Here is a letter I got from one of the developers about 10 years ago that shows you some historical developments on this property and more of the vision of the original developers:
"....Believe it or not, there are already two houses under construction at Palm Bay. We are also negotiating with Carribean Depot, a bulldozer and grader company in San Pedro, to keep the beachfront and all the roads in good condition and clean every three months. We have estimated that if each lot owner pays $80.00 per year into the Homeowner Association that is being formed by Palm Bay XXXXXX Ltd. of which myself and my brother XXXXX XXXXXXXXX (names are not given on purpose) are now the managers, this entire subdivision would be kept in good shape.
Some great news regarding our area and the lower portion of Yucatan Peninsula is that Mexico has announced plans to build eighteen eco-tourist resorts between Port Herrera and Xcalak and invest one billion dollars to develop infrastructure, roads, water, power, phone, and cable.
By having a proper Homeowners Association, we keep Palm Bay and all our investments, including yours and ours, in a good viable position. We still have property to develop, including the Marina, which should only increase in value very handsomely over the next few years." (again, this was written about 10 years ago and shows you the vision of the developers and some more history of Palm Bay Club)