UPDATE AT 3:16 pm from FAA: “A Learjet 60 crashed in a residential area near Cresthaven, Florida, around 12:50 p.m. local time on Sunday, Nov. 1. Nine people were on board. The aircraft departed Austin-Bergstrom International Airport in Texas and was headed to North Eleuthera Airport in the Bahamas. The FAA and National Transportation Safety Board will investigate. The NTSB will be in charge of the investigation and will provide all updates.”

Videos From the Reddit thread:

https://www.reddit.com/r/aviation/comments/1xlagy3/f16_crash_near_me/

UPDATE 3: Super close angle, looks insane
https://www.instagram.com/reel/DfNg0bFgwAw

UPDATE: Found a video that confirms some peoples theory that it was Lear 60, N722BD
https://streamable.com/4wg8zu

UPDATE 2: High quality video

https://www.instagram.com/reel/DfNekoeguTB/

Other angles:

https://www.instagram.com/reel/DfNbf3JAtUo/

https://www.instagram.com/reel/DfNbL1uhajg/