Commercial Sale · Commercial
9700 SW Conners Highway, Okeechobee FL 34974, OKEECHOBEE, FL, 34974
Active74 days on marketListed May 22, 2026MLS #B26031805
About this property
The property at a glance
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.
3,829
Building sq ft
$131
Price / sq ft
1.293
Lot acres
1963
Year built
8
Units
2
Buildings
1200
Zoning
Commercial
Property type
The numbers
Investment snapshot
$62,500
Price / unit
8
Units
Estimated payment (illustrative)
Estimated payment
$2,745/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
23,994
Population
$50,671
Median income
48.1
Median age
2.26
Avg household
$162,900
Median home value
$958/mo
Median rent
2,418
Households w/ kids
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 9700 SW Conners Highway — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 9700 SW Conners Highway.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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