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Waterfront Corner Restaurant
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5611 Us Highway 19, Palmetto, FL 34221

Restaurant site on Terra Ceia Bay with 350 feet of frontage and multiple outdoor entertainment areas.

Lot Size0.83 Acres
Days on Market123

Property Features for 5611 Us Highway 19

General Information

Standard status Active
Total Parking Spaces 55
Lot size 0.83 Acres
Property subtype RETAIL
Zoning PDMU/CH

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Commercial Hood Yes
Grease Trap Yes
Liquor License No

Amenities

waterfront
tiki bar
floating deck
event lawn
Listing Agency: RE/MAX ALLIANCE GROUP
Listed By: Lily M Behrends · License #SL3152514
Source: Moodyscre
Added: Apr 1 Changed: Jul 29 Last Checked: Jul 29 at 3:44PM

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 Highway 19 in Palmetto, Florida, this waterfront corner restaurant property (formerly known as Crab Trap I and The Sea Hut / Catcher's Net) sits along Terra Ceia Bay with expansive water and mangrove views. The site is designed for guest entertainment with a spacious lawn area suitable for live music and events, a tiki bar, and an additional floating deck overlooking the water.

The property has undergone significant renovations, including new electrical, new A/C, and new windows. Original hood system and grease traps are also in place, providing a head start for restaurant operations. The seller is offering an improvement allowance toward a new roof and finishing the interior buildout. A 4COP quota liquor license is available for purchase separately, allowing package sales with no food requirement.

With PDMU/CH general commercial zoning, 55 parking spaces, and approximately 350 feet of frontage and signage on US 19, the property supports restaurant, bar, liquor store, event venue, or other commercial use. Owner financing may be available for qualified buyers.

Key Highlights

  • 350 feet of frontage and signage on US 19 with water and mangrove views
  • 0.83‑acre corner lot with 55 parking spaces
  • Waterfront outdoor entertainment area with tiki bar, event lawn, and floating deck

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Auto Parts 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

Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
Under-served
Demand for This Use

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

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

What type of property is this?
Conventional restaurant - Restaurant site on Terra Ceia Bay with 350 feet of frontage and multiple outdoor entertainment areas.
Where is this conventional 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: 350 feet of frontage and signage on US 19 with water and mangrove views; 0.83‑acre corner lot with 55 parking spaces; Waterfront outdoor entertainment area with tiki bar, event lawn, and floating deck
(941) 526-9121 Call to check price and availability
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