Officials are looking for a possible downed airplane of the private variety, but here at the Orlando Insider, we know better: Decepticons, baby!
It seems pretty obvious to us: according to witnesses, the fireball was very noticeable. A Decepticon arriving to earth would also be fairly noticeable. Officials are looking for a plane, but have yet to find any wreckage. BECAUSE THERE IS NO WRECKAGE. A Decepticon would have just walked (or swam) away. It's what they do.
The only real question is why Flagler Beach? To which we respond, hey, even Megatron needs some R&R.