9700 SW Conners Highway, Okeechobee FL 34974

About This Property

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.

Property Details

Property Type

Commercial

Status

Active

MLS #

B26031805

Building Area

3,829 SF

Lot Size

1.29 acres

Year Built

1963

Zoning

1200

Units

8

Days on Market

17

Price

$500,000