Lakefront Okeechobee ReportIndependent news, records & history of Lakefront Estates & Villas

Independent + Unofficial

Independent reporting. Not affiliated with the developer or any project participant. About this site

Unofficial independent website. Not affiliated with Lakefront Estates & Villas, Okeechobee Community Developers LLC, its developers, lenders, brokers, associations, or any related entity. Information is compiled from public records, company disclosures, official documents, news reports, and other cited sources. Errors and later changes are possible.

News & updates · Methodology

Source library

The documents behind the record

Browse the dated documents, inspect the claims they support, and follow links to the original publishers. Local research PDFs are not republished here.

Last researched Sources through Oct 7, 2026 Recorded-index check through Sep 24, 2026
Budget

Fiscal year 2026-27 CDD budget

Lakefront Estates Community Development District

Budget-year figures for assessments, interest income, and the bond-payment provision.

Key facts

  • $849,261 total budgeted revenue
  • $8.99 million remains the issued series, not this revenue total
CDD document Sources (1) ↗

Source record

Evidence behind the record

Supports

Budget-year figures for assessments, interest income, and the bond-payment provision.

  1. Lakefront Estates CDD fiscal year 2026-27 budget

    Document date
    Oct 1, 2026
    Source type
    Official offering document
    Confidence
    Primary source

    Budget year beginning October 1, 2026.

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (5)

Primary record · Original documents remain with their publisher.

Recorded mortgage

Second amended and restated construction mortgage

Parties to instrument 202622000044

Recorded January 6, 2026, Book 422, Page 247. Use the county record rather than a hosted copy.

Key facts

  • $58,175,000 EB-5 note principal identified
  • $19,461,366.93 construction balance identified
  • $200 million new maximum principal
  • Up to $400 million future-advance ceiling
Public record Sources (1) ↗

Source record

Evidence behind the record

Supports

Recorded January 6, 2026, Book 422, Page 247. Use the county record rather than a hosted copy.

  1. Second Amended and Restated Construction Mortgage, recorded January 6, 2026

    Document date
    Dec 31, 2025
    Source type
    Public record
    Confidence
    Primary source
    Location
    Instrument 202622000044, Official Records Book 422, Page 247

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (8)

Primary record · Original documents remain with their publisher.

Offering document

Lakefront Estates CDD limited offering memorandum

Lakefront Estates Community Development District

Principal source for ownership, project status, financing, spending, product mix, and the Series 2025 bonds.

Key facts

  • Direct membership split totals 100%
  • About $92 million EB-5 outstanding as of November 26, 2025
  • $200 million maximum principal
  • $8.99 million Series 2025 bonds
CDD document Sources (1) ↗

Source record

Evidence behind the record

Supports

Principal source for ownership, project status, financing, spending, product mix, and the Series 2025 bonds.

  1. Lakefront Estates CDD Limited Offering Memorandum / Official Statement

    Document date
    Dec 11, 2025
    Source type
    Official offering document
    Confidence
    Primary source
Claims from this document (31)

Primary record · Original documents remain with their publisher.

Grant application

Florida Job Growth Grant proposal

Filing attributed to Okeechobee Utility Authority

Previously found to claim more than $800 million in combined financing. Not treated as cash invested. Also a source for the development-and-construction title used for Yidel Perlstein.

Key facts

  • Combined-financing claim requires the exact sentence
Public record Sources (1) ↗

Source record

Evidence behind the record

Supports

Previously found to claim more than $800 million in combined financing. Not treated as cash invested. Also a source for the development-and-construction title used for Yidel Perlstein.

  1. Florida Job Growth Grant proposal attributed to Okeechobee Utility Authority

    Document date
    Dec 10, 2025
    Source type
    Public record
    Confidence
    Primary source

    A combined-financing claim in this filing is not treated as cash already invested.

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (1)

Primary record · Original documents remain with their publisher.

SEC filing

Form D, EB5 United Okeechobee II LLC

EB5 United Okeechobee II LLC

Historical amount-sold snapshot. Not a final raise.

Key facts

  • $100 million offering size
  • $4,650,100 amount sold
SEC filing Sources (1) ↗

Source record

Evidence behind the record

Supports

Historical amount-sold snapshot. Not a final raise.

  1. SEC Form D, EB5 United Okeechobee II LLC

    Document date
    Aug 26, 2025
    Source type
    SEC filing
    Confidence
    Primary source

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (3)

Primary record · Original documents remain with their publisher.

Meeting packet

April 9, 2025 CDD meeting book

Lakefront Estates Community Development District

Packet that publicly showed the developer membership split.

Key facts

  • Membership table
CDD document Sources (1) ↗

Source record

Evidence behind the record

Supports

Packet that publicly showed the developer membership split.

  1. Lakefront Estates CDD April 9, 2025 regular meeting book

    Document date
    Apr 9, 2025
    Source type
    Official offering document
    Confidence
    Primary source

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (1)

Primary record · Original documents remain with their publisher.

Audit

CDD audit for the year ended September 30, 2024

Lakefront Estates Community Development District

Includes the dated statement that board members at that time were affiliated with Okeechobee Member LLC.

CDD document Sources (1) ↗

Source record

Evidence behind the record

Supports

Includes the dated statement that board members at that time were affiliated with Okeechobee Member LLC.

  1. Lakefront Estates CDD audit for the year ended September 30, 2024

    Document date
    Sep 30, 2024
    Source type
    Official offering document
    Confidence
    Primary source

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (1)

Primary record · Original documents remain with their publisher.

SEC filing

Form D, EB5 United Okeechobee LLC

EB5 United Okeechobee LLC

Historical amount-sold snapshot. Not a final raise.

Key facts

  • $100 million offering size
  • $10.45 million amount sold
SEC filing Sources (1) ↗

Source record

Evidence behind the record

Supports

Historical amount-sold snapshot. Not a final raise.

  1. SEC Form D, EB5 United Okeechobee LLC

    Document date
    Oct 24, 2023
    Source type
    SEC filing
    Confidence
    Primary source

    Open original source ↗ Opens a leaving notice in a new tab.

Open original ↗ Opens a leaving notice in a new tab.
Claims from this document (3)

Primary record · Original documents remain with their publisher.

The public record

Search Lakefront

Start with a name, address, or topic.