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Waterfront Restaurant Property
For Sale
$2,500,000

5611 US HIGHWAY 19, Palmetto, FL 34221

Commercial Sale, PALMETTO, FL

Property Size5,247 SF
Lot Size0.84 Acres
Price / SF$476.46
Days on Market147

Property Features for 5611 US HIGHWAY 19

General Information

Property type Commercial Sale
Property subtype Other
Zoning PDMU
Subdivision ACREAGE
Lot features Corner Lot, Waterfront
Directions I-75 Toward Lakehurst 69th St East 5.4 miles to US 41 S., left to 61st E. / Palm View Rd to US 19 to Restaurant
Standard status Active
APN 2232200002
Size 5,247 SF
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THAT PORTION OF THE FOLLOWING DESC LAND LYING BETWEEN THE N LN OF TAMPA GAP DRAIN AND THE SLY R/W OF U.S. HWY 19, AND S.R. POPERTY LYING IN U.S. LOT 1, SEC 35, TWP 33 S, RNG 17 E; BEG AT THE SE COR OF NE1/4 OF SD SEC 35; TH S A DIST OF 610 FT, TO A P T WHICH IS 50 FT S OF THE S LN OF TAMPA GAP DRAIN FOR A POB; TH GO N ON SD E LN OF SEC 35 TO ITS INTERSECTION WITH
Tax Annual Amount 6226
Legal Description THAT PORTION OF THE FOLLOWING DESC LAND LYING BETWEEN THE N LN OF TAMPA GAP DRAIN AND THE SLY R/W OF U.S. HWY 19, AND S.R. POPERTY LYING IN U.S. LOT 1, SEC 35, TWP 33 S, RNG 17 E; BEG AT THE SE COR OF NE1/4 OF SD SEC 35; TH S A DIST OF 610 FT, TO A P T WHICH IS 50 FT S OF THE S LN OF TAMPA GAP DRAIN FOR A POB; TH GO N ON SD E LN OF SEC 35 TO ITS INTERSECTION WITH

Utilities

Cooling system Central Air
Water front 1

Amenities

waterfront
tiki bar
floating deck
event lawn
water views
mangrove views

Building Details

Year built 1954
Flooring type Tile
Building materials Frame
Additional Structures Storage
Listing Agency: RE/MAX ALLIANCE GROUP · RE/MAX International
Listed By: Lily Behrends · License #SL3152514
Added: Apr 1 Changed: Aug 24 Last Checked: Aug 25 at 7:06AM
MLS# A4688695

Copyright © 2026 Stellar MLS. 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 5,247-square-foot restaurant property occupies a waterfront corner along US 19, with views across Terra Ceia Bay and surrounding mangroves. The site includes an event lawn, tiki bar, and floating deck, creating several defined outdoor areas for dining or gatherings. Existing restaurant infrastructure includes a hood system and grease traps, while prior improvements include updated electrical service, air conditioning, and windows. The building dates to 1954 and features frame construction, tile flooring, and central air conditioning.

The property provides 350 feet of US 19 frontage, signage, and 55 parking spaces. A 4COP quota liquor license is available separately and allows package sales without a food requirement. The property is presented for restaurant, bar, liquor store, event venue, or other commercial use, subject to applicable approvals.

Key Highlights

  • Waterfront setting on Terra Ceia Bay with water and mangrove views
  • 5,247‑square‑foot restaurant property on a 0.84‑acre site
  • 350 feet of frontage and signage along US 19

Property Analytics

Current Use

Bars & Pubs

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?
Restaurant - Restaurant property with bay frontage, outdoor gathering areas, and existing food-service infrastructure.
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: Waterfront setting on Terra Ceia Bay with water and mangrove views; 5,247‑square‑foot restaurant property on a 0.84‑acre site; 350 feet of frontage and signage along US 19
More about this property
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