How About Investing In Your Own Private Island?

Have you ever wanted to own your own island? With a house on it? In the United States? Well now you have your opportunity.

According to the Wall Street Journal, a private Palm Beach island is for sale for only $120 million.

The name of the island is Tarpon Island and the property size is over two acres.

However, the current owner, Todd Glaser, is a real estate developer who just bought the property in July for only $85 million, so he would be making a 41% profit in two months. Talk about real estate inflation!

The owner is giving another option to the new owner. At a price of $200 million, he would provide renovations and additions, subject to changes in construction costs.

The current house is 9,690 square feet, and has five bedrooms and nine bathrooms.