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About This Home

This 0-bedroom, 0-bathroom commercial at 9700 SW Conners Highway in Okeechobee, FL is listed for $500,000 ($131 per sqft). Built in 1963, the home offers 3,829 sqft of living space on a 1.29 acres lot.

Agent 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.

Key Features

  • Built in 1963
  • 1.29 acre lot
  • 20 parking spaces

Property Details

1 story
20 spaces
1963

Amenities

A/CRV Parking

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

9700 SW Conners Highway

Okeechobee, FL

Property Details

Flooring

ConcreteTerrazzo

Construction

CBS Wood Siding

Parking

Boat

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)ElectricCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 9700 SW Conners Highway is listed at $500,000 ($131/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1963, 1.29 acre lot, 20 parking spaces.

This property is listed by James C Di Paola and can be reached at 5615562224 or Jim@FloridaTalkRealEstate.com.

JP

James C Di Paola

Agent at KW Innovations

(561) 556-2224

Listed by KW Innovations

MLS# B26031805· Source: listhub· Updated 10 days ago

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9700 SW Conners Highway, Okeechobee, FL

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