--- title: First home closing verified in Lakefront’s recorded-deed archive description: An October 2 deed confirms the transfer of 1464 Alfasi Drive. A companion release removes the lot from specified project mortgages; separate interest-free seller financing remains documented. url: https://lakefrontokeechobee.com/news/first-recorded-home-closing/ author: Lakefront Okeechobee Report published: 2026-10-14 updated: 2026-11-01 records_verified_through: 2026-10-28 source_ids: - glades-202622003281 - glades-202622003286 - glades-202622003291 - glades-202622003296 - glades-202622003180 - glades-202622003184 - glades-202622003185 - glades-202622003190 - glades-202622003140 - glades-202622003076 - glades-202622002983 - glades-202622002984 - glades-202622002985 - glades-202622002986 - building-permit-2600347 - glades-co-2600347 - glades-co-review-2026-11-01 --- # First home closing verified in Lakefront’s recorded-deed archive Glades County records checked through 2026-10-28. Individual sources retain their own dates. **Lakefront’s closing ledger now contains one verified individual home deed.** A special warranty deed from **Okeechobee Community Developers LLC**, dated **September 25, 2026** and recorded **October 2**, conveys **Lot 2, Block 6, Lakefront Estates Phase 1**, matched to **1464 Alfasi Drive** through county permit attachment titles. The deed, related seller-financing mortgage, developer LLC affidavit and a lot-specific project-mortgage release were added to the reviewed records on October 14. This is the **first home closing verified in our reviewed records**. It does not establish that no earlier closing occurred elsewhere in the development. [Deed, PDF pages 1–2](/records/202622002983/). ## The property and the dates | Detail | What the source establishes | | --- | --- | | Street address | **1464 Alfasi Drive** — matched through county permit 2600347 attachment titles; the deed itself gives the legal description | | Recorded property | Lot 2, Block 6, Lakefront Estates Phase 1; Plat Book 4, page 153 | | Parcel-map match | S34-38-34-001-0006-0020 | | Permit cross-reference | Permit 2600347; its attachment titles connect Block 6, Lot 2 to developer lot 420 and 1464 Alfasi Drive | | Home description in permit | Emerald Home | | Deed date | September 25, 2026 | | Recording | October 2, 2026 at 1:18 p.m. | | Deed instrument | 202622002983; book 431, pages 899–900; two PDF pages | | Project-mortgage release | 202622002986; recorded October 2 at 1:18 p.m.; book 431, pages 914–917 | | County-index consideration | $625,000 | | Deed’s own consideration recital | $10 and other good and valuable consideration | | Deed documentary stamps | $4,375 | The address and developer-lot cross-reference come from the [county permit’s attachment titles](/building-permits/2600347/), rather than an address stated in the deed’s legal description. [Explore the parcel](/parcel-map/?parcel=S34-38-34-001-0006-0020) · [Open the closing ledger](/closings/#deed-202622002983). The **$625,000 figure is the county index’s consideration field**. The deed does not expressly state that full purchase price. No settlement statement is included, so the records do not establish the cash paid at closing, seller’s net proceeds, deposits or credits. The nominal $10 recital should not be read as a $10 home sale. [Deed, PDF page 1, and supplied county index](/records/202622002983/). ## What the deed conveys The deed conveys the property in fee simple with its associated rights and appurtenances. It remains subject to 2026 and later taxes and assessments, including CDD charges; recorded restrictions and easements; and the Lakefront Estates declaration and related governing documents and amendments. Its warranty is limited to lawful claims through or under the grantor, subject to the stated exceptions. It is not a promise against claims from every previous source of title. [Deed, PDF page 1](/records/202622002983/). The separate [HOA declarations guide](/news/hoa-declarations-guide/) explains the community documents without repeating them here. ## The lot’s release from project mortgages **The second October 14 batch supplies the release that was missing from our initial review.