4720 Dixie Highway NE Palm Bay, FL 32905
Commercial Sale, Other - Palm Bay, FL
Property Features for 4720 Dixie Highway NE
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 28-37-25-Fq-00003.0-0010.00
- 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
Listing agent Marcie W Bolt (321) 254-5275
Listing office Engel & Völkers Melbourne Beachside 1165 N Highway A1A, Indialantic, FL (321) 254-5275
Listing date Apr 23, 2026
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.
The property is located at 4720 Dixie Highway NE in Palm Bay, Florida, and is situated along Dixie Hwy NE. The property is in Highway Commercial (HC) zoning, allowing a wide range of commercial uses.
With approximately 3,376 square feet under roof on a 1.03-acre lot, this restaurant property provides an operationally ready footprint with indoor dining space and an exterior patio oriented toward the water.
Key Highlights
- 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.
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 |
