9700 SW Conners Highway, Okeechobee FL 34974
$500,000
Est. Payment $2,661/mo
1963
Year Built
1
Stories
17
Days on Market
Description
So many opportunities with this unique, history-filled property. Formerly the locally renowned Cypress Lodge, established in 1963, the property is now a non-functioning 8-room motel with a 7,300 sq ft restaurant on a 1.293 ac lot zoned for MIxed Use. Metal Roof and CBS construction, and oversized parking lot, both the motel and restaurant need a complete renovation. There is an adjacent residential property consisting .756 ac that is platted for 4 lots and was formerly part of the motel/restaurant lot that is also for sale. This lot is directly in front of the Lake Okeechobee's Rim Canal and sits directly across from the S-135 Channel Lock that is open to the public and managed by the South Florida Water Management District. See Supplement for more remarks. This property is next door the to the J & S Fish Camp, which draws freshwater anglers from around the world. The finger canal in the back of the property leads directly to the rim canal. Property is prime candidate for a Buyer looking to restore the old landmark restaurant/motel or do a tear-down to redevelop the property, which fronts a light traffic highway.
Facts
- MLS#
- B26031805
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Commercial
- Year Built
- 1963
- Lot Size
- 56,323 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 17 days
- Listed
- May 22, 2026
- Last Updated
- May 22, 2026
- Price/Lot Sq.Ft.
- $9/ft²
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Market insights for Okeechobee
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
31
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/22/2026 | Listed for sale | $500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
The Cushman SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.1 mi
Morningside K-8 AcademyPK,KG,1,2,3,4,5,6,7,8 · public · 0.4 mi
Toussaint L'Ouverture ElementaryPK,KG,1,2,3,4,5 · public · 0.7 mi
Archbishop Curley Notre Dame High School6,7,8,9,10,11,12 · private · 0.8 mi
Tangerine Learning Center LLCPK,KG,1,2,5 · private · 1.0 mi
Itech@Thomas A Edison Educational Center9,10,11,12 · public · 1.0 mi
World Mission Of Jesus Christ ChristianKG,1,2,3,4,5,6,7,8 · private · 1.1 mi
Yvonne Learning CenterPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
Shadowlawn Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.2 mi
Miami Edison Senior High School9,10,11,12 · public · 1.3 mi
Estimated Monthly Payment
$3,228/mo
Principal & Interest
$2,661
Property Tax
$417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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