** In [instrument 202622002986](/records/202622002986/), **EB-5 United Okeechobee LLC** releases **Lot 2, Block 6** from the specified project mortgages and related assignments of leases and rents. Exhibit A gives the same legal description as the deed. The release was executed September 16 and recorded October 2 at 1:18 p.m. [PDF pages 1–4](/records/202622002986/). It identifies the amended construction mortgage at **book 422, page 247**, the assignment of leases and rents at **401/142**, and the former Construction Loan Services II mortgage at **406/477**, assigned to EB-5 United at **422/236**, with associated assessment acknowledgments. Its express reservation preserves the listed instruments’ liens and the holder’s remedies on the **remaining property**. [PDF pages 1–2](/records/202622002986/). This establishes a release of this lot from those instruments. It does **not** discharge the separate $185,000 seller-financing mortgage below, establish that the entire project loan was repaid, resolve the contractors’ lien claims or provide a complete title opinion. The nominal **$10** recital does not disclose the actual release payment or how the purchase was funded. ## Short-term, interest-free seller financing **The recorded financing is a short-term, interest-free loan from the seller, secured by a purchase-money mortgage.** The developer finances part of the purchase price through a note described as bearing no interest and payable in 15 monthly installments. Here, “mortgage” identifies the lien securing that debt; it does not describe a conventional long-term bank loan. [Mortgage, recitals B–D, PDF page 1](/records/202622002984/). The accompanying **Mortgage and Security Agreement**, instrument **202622002984**, is dated September 25 and recorded October 2 at 1:18 p.m. It names the developer as mortgagee and occupies book 431, pages 901–905. | Recorded term | What the mortgage says | | --- | --- | | Original principal | $185,000 | | Interest | The referenced note bears no interest | | Installments | 15 monthly installments | | Conditional discounted payoff | Timely payment of $150,000 under section 2 of the note satisfies the indebtedness | | Collateral | The land, present and future buildings and improvements, fixtures, appurtenant rights and proceeds | | Recording taxes | $647.50 mortgage documentary stamps and $370 intangible tax | These are the **original contract terms**, not a current balance or evidence of missed payments. The conditional payoff is $35,000 below the stated original principal, but the records do not show that the discount was earned. [Mortgage, PDF pages 1 and 5](/records/202622002984/). **The promissory note is not included in the five-page recorded mortgage.** The exact installment amounts, due dates, maturity date and discount deadline therefore remain unverified. Dividing either figure by 15 would not establish the contractual monthly payment. ## Construction obligations and other mortgage clauses The mortgage anticipates possible construction obligations continuing after closing under a separate, amended purchase agreement. It calls for coordinated insurance where the seller remains responsible for such work; preserves construction access; and makes the seller responsible for discharging construction liens arising from its contractors’ work. These provisions do not identify what work remained, establish a breach or supply an occupancy certificate. [Mortgage §§3–5, PDF page 2](/records/202622002984/). The remaining provisions include: - **Lien priority and transfers:** Intended first-priority purchase-money status, subject to approved title exceptions and legal priorities. Equal or senior voluntary liens need written consent. Transfers and further encumbrances generally require consent, with exceptions; consent cannot be unreasonably withheld for a transfer that simultaneously pays all secured obligations. This language does not independently verify actual lien priority. (§§2, 5; page 2.) - **Taxes, insurance and maintenance:** Taxes and assessments must be paid before delinquency, suitable insurance maintained and the property reasonably preserved. Inspections require reasonable notice and times. The mortgagee’s inspection does not create an obligation to finish the home. (§§3–4; page 2.) - **Protective advances:** Reasonable, documented advances for unpaid required charges threatening the security can become additional secured obligations, reimbursable on demand without interest. (§6; page 2.) - **Default and cure:** The document