<ARTICLE> 5 <CIK> 0001018752 <NAME> WHISPERING PALMS COUNTRY CLUB JOINT VENTURE <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 7,745 <SECURITIES> 0 <RECEIVABLES> 1,034,087 <ALLOWANCES> 159,916 <INVENTORY> 362,862 <CURRENT-ASSETS> 789,905 <PP&E> 28,518,231 <DEPRECIATION> 3,477,499 <TOTAL-ASSETS> 26,328,594 <CURRENT-LIABILITIES> 561,343 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 13,597,430 <TOTAL-LIABILITY-AND-EQUITY> 26,328,594 <SALES> 1,057,396 <TOTAL-REVENUES> 3,817,045 <CGS> 445,344 <TOTAL-COSTS> 3,401,766 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 5,650 <INTEREST-EXPENSE> 13,159 <INCOME-PRETAX> 402,120 <INCOME-TAX> 0 <INCOME-CONTINUING> 402,120 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 402,120 <EPS-PRIMARY> 0 <EPS-DILUTED> 0