Waterfront Restaurant with Private
New
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 Market1
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
Building Details
Year built
1956
Listing Agency:
Engel & Volkers Melbourne Downtown · Engel & Völkers
(321) 254-5275
Listed By:
Marcie W Bolt · License #3418458
(321) 698-1794
Added: Sep 11
Last Checked: Sep 11 at 10:06PM
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 approximately 5,692 SF across two buildings on approximately 0.74 acres. The primary restaurant contains approximately 4,135 SF with indoor and outdoor dining areas, a live entertainment venue, and a private dock. A separate 1,557 SF building is divided between storage space and apartment/living quarters.
The property fronts the Indian River with approximately 310 feet of waterfront exposure and visibility along US1. An additional +/- 0.90 acres of easement area brings the potential combined area to approximately 1.64 acres. Built in 1956, the site combines restaurant operations, entertainment space, waterfront access, and secondary storage and living accommodations.
The property fronts the Indian River with approximately 310 feet of waterfront exposure and visibility along US1. An additional +/- 0.90 acres of easement area brings the potential combined area to approximately 1.64 acres. Built in 1956, the site combines restaurant operations, entertainment space, waterfront access, and secondary storage and living accommodations.
Key Highlights
- Approximately 310 feet of Indian River waterfront frontage
- Approximately 4,135 SF restaurant building with indoor and outdoor dining areas
- Private dock and live entertainment venue
Property Analytics
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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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Indian River frontage accommodates indoor and outdoor dining, live entertainment, and a secondary building with 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 feet of Indian River waterfront frontage; Approximately 4,135 SF restaurant building with indoor and outdoor dining areas; Private dock and live entertainment venue
