[GRAPHIC OMITTED]
January 9, 2001
Andrew J. Brady
U.S. Securities and
Exchange Commission
Washington, D.C. 20549
RE: Terremark Fortune House #2, Ltd.
Form S-11 Registration Statement
File No. 333-40228
Filed June 27, 2000
Dear Mr. Brady:
Due to a change in the nature of our Company's core business, Terremark
Fortune House #2, Ltd. is not proceeding with the development of the Fortune
House Condominium Hotel and would like to withdraw the above-referenced Form
S-11 Registration Statement filed on June 27, 2000 pursuant to Rule 477 of the
Securities Act of 1933. Should you have any questions or concerns feel free to
contact my office.
/s/ Michael Katz
Michael Katz
President
cc: Nibaldo J. Capote
Adorno & Zeder, P.A.
2601 S. Bayshore Dr.
Miami, Florida 33133
