4391 Dixie Hwy Palm Bay, FL 32905
- Turn key restaurants
- 2,281 SF
- 0.30 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 4391 Dixie Hwy
- Year built
- 1920
- Construction
- WOOD
- Lot size
- 0.30 lot acres
- Property size
- 2,281 SF
- Zone code
- HC
- Property type
- Turn key restaurants
- APN
- 28-37-24-29-00000.0-0010.00
- APU
- 9223372036854775807
Description
This charming, two-story mixed-use building in Palm Bay, Florida, presents a unique investment opportunity. Located at 4391 Dixie Highway NE, this 1920-built property sits on a sizable 13,068 square foot lot (.3 acre). The building's Key West architectural style is evident in its vibrant exterior and tropical landscaping. Currently configured as a restaurant, the property boasts a warm and inviting interior with ample seating on both floors. The upper level provides additional dining space or potential for private events. A fully equipped commercial kitchen ensures smooth operations. The property's prime location on Dixie Highway NE in Brevard County (zip code 32905) offers high visibility and foot traffic, making it ideal for a thriving culinary business or a variety of other commercial ventures. The asking price is $1,030,000. This is a rare opportunity to acquire a well-maintained, historic building in a desirable location with significant potential. The property's size and location offer excellent potential for growth and return on investment. Don't miss this chance to own a piece of Palm Bay's history and vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $230,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $225,000
- Mixed-Use
- $250,000
- Hospitality
- $205,000
- Educational
- $255,000
- Residential Income
- $265,000
- Energy
- $240,000
- Income-Based Land
- $200,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.5777
- Latitude
- 28.0315
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA