Waterfront Restaurant With Private
For Sale
$4,999,982
4845 Dixie Highway NE, Palm Bay, FL 32905
Palm Bay, FL
Property Size5,692 SF
Lot Size0.74 Acres
Price / SF$878.42
Days on Market77
Property Features for 4845 Dixie Highway NE
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
6
Full bathrooms
6
Standard status
Active
Size
5,692 SF
Lot size
0.74 Acres
Amenities
private dock
live entertainment venue
Building Details
Year built
1956
Listing Agency:
Engel & Volkers Melbourne Beachside · Engel & Völkers
(321) 254-5275
Listed By:
Marcie W Bolt · License #3418458
Added: Jun 12
Changed: Aug 25
Last Checked: Aug 27 at 5:06PM
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.
This conventional restaurant property occupies an Indian River waterfront setting and includes approximately 4,135 SF of restaurant space. The improvements provide indoor and outdoor dining areas, a live entertainment venue, and a private dock. A separate 1,557 SF building is configured with storage space and apartment/living quarters.
The site contains approximately 0.74 acres, with an additional +/- 0.90 acres of easement area for a potential combined area of approximately 1.64 acres. The property has approximately 310 feet of river frontage and US1 visibility at 4845 Dixie Highway NE in Palm Bay. Built in 1956, the asset combines restaurant facilities, secondary support space, waterfront access, and entertainment-oriented improvements.
The site contains approximately 0.74 acres, with an additional +/- 0.90 acres of easement area for a potential combined area of approximately 1.64 acres. The property has approximately 310 feet of river frontage and US1 visibility at 4845 Dixie Highway NE in Palm Bay. Built in 1956, the asset combines restaurant facilities, secondary support space, waterfront access, and entertainment-oriented improvements.
Key Highlights
- Approximately 310 feet of Indian River frontage
- Approximately 4,135 SF of restaurant space with indoor and outdoor dining
- Private dock and live entertainment venue
Property Analytics
Property Profile
Current Use
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 - Indian River frontage supports indoor and outdoor dining, live entertainment, and dock access.
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 feet of Indian River frontage; Approximately 4,135 SF of restaurant space with indoor and outdoor dining; Private dock and live entertainment venue
