Turn-Key Restaurant
4720 Dixie Hwy Ne Palm Bay, FL 32905
4720 Dixie Hwy Ne, Palm Bay, FL, 32905
$1,249,982
For Sale
$1,249,982
Turn-key restaurant with a fully equipped commercial kitchen, flexible dining space, and a patio overlooking the river.
Property Size3,376 SF
Lot Size1.03 Acres
Price / SF$370.26
Days on Market222
Property Features for 4720 Dixie Hwy Ne
General Information
- Standard status
- Active
- Size
- 3,376 SF
- Lot size
- 1.03 Acres
Listing agency
Engel&Voelkers Melb Beachside
(321) 750-4663
Listed by
Marcie W Bolt · License #3418458
(321) 750-4663
Source
Exprealty
Added: Dec 12, 2025 Updated: Jul 22 at 12:03PM Checked: Jul 22 at 12:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel&Voelkers Melb Beachside
Investment Insights
Based on property information with market context.
This turn-key restaurant facility is offered with a fully equipped commercial kitchen and a flexible dining layout designed for day-to-day operations. A large open patio provides direct Indian River views, and most furnishings/equipment (FF&E) are included with the real estate for immediate use.
The property is situated on 1.03 acres along busy Dixie Hwy NE, with ample parking available on site. Highway Commercial (HC) zoning supports a wide range of commercial uses.
Buyers may continue restaurant operations and can inquire about optional operational components confidentially. The property is positioned along a high-traffic corridor where surrounding growth includes new multifamily development underway.
The property is situated on 1.03 acres along busy Dixie Hwy NE, with ample parking available on site. Highway Commercial (HC) zoning supports a wide range of commercial uses.
Buyers may continue restaurant operations and can inquire about optional operational components confidentially. The property is positioned along a high-traffic corridor where surrounding growth includes new multifamily development underway.
Key Highlights
- Turn‑key restaurant facility on 1.03 acres along busy Dixie Hwy NE with direct Indian River views
- Includes a fully equipped commercial kitchen for immediate restaurant operations
- Flexible dining layout and ample parking on site
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $19.20 |
| − Vacancy | −$4.9k | −$1.44 |
| EGI | $60.0k | $17.76 |
| − OpEx | −$15.0k | −$4.44 |
| NOI | $45.0k | $13.32 |
3,376 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$642.4K
$562.1K – $749.5K
NOI $44,968 @ 7.0% cap · market cap 3.60%
Second Best
Industrial
$461.8K
$404.1K – $538.8K
NOI $32,329 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$890.7K
$779.4K – $1.04M
NOI $62,348 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turn-key restaurant with a fully equipped commercial kitchen, flexible dining space, and a patio overlooking the river.
Where is this conventional 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: Turn‑key restaurant facility on 1.03 acres along busy Dixie Hwy NE with direct Indian River views; Includes a fully equipped commercial kitchen for immediate restaurant operations; Flexible dining layout and ample parking on site
