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8-Room Motel with On-Site Restaurant
For Sale
$500,000

9700 SW Conners Highway, Okeechobee, FL

Commercial Sale, Okeechobee, FL

Property Size3,829 SF
Lot Size1.29 Acres
Price / SF$130.58
Days on Market93

Property Features for 9700 SW Conners Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning 1200
Parking 20
Parking features Boat
Directions US 98 North to past State Road 76, building on yor left near SW Allen St
Subdivision 6100 - Palm City West/Indiantown
Standard status Active
APN 173937002000001314
Size 3,829 SF
Lot size 1.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MAYACA MANOR UNREC UNNUMBERED TR ELY OF LOTS 13 & 14 OR 342/2059
Tax Annual Amount 4042
Legal Description MAYACA MANOR UNREC UNNUMBERED TR ELY OF LOTS 13 & 14 OR 342/2059

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Well

Building Details

Year built 1963
Floors in Building 1
Number of units 8
Flooring type Concrete, Terrazzo
Building materials CBS, Wood Siding
Roof type Metal
Listing Agency: KW Innovations · Keller Williams Realty
Listed By: James C Di Paola · License #3237747
Added: May 22 Changed: Aug 19 Last Checked: Aug 22 at 3:06PM
MLS# B26031805

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Formerly the Cypress Lodge (established in 1963), this non-functioning 8-room motel includes a 7,300 SF restaurant. The property is built with CBS construction and a metal roof, with terrazzo and concrete flooring, and electric (heating) plus central heating and cooling. Both the motel and restaurant require a complete renovation. The site also includes an oversized parking lot and provides water via a well with septic tank service.

The property sits on a 1.293 ac lot zoned for Mixed Use and fronts a light traffic highway. An adjacent residential property of .756 ac is platted for 4 lots and was formerly part of the motel/restaurant lot. The property is directly in front of the Lake Okeechobee Rim Canal, across from the S-135 Channel Lock open to the public and managed by the South Florida Water Management District, with a finger canal in the back leading directly to the rim canal.

Parking includes boat parking, supporting guest and event use scenarios at the property.

Key Highlights

  • Non‑functioning 8‑room motel formerly known as Cypress Lodge (established in 1963)
  • 7,300 SF restaurant on‑site requires complete renovation
  • 1.293 ac Mixed Use zoned property fronts a light traffic highway

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Pet Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bravo Mobile Home Park 9518-9552, FL-700, Okeechobee, FL 34974

Frequently Asked Questions

What type of property is this?
Motel - Mixed-use zoned 8-room motel with on-site restaurant; metal roof and CBS construction require complete renovation.
Where is this motel located?
The property is located at 9700 SW Conners Highway Okeechobee, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Non‑functioning 8‑room motel formerly known as Cypress Lodge (established in 1963); 7,300 SF restaurant on‑site requires complete renovation; 1.293 ac Mixed Use zoned property fronts a light traffic highway
More about this property
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