addresses uncured note defaults, material mortgage breaches and prohibited transfers. Mortgage covenant breaches have a 30-day written-notice cure period, with additional time for a cure started promptly and pursued diligently. A continuing default can lead to acceleration by written notice and judicial foreclosure or other available remedies. This describes contractual remedies, not an allegation of default. (§7; pages 2–3.) - **Damage or condemnation:** Proceeds may go toward restoration or repayment, subject to applicable law and other lawful interests. The mortgagee must consider surviving seller construction obligations. (§8; page 3.) - **Enforcement, notices and discharge:** The text covers reasonable actual enforcement costs, written notice with receipt or documented refusal, Florida governing law, successors, severability and survival after closing. After full payment—including a qualifying discounted payoff—the mortgagee must record a satisfaction within the legally required period. (§§9–12; pages 3–4.) [Read the mortgage’s page-by-page summary](/records/202622002984/). ## People and firms identified in the documents | Person or organization | Recorded role and source | | --- | --- | | Okeechobee Community Developers LLC | Deed grantor and purchase-money mortgagee; deed and mortgage, page 1 | | JAM Equities LLC / Jeff Akerman | JAM is identified as the developer’s manager; Akerman signs the deed as JAM’s managing member; deed, page 2 | | Jeremy Zisholtz, Esq. | Identified as preparer of the deed and LLC affidavit; each document, page 1 | | Ben Solomon, Esq. | Identified as preparer of the mortgage; mortgage, page 1 | | Solomon Cooperman Recondo Shapiro Abril & Wolfe, LLP | Firm named in the preparer blocks and as an intended recipient of title-insurance assurances; deed, mortgage and affidavit, page 1 | | Lucyana Claire Randall | Notary identified in the deed acknowledgment; deed, page 2 | | Ruth Akerman | Notary identified in the mortgage acknowledgment; mortgage, page 4 | | Nikita Forde | Notary identified in the LLC affidavit acknowledgment; affidavit, page 2 | | Tami P. Simmons | Clerk of Courts named in all four county recording stamps | | Old Republic National Title Insurance Company | Named in the affidavit’s statement supporting intended title-insurance issuance; affidavit, page 1 | | EB-5 United Okeechobee LLC / Tiffany Winkles | Releasing mortgagee and its authorized signatory; partial release, pages 1 and 3 | | Saul Ewing LLP / Ronald Fieldstone, Esq. | Named in the release’s preparer and return block; partial release, page 1 | | Heather Ann Drewrey | Notary identified in the release acknowledgment; partial release, page 3 | **No sales broker, buyer’s agent, listing agent or commission is identified in these four instruments.** The preparer blocks do not establish whom an attorney represented, who handled settlement or who earned a commission. The affidavit does not establish that a particular title policy was ultimately issued. Homeowner identities, personal mailing addresses, witness contact details and signatures are omitted. The [eight-page LLC affidavit](/records/202622002985/) also includes a September 25 company-status certificate and earlier amendment pages describing JAM Equities’ management role. Those older exhibits do not establish a new October ownership change or new equity percentages. ## What remains separate **November 1 CO correction:** A [certificate dated October 16 for permit 2600347](/occupancy/#permit-2600347) now documents occupancy approval for **1464 Alfasi Drive, Block 6, Lot 2**. The previously reported October 8 certificate concerns a different home, 1964 Rashi Drive. The new certificate adds approval evidence for the same already recorded buyer transaction; it does not add a closing or establish a move-in date. A **settlement statement, purchase agreement and promissory note** remain absent. [Correction record](/corrections/#closing-home-co-2026-11-01). The reported fresh Official Records check on November 1 timed out. No additional homebuyer closing was confirmed, and newer recordings remain unverified. **Current coverage:** The [county register](/records/#coverage) gives the current records coverage date and search scope. The [register](/records/) contains **283 instruments: 282 available PDFs with 1,266 pages, plus one unavailable index-only