Waterfront Restaurant with Private
For Sale
$4,999,982
4845 Dixie Highway NE, Palm Bay, FL 32905
Commercial Sale, Other - Palm Bay, FL
Property Size5,692 SF
Lot Size0.74 Acres
Price / SF$878.42
Days on Market49
Property Features for 4845 Dixie Highway NE
General Information
Property type
Commercial Sale
Property subtype
Mixed Use
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
Parking features
Other
Subdivision
None
Standard status
Active
APN
28-38-30-00-00503.1-0000.00
Size
5,692 SF
Lot size
0.74 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Water front features
Navigable Water|River Front|Seawall, Navigable Water|River Front|Seawall, Navigable Water|River Front|Seawall
Building Details
Year built
1956
Flooring type
Tile
Roof type
Metal
Architectural style
Other
Listing Agency:
Engel & Völkers Melbourne Beachside
(321) 254-5275
Listed By:
Marcie W Bolt
(321) 254-5275
Added: Jun 12
Changed: Jul 15
Last Checked: Jul 30 at 8:06PM
MLS# 1078162
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
A direct Indian River waterfront restaurant and entertainment destination with approximately 310 feet of frontage and a private dock. The property includes expansive indoor and outdoor dining areas and a live entertainment venue, supported by approximately 4,135 SF of restaurant space.
On the same site, there is an additional secondary building totaling approximately 1,557 SF, divided into storage space and an apartment/living quarters. The property sits on approximately 0.74 acres, with an additional +/-0.90 acres of easement area, for a combined total of approximately 1.64 acres.
The configuration supports both guest-serving operations and on-site secondary space, providing flexibility for continued use of the waterfront dining and entertainment concept.
On the same site, there is an additional secondary building totaling approximately 1,557 SF, divided into storage space and an apartment/living quarters. The property sits on approximately 0.74 acres, with an additional +/-0.90 acres of easement area, for a combined total of approximately 1.64 acres.
The configuration supports both guest-serving operations and on-site secondary space, providing flexibility for continued use of the waterfront dining and entertainment concept.
Key Highlights
- Direct Indian River waterfront with navigable river frontage and a seawall
- Approximately 310 feet of frontage plus additional 0.90 acres of easement area for a combined approximate 1.64 acres
- Approximately 4,135 SF restaurant space with expansive indoor and outdoor dining
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chevron
Shops & Services
2,418 visits/mo
0.2 miles
Demographics for 32905, FL
26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Direct Indian River waterfront restaurant with private dock, indoor and outdoor dining, and a secondary building with apartment quarters.
Where is this conventional restaurant located?
The property is located at 4845 Dixie Highway NE Palm Bay, FL.
What is the asking price?
The asking price for this property is $4,999,982.
What are key features of this property?
This property features: Direct Indian River waterfront with navigable river frontage and a seawall; Approximately 310 feet of frontage plus additional 0.90 acres of easement area for a combined approximate 1.64 acres; Approximately 4,135 SF restaurant space with expansive indoor and outdoor dining
