A company that has spent $7.5 million building a $2.5 billion estate in Cede Lakes, Florida is seeking a federal loan of $2 million to buy the historic and cultural properties, according to a news release from the company.
The property is owned by Cede Lake Heritage Trust, which purchased the properties in 2015 from the owner of the property, the estate’s owners said in the release.
The owners also said they are looking for a new buyer for the properties.
Ceded Lakes, known for its historic and maritime history, is about 1,600 miles north of Tampa and has an estimated 1,200 active vessels.
The property’s owner said the land is a natural reserve.
The $2,500 loan is for the development of the land, which includes the two buildings on the property.
The land was acquired in 2011 by Ceded Lake Heritage Group, the owner said in a statement.
Cede Lakes Heritage Trust owns and operates several properties in the Miami-Dade and Broward Counties.
It also owns and manages the historic Ceded Gardens in Miami Gardens.