judgment**; the [closing ledger](/closings/) still counts **one verified individual home deed**. Four October 29 deeds convey **33 other lots to companies**, expressly stating that no monetary consideration was exchanged. Those bulk transfers are recorded separately from individual home closings and do not change this transaction’s financing terms or establish its current loan balance. [Read the bulk-transfer report](/news/october-lot-transfers/) · [Review the eleven construction-lien claims](/news/boys-school-construction-lien/). ## Sources - 8-lot deed to OCD RENT OP 1 LLC — instrument 202622003281 (2026-10-29; public-record). Instrument 202622003281; Official Records book/page 432/699; 3 PDF pages https://www.myfloridacounty.com/orisearch/22 - 8-lot deed to OCD RENT OP 2 LLC — instrument 202622003286 (2026-10-29; public-record). Instrument 202622003286; Official Records book/page 432/746; 3 PDF pages https://www.myfloridacounty.com/orisearch/22 - 9-lot deed to OCD RENT OP 3 LLC — instrument 202622003291 (2026-10-29; public-record). Instrument 202622003291; Official Records book/page 432/794; 3 PDF pages https://www.myfloridacounty.com/orisearch/22 - 8-lot deed to OCD RENT OP 4 LLC — instrument 202622003296 (2026-10-29; public-record). Instrument 202622003296; Official Records book/page 432/842; 3 PDF pages https://www.myfloridacounty.com/orisearch/22 - Beacon / QXO lien claim — Block 6, Lot 10 — instrument 202622003180 (2026-10-20; public-record). Instrument 202622003180; Official Records book/page 432/443; 1 PDF pages https://www.myfloridacounty.com/orisearch/22 - Preferred Materials lien claim — Block 5, Lots 7 and 6, Duplex (483–484) — instrument 202622003184 (2026-10-20; public-record). Instrument 202622003184; Official Records book/page 432/463; 1 PDF pages https://www.myfloridacounty.com/orisearch/22 - Preferred Materials lien claim — Block 8, Lot 5, Emerald — instrument 202622003185 (2026-10-20; public-record). Instrument 202622003185; Official Records book/page 432/464; 1 PDF pages https://www.myfloridacounty.com/orisearch/22 - Beacon / QXO lien claim — Block 6, Lot 36 — instrument 202622003190 (2026-10-21; public-record). Instrument 202622003190; Official Records book/page 432/491; 1 PDF pages https://www.myfloridacounty.com/orisearch/22 - Canam Steel claim of lien — joist and deck materials — instrument 202622003140 (2026-10-16; public-record). Instrument 202622003140; Official Records book/page 432/326; 4 PDF pages https://www.myfloridacounty.com/orisearch/22 - Duplex notice — Block 1, Lot 20 (reference 494) — instrument 202622003076 (2026-10-07; public-record). Instrument 202622003076; Official Records book/page 432/138; 1 PDF pages https://www.myfloridacounty.com/orisearch/22 - Special warranty deed — Block 6, Lot 2 — instrument 202622002983 (2026-10-02; public-record). Instrument 202622002983; Official Records book/page 431/899; 2 PDF pages https://www.myfloridacounty.com/orisearch/22 - Mortgage and security agreement — Block 6, Lot 2 — instrument 202622002984 (2026-10-02; public-record). Instrument 202622002984; Official Records book/page 431/901; 5 PDF pages https://www.myfloridacounty.com/orisearch/22 - Developer LLC affidavit — Block 6, Lot 2 — instrument 202622002985 (2026-10-02; public-record). Instrument 202622002985; Official Records book/page 431/906; 8 PDF pages https://www.myfloridacounty.com/orisearch/22 - EB-5 partial mortgage release — Block 6, Lot 2 — instrument 202622002986 (2026-10-02; public-record). Instrument 202622002986; Official Records book/page 431/914; 4 PDF pages https://www.myfloridacounty.com/orisearch/22 - Glades County building permit 2600347 (2026-10-08; public-record). Permit Information; Contractors; Inspections; Fees; Uploaded Files https://gladescounty.portal.iworq.net/GLADESCOUNTY/permit/600/28811443 - Glades County Certificate of Occupancy — 1464 Alfasi Dr, permit 2600347 (2026-10-16; public-record). PDF page 1; certificate date, permit, building location and unit count https://upload.iworq.net/GLADESCOUNTY/600/34828579-CO%202600347.pdf - Glades County November 1 occupancy-certificate review: 303 permits screened (2026-11-01; public-record). 21 search result pages; 303 detail captures; 82 original certificate PDFs https://gladescounty.portal.iworq.net/GLADESCOUNTY/permits/600 Independent, unofficial reporting. https://lakefrontokeechobee.com/about/