13721 Country Clb DrAstatula, FL 32778

Property Details for 13721 Country Clb Dr

Year built

1965

Construction

CONCRETE BLOCKS

Lot size

0.78 AC

Property size (Sq ft)

2,470 SF

Property type

Retail properties

Property subtype

Bars

APN

20-20-26-2200-001-00100

APU

202026220000100100

Description

This exceptional waterfront property, located at 13721 Country Club Drive in Tavares, Florida, presents a unique investment opportunity. The established bar and restaurant enjoys a prime location on Little Lake Harris, offering convenient access for boaters from various locations, including Winter Park. The property boasts ample on-site parking, catering to a diverse clientele. A key advantage is its location on the Tavares town line, eliminating potential complications with city ordinances and maximizing business potential. The existing infrastructure includes boat slips, providing direct access to the lake for patrons and facilitating convenient water transportation. This turnkey business is priced to sell, making it an attractive proposition for cash buyers seeking a profitable venture in a desirable lakeside setting. The property's strategic location and existing infrastructure combine to create a strong foundation for continued success and growth. The absence of restrictive city ordinances offers significant flexibility for future business development and expansion. This is a rare chance to acquire a well-established waterfront business with immediate income potential and significant upside. Serious inquiries are encouraged. The property is offered at $429,000.

• CAP approach

  CAP return

  Valuation

  6%

  $755,623

  6.5%

  $697,498

  7%

  $647,677

• Comparable approach

  Method

  Valuation

  Relative Method

  $977,418

  Geo Method

  $977,418

• Alternative Use

  Use

  Valuation

  Residential

  $588,366

  Hospitality

  $538,940

  Educational

  $448,392

  Medical

  $463,812

  Retail

  $697,498

Location Insight

City

Tavares

County

Lake

State

Florida

Latitude

28.7339

Longitude

-81.7289

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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