About This Home

This 0-bedroom, 6-bathroom commercial at 4845 Dixie Highway NE in Palm Bay, FL is listed for $4,999,982 ($878 per sqft). Built in 1956, the home offers 5,692 sqft of living space on a N/A lot.

Key Features

  • Built in 1956

Property Details

6 full
1956
Listing 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.

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

4845 Dixie Highway NE

Palm Bay, FL 32905

Questions & Answers

This 0-bedroom, 6-bathroom commercial at 4845 Dixie Highway NE is listed at $4,999,982 ($878/sqft). The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956.

This property is listed by Marcie W Bolt.

MB

Marcie W Bolt

Agent at Engel & Völkers Melbourne Downtown

Listed by Engel & Völkers Melbourne Downtown · Broker phone: 3212545275 · View on Broker Site · Broker website

MLS# 1078162· Source: Engel & Völkers· 12 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4845 Dixie Highway NE, Palm Bay, FL 32905

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