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Waterfront Restaurant with Private Dock
For Sale
$4,999,982

4845 Dixie Highway NE, Palm Bay, FL 32905

Restaurant property on the Indian River with private dock, waterfront frontage, and a secondary building for storage and living quarters.

Property Size5,692 SF
Lot Size0.74 Acres
Price / SF$878.42
Days on Market89

Property Features for 4845 Dixie Highway NE

General Information

Standard status Active
Size 5,692 SF
Lot size 0.74 Acres
Property subtype Mixed Use

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Year Built 1956
Listing Agency: Engel&Voelkers Melb Beachside
Listed By: Marcie Bolt · License #3418458
Source: Xome
Added: May 3 Changed: Jul 10 Last Checked: Jun 14 at 1:41AM

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 waterfront restaurant and entertainment destination offers a built-out dining experience with both indoor and outdoor areas and a live entertainment venue. The main restaurant space is approximately 4,135 SF and sits on roughly 310 feet of Indian River frontage. The property includes a private dock to support waterfront operations and guest access.

The offering also features a secondary building of approximately 1,557 SF. Per the provided information, this building is currently divided into storage space and an apartment/living quarters. The site size is approximately 0.74 acres, and the property also benefits from additional easement area of approximately 0.90 acres, for a combined area of approximately 1.64 acres.

The combination of waterfront dining, live entertainment, and private dock makes the property suitable for operators seeking a restaurant with dedicated waterfront amenities. The secondary building’s storage and on-site living quarters can support day-to-day operations and accommodate an operator or staff residence, subject to applicable regulations and approvals.

Key Highlights

  • Approximately 310 ft of direct Indian River waterfront frontage on a restaurant and entertainment property
  • Includes approximately 4,135 SF of restaurant space with expansive indoor and outdoor dining areas
  • Private dock on‑site for Indian River access

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property on the Indian River with private dock, waterfront frontage, and a secondary building for storage and living 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: Approximately 310 ft of direct Indian River waterfront frontage on a restaurant and entertainment property; Includes approximately 4,135 SF of restaurant space with expansive indoor and outdoor dining areas; Private dock on‑site for Indian River access
More about this property
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