Palm Bay, FL
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    Palm Bay, FL Hospitality Properties for Sale

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    Melbourne, FL Malabar, FL Melbourne Beach, FL
    Waterfront Restaurant with Expansion Potential
    $4,999,982
    5,692 SF
    Waterfront Restaurant with Expansion Potential

    4845 Dixie Highway NE, Palm Bay, FL 32905

    Established waterfront restaurant with live entertainment and expansion potential.
    • Prime waterfront location with breathtaking river views
    • Established restaurant business with positive cash flow
    • Expansive dock and regular live entertainment creating a lively atmosphere
    • Additional parking to accommodate growth and events
    • On‑site residence for convenience, maintenance, or future use
    Updated: May 28
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    Event Venue with Expansion Potential
    $1,690,000
    5,400 SF
    Event Venue with Expansion Potential

    750 Osmosis Dr, Palm Bay, FL 32908

    Operating event venue with confirmed bookings into 2027.
    • Operating event venue with confirmed bookings into 2027, providing immediate income.
    • 5,000+ SF barn converted into an elegant event facility with Bride & Groom suites and other amenities.
    • Sale includes all inventory, including a champagne truck.
    • Approx. 4± acres improved with an additional 4.5± cleared acres ready for expansion.
    • Additional parcel available, combined with adjacent pool home on 2.67± acres for a total of 11± acres.
    Updated: Mar 11
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Palm Bay, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Riverfront Acres in Sebastian, FL
    $2,795,000
    70,132 SF
    Riverfront Acres in Sebastian, FL

    1.61 acres, zoned for multifamily, with private dock.

    11450 S Indian River Drive, Sebastian, FL 32958

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    Riverfront Land with Development Potential
    $3,495,000
    65,770 SF
    Riverfront Land with Development Potential

    1.5-acre riverfront property suitable for condos, hotel, or estate.

    412 Indian River Drive, Sebastian, FL 32958

    View details
    Waterfront Income Property in Cocoa
    $2,525,000
    Waterfront Income Property in Cocoa

    Unique waterfront property with multiple income-producing buildings in Cocoa Village.

    11 MITCHELL St, Cocoa, FL 32922

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    Historic Cocoa Village Landmark Residence
    $850,000
    13,504 SF
    Historic Cocoa Village Landmark Residence

    Landmark residence in Cocoa Village, meticulously restored with modern upgrades.

    536 Delannoy Ave, Cocoa, FL

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Melbourne Commercial Land For Sale
    $2,500,000
    3.27 Acres
    Melbourne Commercial Land For Sale

    3.27 acres of commercial land with endless possibilities.

    551 N Wickham Road, Melbourne, FL 32935

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    Recreational Land in Suburban Estates
    Contact for pricing
    1.30 Acres
    Recreational Land in Suburban Estates

    1.3-acre recreational lot in Suburban Estates, St. Cloud, FL.

    Saint Cloud, FL 34773

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    Cocoa, FL Land For Sale
    $289,500
    2.56 Acres
    Cocoa, FL Land For Sale

    2.56 acres zoned for residential use near I-95.

    4550 Highway 524, Cocoa, FL 32926

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    Recreational Land Near St Cloud
    Contact for pricing
    1.25 Acres
    Recreational Land Near St Cloud

    1.25 acre recreational lot perfect for outdoor activities.

    Saint Cloud, FL 34771

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    Off-Market Properties in Palm Bay, FL

    Consider similar Off-Market properties in Palm Bay, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1435 Sportsman NE Ln
    HOTEL
    64,346 SF Lot: 2.55 Acres
    Estimated value
    $10,165,000

    1435 Sportsman NE Ln, Palm Bay, FL 32905-6325

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    1425 Sportsman NE Ln
    HOTEL
    57,546 SF Lot: 2.48 Acres

    1425 Sportsman NE Ln, Palm Bay, FL 32905-6325

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    890 Palm Bay NE Rd
    HOTEL
    29,325 SF Lot: 2.24 Acres
    Estimated value
    $6,585,000

    890 Palm Bay NE Rd, Palm Bay, FL 32905-6349

    View details
    1175 Malabar NE Rd
    HOTEL
    54,774 SF Lot: 2.67 Acres
    Estimated value
    $5,605,000

    1175 Malabar NE Rd, Palm Bay, FL 32907-3257

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    1206 Malabar SE Rd
    HOTEL
    50,041 SF Lot: 2.59 Acres
    Estimated value
    $5,190,000

    1206 Malabar SE Rd, Palm Bay, FL 32907-2556

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    Palm Bay, FL Hospitality Properties Investment Opportunities Market Analysis

    Explore 7 hospitality properties for sale in Palm Bay, FL on our real estate platform. These investment opportunities span a total of 11,092 square feet of properties for sale, with an estimated market value of $6,689,982.

    Sale prices for hospitality properties in Palm Bay, FL start at $1,690,000, averaging $3,344,991, and reaching up to $4,999,982 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Palm Bay fall within the 100,000+ square foot range.

    Demographics Overview

    Population 127K
    Population Growth (5Y) +14.5%
    Median Household Income $69,818
    College Educated 17.7%

    High-Yield Neighborhoods for Investment

    Identify Palm Bay submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    32908 $1.7M
    32905 $5M

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $40.00 per sq ft
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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