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    4720 Dixie Hwy NE Palm Bay, FL 32905

    New
    For Sale
    $1,249,982

    Commercial Sale, Other - Palm Bay, FL

    Type:Business
    Property size:
    3,376 SF
    Lot size:
    1.03 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 4720 Dixie Hwy NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    28-37-25-Fq-00003.0-0010.00
    Parking features
    Parking Lot
    Size
    3,376 SF
    Lot size
    1.03 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front features
    River Front
    Water front
    1

    Building Details

    Year built
    1984
    Roof type
    Metal, Rolled/Hot Mop
    Architectural style
    Other

    Engel & Völkers Melbourne Beachside (321) 254-5275 [email protected]

    Listing agent Marcie W Bolt (321) 254-5275

    Listing date Dec 12, 2025

    MLS# 1064222 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant with River Views

    This turn-key restaurant facility is situated on 1.03 acres along Dixie Hwy NE, offering direct views of the Indian River. Currently operating as a restaurant, the 3376 square foot property features a fully equipped commercial kitchen, a flexible dining layout, ample parking, and a large open patio overlooking the river. Most of the furniture, fixtures, and equipment convey with the real estate, allowing for immediate operational use. The property is located in an area zoned Highway Commercial (HC), which permits a wide range of commercial uses. The surrounding area is experiencing strong growth, with new multifamily developments underway that are expected to increase future customer demand. This property presents an ideal opportunity for operators, investors, or redevelopment in a high-traffic corridor. Buyers interested in continuing operations may inquire about optional operational components, which can be discussed confidentially.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.572924
    Latitude
    28.020992

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant on 1.03 acres with Indian River views.
    Where is this restaurant located?
    The property is located at 4720 Dixie Hwy NE Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $1,249,982.
    What are key features of this property?
    This property features: - Direct Indian River views.; - Turn-key restaurant facility with fully equipped commercial kitchen.; - Highway Commercial (HC) zoning allows for a wide range of commercial uses.
    (321) 254-5275
    Request Owner's contact information
    4720 Dixie Hwy NE Palm Bay, FL 32905
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    Palm Bay, FL 32905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4720 Dixie Hwy NE Palm Bay, FL 32905
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