4845 Dixie Highway NE, Palm Bay, FL 32905
$4,999,982
Property Type:
Commercial Sale
Baths:
6
Square Footage:
5,692
Lot Size (sq. ft.):
32,234
Status:
Active
Current Price:
$4,999,982
List Date:
5/23/2026
Last Modified:
6/10/2026
Overview
Description
Direct Indian River waterfront restaurant and entertainment destination with breathtaking river views, approximately 310 feet of frontage, and an established reputation as a local favorite. The property features approximately 4,135 SF of restaurant space, a private dock, expansive indoor and outdoor dining areas, live entertainment venue, and a 1,557 SF secondary building currently divided into storage space and an apartment/living quarters. Situated on approximately 0.74 acres, the opportunity also benefits from an additional ±0.90 acres of easement area, bringing the potential combined area to approximately 1.64 acres. Operating successfully with positive cash flow and offering significant growth potential, this unique waterfront asset combines established income, prime US1 visibility, entertainment appeal, and long-term investment opportunity in one of the Space Coast's most desirable waterfront locations.
Listing Details MLS# 1078162
General Property Information
- Stories Total
- Yes
- Bathrooms Total
- 6
- Building Area Total
- 5692
- Building Area Source
- Other
- Year Built
- 1956
- Lot Size Acres
- 0.74
- Land Lease YN
- No
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- Yes
- Water Body Name
- Indian River
- List Price/SqFt
- 878.42
- Number Of Units Total
- 0
Property Features
Building Features:
Restaurant
Construction Materials:
Frame; Other
Cooling:
Central Building
Current Use:
Commercial
Flooring:
Tile
Heating:
Central
Listing Terms:
Cash; Conventional; Lease Option; Owner May Carry; Private Financing Available
Lot Features:
Other
Parking Features:
Additional Parking; Other
Possession:
Close Of Escrow; Negotiable
Road Frontage Type:
Highway
Roof:
Metal
Sale Includes:
Business with Real Estate; Furniture, Fixtures and Equipment
Security Features:
Fire Alarm; Fire Sprinkler System; Security Lights; Smoke Detector(s)
Sewer:
Septic Tank
Showing Requirements:
24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Special Listing Conditions:
Easement(s); Use Conforms to Zone
Utilities:
Cable Connected; Water Connected
Water Source:
Public
Waterfront Features:
Intracoastal; Navigable Water; River Front; Seawall
Contract Information
- Original List Price
- 4999982
- Listing Contract Date
- 2026-05-23
- Property Sub Type
- Mixed Use
Location Tax and Legal
- Street Number
- 4845
- Street Name
- Dixie
- Street Suffix
- Highway
- Street Direction Suffix
- NE
- County
- Brevard
- State
- FL
- Postal Code
- 32905
- MLS Area Major
- 340 - NE Palm Bay
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Direct Indian River waterfront restaurant and entertainment destination with breathtaking river views, approximately 310 feet of frontage, and an established reputation as a local favorite. The property features approximately 4,135 SF of restaurant space, a private dock, expansive indoor and outdoor dining areas, live entertainment venue, and a 1,557 SF secondary building currently divided into storage space and an apartment/living quarters. Situated on approximately 0.74 acres, the opportunity also benefits from an additional ±0.90 acres of easement area, bringing the potential combined area to approximately 1.64 acres. Operating successfully with positive cash flow and offering significant growth potential, this unique waterfront asset combines established income, prime US1 visibility, entertainment appeal, and long-term investment opportunity in one of the Space Coast's most desirable waterfront locations.
Status Change Information
- Major Change Timestamp
- 2026-05-23T20:02:33Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-05-23
More Information
Building Features
- % Air Conditioned or Heated
- 5998
- Clear Ceiling Height
- 10
- Seating Capacity
- 299
- Restaurant
- Yes
Location, Tax, and Legal
- Tax Account
- 2850761
- Parcel Number
- 28-38-30-00-00503.1-0000.00
- General County Location
- South
- Tax Annual Amount
- 19108.4
- Tax Year
- 2025
- Tax Legal Description
- PART OF GOVT LOT 1 AS DESC IN DB 379 PG 83, DB 305 PG 258 LYING E OF US HWY 1
- Directions
- US 1 South of Palm Bay Road on east side.
Construction Materials
- Frame
- Yes
- Other
- Yes
Cooling
- Central Building
- Yes
Current Use
- Commercial
- Yes
Flooring
- Tile
- Yes
Heating
- Central
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
- Owner May Carry
- Yes
- Private Financing Available
- Yes
Lot Features
- Other
- Yes
Parking Features
- Additional Parking
- Yes
- Other
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Road Frontage Type
- Highway
- Yes
Roof
- Metal
- Yes
Security Features
- Fire Alarm
- Yes
- Fire Sprinkler System
- Yes
- Security Lights
- Yes
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
Special Listing Conditions
- Easement(s)
- Yes
- Use Conforms to Zone
- Yes
Utilities
- Cable Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Waterfront Features
- Intracoastal
- Yes
- Navigable Water
- Yes
- River Front
- Yes
- Seawall
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
- Appointment Only
- Yes
- Call Listing Agent
- Yes
- Listing Agent Must Accompany
- Yes
Sale Includes
- Business with Real Estate
- Yes
- Furniture, Fixtures and Equipment
- Yes
Listing Office:
Engel&Voelkers Melb Beachside
Last Updated: June - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.