Waterfront Property with Renovation
5611 US HIGHWAY 19, Palmetto, FL 34221
Prime waterfront location ready for custom buildout and destination business.
Type:Commercial
- Added:
- Apr 4, 2026
- Days on Market:
- 58
- Last Refresh:
- Apr 4 at 7:02 am
Property Features for 5611 US HIGHWAY 19
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1954
Listing agent Lily Behrends License #3152514 (941) 526-9121
Listing office RE/MAX ALLIANCE GROUP (941) 526-9121
Listing date Apr 4, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP
HighLights
- Prime waterfront location on Terra Ceia Bay with high visibility on US 19.
- Expansive outdoor space with lawn, tiki bar, and floating deck for entertainment and revenue generation.
- Significant renovations completed and ready for custom buildout.
- Existing infrastructure includes hood system and grease traps for restaurant operations.
- 4COP QUOTA liquor license available for separate purchase (allows package sales).
- Owner financing may be available for qualified buyers.
Overview
Located at 5611 US 19, this waterfront property, formerly known as Crab Trap I and The Sea Hut /Catcher’s Net, is available for sale. Situated along a well-traveled corridor in Florida and nestled on Terra Ceia Bay, the location offers water and mangrove views, suitable for sunsets and a Florida dining experience. The outdoor space is designed for entertainment, featuring a lawn area for live music and events, a tiki bar, and a floating deck overlooking the water, offering revenue-generating opportunities and a guest atmosphere. The property has undergone renovations and is ready for a custom buildout. Existing infrastructure includes the original hood system and grease traps, providing a start for restaurant operations. A 4COP QUOTA liquor license is available for purchase separately, allowing package sales and has no food requirements, suitable for a bar or liquor store. With traffic exposure on US 19 in a growing area, this is an opportunity to establish a destination business, restaurant or bar in a waterfront setting. The bike score is 30, indicating it is somewhat bikeable, and the walk score is 11, indicating car dependence.
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Palmetto
- County
- Manatee
- State
- Florida
- Longitude
- -82.565556
- Latitude
- 27.564762
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime waterfront location ready for custom buildout and destination business.
Where is this restaurant located?
The property is located at 5611 US HIGHWAY 19 Palmetto, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime waterfront location on Terra Ceia Bay with high visibility on US 19.; Expansive outdoor space with lawn, tiki bar, and floating deck for entertainment and revenue generation.; Significant renovations completed and ready for custom buildout.
