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Presented by
The Ken Banks Team |
1050 W BURLEIGH BOULEVARD, Tavares, FL, 32778 | $460,000
PRICE ADJUSTMENT!! DISCOVER AN INCREDIBLE OPPORTUNITY TO OWN A PRIME PIECE OF WATERFRONT REAL ESTATE ON THE BEAUTIFUL CHAIN OF LAKES! This unique property, formerly home to the iconic Sinbad’s and the ever-popular Pontoon Saloon, offers unmatched potential for redevelopment, revitalization, or the launch of an entirely new business concept. With direct water frontage, high visibility, and steady year-round traffic from both locals and visitors, this location is a rare find for entrepreneurs looking to create something extraordinary.
The existing restaurant and bar structure comes fully equipped with valuable assets, including commercial kitchen equipment, bar appliances, furniture, fixtures, and more giving you a strong head start and reducing your initial investment costs. Whether you envision a waterfront restaurant, an open-air bar, a lakeside grill, a brewery, a live entertainment venue, or a completely new concept, this property is a blank canvas ready for your creative vision.
With convenient water access, this location is perfect for boat-up customers, sunset dining, private events, weekend entertainment, and tourist-friendly experiences. The Chain of Lakes is known for its active boating community, making this a hotspot for established clientele and high traffic during peak seasons. The generous lot size provides additional possibilities such as outdoor seating, expanded dock space, tiki huts, a live music stage, or event hosting areas—whatever suits your business model.
Zoning in the area supports commercial use, opening the door for numerous opportunities including a restaurant, bar, marina shop, rental business, bait and tackle store, café, or multi-use waterfront destination. Whether you're an investor, developer, or visionary business owner, this property offers limitless potential to build a standout attraction and leave a mark on one of Central Florida’s most desirable lakefront corridors.
DON’T MISS THIS CHANCE to bring your dream establishment to life. Waterfront commercial locations like this come once in a lifetime—secure it today and turn your business vision into reality!
Features
- Property Type: Retail
- Construction: Block, Other
- Utilities: Public
- Levels: 1
- Cooling: Central Air
- Lot Size: 100 x 120
- Year Built: 1967
- Approx Sq. Feet: 2,070
- Acreage: 0.28
- Est. Taxes: $6,267
- Water Front: Yes
- MLS#: G5105263
- Days on Market: 133 days
- Website: https://www.raveis.com
/prop/G5105263/1050wburleighboulevard_tavares_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Ken Banks TeamSales Associates
203.767.7157
TheKenBanksTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12303
203.913.1633
Jorge.Rivera@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1050 W BURLEIGH BOULEVARD, Tavares, FL, 32778
$460,000
The Ken Banks Team
Sales Associates
William Raveis Real Estate
Phone: 203.767.7157
TheKenBanksTeam@raveis.com
Jorge L Rivera
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $368,000 | $368,000 | $368,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $522 | $522 | $522 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,118 | $2,356 | $3,056 |
| Total Monthly Payment | $2,715 | $2,953 | $3,653 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388