visitors from all over the world fall in love with this charming part of the gulf coast, and many return year after year making it the perfect place to explore timeshare options. It offers much in the way of calm and might be the ideal spot for a month or two of pure relaxation. Share H for sale. When you furnish it, I would recommend having an interior decorator select everything with no input from you owners. The pros of fractional ownership Lower barrier to entry. Price? Encompassing six buildings with 380 units, this contemporary property includes amazing, Experience Jimmy Johnsons Fishermans Cove. Homes in WaterColor partake of the relaxing resort atmosphere that makes vacationing in the Scenic Highway 30A area most enjoyable. Incredible food is served at local restaurants; theres great shopping, and, of course, the golden sands and crystal clear waters are perfect for relaxing on the beach. Memberships into the LLC are being offered at $309,500 for four weeks of use per year (1/2 share) or $619,000 for eight weeks of use per year (Full share).