4391 Dixie NE Hwy, Palm Bay, FL 32905-4344
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Palm Bay, FLPalm Bay. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.