Waterfront Restaurant Opportunity on US
5611 US HIGHWAY 19, Palmetto, FL 34221
Restaurant - PALMETTO, FL
Property size:
5,247 SFLot size:
0.84 AcresPrice / SF:
$476/SF- Added:
- Apr 1, 2026
- Days on Market:
- 48
- Last Refresh:
- May 18 at 2:06 pm
Property Features for 5611 US HIGHWAY 19
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PDMU
- Exterior features
- Corner Lot, Waterfront
- Standard status
- Active
- APN
- 2232200002
- Size
- 5,247 SF
- Lot size
- 0.84 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6226
Utilities
- Cooling system
- Central Air
- Water front features
- Waterfront
- Water front
- 1
Building Details
- Year built
- 1954
- Flooring type
- Tile
- Building materials
- Frame
- Architectural style
- Other
Listing agent Lily Behrends License #3152514 (941) 526-9121
Listing office RE/MAX ALLIANCE GROUP 8037 Cooper Creek Blvd No. 101, Sarasota, FL (941) 360-7777
Listing date Apr 1, 2026
MLS# A4688695
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime waterfront location on Terra Ceia Bay with high visibility on US 19, offering stunning water and mangrove views and sunset vistas.
- Significant renovations completed, including new electrical, A/C, and windows, plus existing hood system and grease traps, providing a head start for restaurant operations.
- Expansive outdoor space designed for entertainment, featuring a spacious lawn area for live music and events, a tiki bar, and a floating deck.
- Multiple revenue‑generating opportunities as a destination business, restaurant, or bar in a rapidly growing area.
- Opportunity to purchase a 4COP QUOTA liquor license separately, allowing package sales and no food requirements.
- Owner financing may be available for qualified buyers.
Overview
Located at 5611 US 19, this waterfront property, formerly known as Crab Trap I and The Sea Hut /Catcher’s Net, is available for sale. Situated on Terra Ceia Bay along a well-traveled corridor in Florida, the location offers water and mangrove views, suitable for sunsets and a Florida dining experience. The outdoor space is designed for entertainment, featuring a lawn area for live music and events, a tiki bar, and a floating deck overlooking the water, offering revenue-generating opportunities and a guest atmosphere. The property has undergone renovations and is suited for a custom buildout. Existing infrastructure includes the original hood system and grease traps, providing a start for restaurant operations. New electrical, A/C, and windows have been installed. A 4COP QUOTA liquor license is available for purchase separately, allowing package sales without food requirements, suitable for a bar or liquor store. With traffic exposure on US 19 in a growing area, this is an opportunity to establish a destination business, restaurant or bar in a waterfront setting. The lot size is 0.84 acres and the property size is 5247 square feet. Owner financing may be available for qualified buyers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Palmetto
- County
- Manatee
- State
- Florida
- Longitude
- -82.565438
- Latitude
- 27.564575
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime waterfront property with high visibility and renovation potential.
Where is this restaurant located?
The property is located at 5611 US HIGHWAY 19 Palmetto, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime waterfront location on Terra Ceia Bay with high visibility on US 19, offering **stunning water and mangrove views and sunset vistas.**; Significant renovations completed, including new electrical, A/C, and windows, plus **existing hood system and grease traps**, providing a head start for restaurant operations.; **Expansive outdoor space designed for entertainment**, featuring a spacious lawn area for live music and events, a tiki bar, and a floating deck.
