Commercial $ 4,999,982

4845 Dixie HWY NE

Palm Bay, FL 32905

  • 6 Baths
  • 5,692 SqFt
  • 0.74 Lot Size
  • 1956 Year Built
Direct Indian River waterfront restaurant and entertainment destination with breathtaking river views, approximately 310 feet of frontage, and an established reputation as a local favorite. The property features approximately 4,135 SF of restaurant space, a private dock, expansive indoor and outdoor dining areas, live entertainment venue, and a 1,557 SF secondary building currently divided into storage space and an apartment/living quarters. Situated on approximately 0.74 acres, the opportunity also benefits from an additional ±0.90 acres of easement area, bringing the potential combined area to approximately 1.64 acres. Operating successfully with positive cash flow and offering significant growth potential, this unique waterfront asset combines established income, prime US1 visibility, entertainment appeal, and long-term investment opportunity in one of the Space Coast's most desirable waterfront locations.
Listed by Engel&Voelkers Melb Beachside

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PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Mixed Use

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5, 692 sqft

    Price per Sqft $878

    MLS Listing ID 1078162

    HOA Y/N No

    Total Fin. Sqft 5692

    Year Built 1956

    Annual Tax Amount $19,108

    Tax Year 2025

    Lot Size 0.740 Acres

    Acres 0.74

    Property Sub-Type Mixed Use

    Source Space Coast MLS (Space Coast Association of REALTORS®)

    Land Area 5692

  • Location

    State FL

    County Brevard

    Area 340 - Ne Palm Bay

    Direction US 1 South of Palm Bay Road on east side.

    Body of Water Indian River

  • Building

    Lot Description Other

    Sewer Septic Tank

    Water Public

  • Interior

    Heating Central

    Cooling Central Building

    Flooring Tile

    Inclusions Furniture, Fixtures and Equipment, Business with Real Estate

  • Exterior

    Exterior Feature ExteriorFeatures

    Parking Features Additional Parking, Other

    Utilities Available Cable Connected, Water Connected

    Waterfront Description Navigable Water,River Front,Seawall,Intracoastal

    Roof Type Metal

    Present Use Commercial

    Road Frontage Highway

    Garage No

  • Others

    Senior Community No

    Tax ID 28-38-30-00-00503.1-0000.00

    Security Features Fire Alarm,Fire Sprinkler System,Security Lights,Smoke Detector(s)

    Acceptable Financing Cash, Conventional, Lease Option, Owner May Carry, Private Financing Available

    Listing Terms Cash, Conventional, Lease Option, Owner May Carry, Private Financing Available

    Special Listing Condition Easement(s), Use Conforms to Zone

    Virtual Tour https://www.virtualtourcafe.com/mls/10006551

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