An independent perspective
The people, the plans, and the public record behind Lakefront Estates & Villas.
Glades County, Florida Updated Oct 7, 2026
The land
Lakefront Estates in unincorporated Glades County, along State Road 78 and north of Tomato Grade Road. A satellite photograph, not a surveyed plat.
Source record
Approximate development size is 525 to 526 gross acres, depending on document rounding.
Source record
Planned residential buildout is approximately 1,300 residential units.
Source record
The collective EB-5 loan from EB-5 United Okeechobee LLC and EB-5 United Okeechobee II LLC was reported as approximately $92 million outstanding.
Source record
Series 2025 Special Assessment Bonds for Assessment Area One were issued in the aggregate principal amount of $8.99 million.
A few starting points. Each figure keeps its meaning, date, and source.
01 The people & companies
A development brings together owners, managers, architects, and builders. The public record helps make those relationships clearer.
Explore the ownership recordOkeechobee Community Developers LLC
JAM Equities is the sole manager.
Company interests are not personal ownership percentages.
Source record
Direct company membership as of Dec 11, 2025. JAM Equities LLC: 50%; Okeechobee LH LLC: 21.25%; Okeechobee Member LLC: 18.75%; Okeechobee SPV Holdings I LLC: 10%. Company interests do not establish personal ownership percentages.
JAM Equities LLC / RISE Architecture
JAM Equities LLC
Lightstone Holdings LLC
Lightstone Holdings LLC
Accurate
Development & construction
02 The financing
Equity, loans, deposits, and public infrastructure bonds tell different parts of the story. Start with the figures the documents actually report.
Explore the financingSource record
The collective EB-5 loan from EB-5 United Okeechobee LLC and EB-5 United Okeechobee II LLC was reported as approximately $92 million outstanding. Outstanding principal on this date is not Form D amount sold and is not final investor subscriptions.
Source record
The recorded EB-5 mortgage states a maximum principal of $200 million. Maximum principal is a contractual ceiling. It is not an amount disbursed.
Source record
Series 2025 Special Assessment Bonds for Assessment Area One were issued in the aggregate principal amount of $8.99 million.
Outstanding, maximum, and issued are different measures. These figures should not be added together.
03 The evolving story
No individual home deed closing is confirmed as of October 7, 2026. The county index was verified only through September 24, 2026, so this is not a finding that no closing occurred.
Source record
No individual home deed closing is confirmed as of October 7, 2026. The county index was verified only through September 24, 2026, so this is not a finding that no closing occurred.
The fiscal year 2026-27 budget is the current budget-year reference. Several Rashi Drive listings were under contract, or showed a conflicting pending status, around October 1, 2026. Those rows are listings, not closings.
Source record
The fiscal year 2026-27 budget is the current budget-year reference. Several Rashi Drive listings were under contract, or showed a conflicting pending status, around October 1, 2026. Those rows are listings, not closings.
Budget year beginning October 1, 2026.
Listing prices and contract status supplement recorded deeds. Photographs and listing descriptions are not republished.
Lakefront Estates Neighborhood Association, Inc. incorporated as a Florida nonprofit, document number N26000013287, with the same three officer names as the September 16 community-association amendment.
Source record
Lakefront Estates Neighborhood Association, Inc. incorporated as a Florida nonprofit, document number N26000013287, with the same three officer names as the September 16 community-association amendment.
The planned residential mix
Planned unit counts, as of Dec 11, 2025. Bar lengths compare homes by product; they do not indicate completion.
Single-family starting rangeApprox. $460,000–$1.2 million
Across Ranch, Emerald, Luxor, and Majestic; individual model prices are not specified. Prices and rent are expectations as of , not current quotes.
Source record
Emerald: 404 planned units; Townhome: 272 planned units; Luxor: 213 planned units; Duplex: 162 planned units; Ranch: 144 planned units; Majestic: 105 planned units. Planned units are not completed or sold homes. The December 2025 offering document expected starting single-family sale prices to range from approximately $460,000 to $1.2 million. This range covers the single-family products collectively. It does not establish an individual starting price for Ranch, Emerald, Luxor, or Majestic. These are historical expectations, not current quotes. The December 2025 offering document expected townhome starting rents of approximately $3,500 per month. Historical expected starting monthly rent, not a purchase price or a current rental quote. The December 2025 offering document expected paired duplex starting sale prices of approximately $535,000. Historical expected starting sale price, not a current listing price or recorded closing price.
04 The development
From the residential mix to infrastructure and community facilities, explore what was planned—and what the dated records establish about progress.
See the development plans3 reviewed listings are under contract. Listings are separate from recorded deeds. The county index was checked through Sep 24, 2026; newer closings may not yet appear.
Follow the property recordsAn open record. An ongoing story.
Read the documents. Explore what is known.
See which questions remain open.