9700 SW Conners Highway, Okeechobee FL 34974

For Sale · Active Listing

$500,000

Est. Payment $2,661/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Okeechobee

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

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).

5/22/2026Listed 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

9700 SW Conners Highway, Okeechobee FL 34974Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,228/mo

Principal & Interest

$2,661

Property Tax

$417

Insurance

$150

HOA

$0

20% ($100,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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