Waterfront Property on US
For Sale
$2,500,000
5611 US HIGHWAY 19, Palmetto, FL 34221
Prime waterfront location with high traffic exposure on US 19.
Property Size5,247 SF
Price / SF$476.46
Days on Market149
Property Features for 5611 US HIGHWAY 19
General Information
Standard status
Active
Size
5,247 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,226
Amenities
Central air
Corner Lot
Pool
Public Pool
Central Air Cooling
Tile Flooring
Waterfront
Building Details
Year Built
1954
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 360-7777
Listed By:
LILY BEHRENDS · License #3152514
Source:
Corcoran
Added: Apr 3
Changed: Aug 25
Last Checked: Aug 29 at 8:45AM
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 RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
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. The outdoor space is designed for entertainment, featuring a lawn area, a tiki bar, and a floating deck overlooking the water. The property has undergone renovations and is suited for a custom buildout. Existing infrastructure includes the original hood system and grease traps. A 4COP QUOTA liquor license is available for purchase separately, allowing package sales without food requirements. This property, with 5247 square feet of space, presents an opportunity to establish a destination business, restaurant, or bar in a waterfront setting. Owner financing may be available for qualified buyers.
Key Highlights
- Prime waterfront location on Terra Ceia Bay with high visibility on US 19
- Expansive outdoor space featuring lawn, tiki bar, and floating deck for entertainment and revenue generation
- Significant renovations completed and ready for custom buildout
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34221, FL
48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
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?
Restaurant - Prime waterfront location with high traffic exposure on US 19.
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 featuring lawn, tiki bar, and floating deck for entertainment and revenue generation; Significant renovations completed and ready for custom buildout
