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Welcome!
Forest Lake Estates Co-Operative was
formed in May of 1999 as a Florida not-for-profit corporation.
The purpose was to purchase this community
and develop it on the basis that any and all profits would
be returned to the community in form of improved facilities,
improved services and, wherever possible, maintain or reduce
costs.
This has been mandated by law to benefit
all who reside here. To sustain the inherent tax advantages
of this type of corporation, this community must be operated
on a strictly fiscal basis, verified and monitored by the
IRS.
We believe that we have created a
unique opportunity for those who wish to settle here and enjoy
this style of retirement life.
Please feel welcome to thoroughly
investigate this community and what it offers, which also
includes the right of the homeowners to purchase shares at
any time.
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