4845 Dixie Highway, Palm Bay, FL 32905

Property Details:

Successful Waterfront Restaurant and large tiki bar with positive cash flow. Tons of additional opportunities to expand. Property even comes with easement for property across street from the restaurant to continue Valet Parking. Home on premises where handyman resides. Tons of storage opportunities. Beach area. Permits filed for dock. Room for outdoor event area. Room to clean up and add beach area.

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• Acres0.74 acres
• Area340 - NE Palm Bay
• CityPalm Bay
• Clear Ceiling Height10.00
• ConstructionFrame and Other - Call Agent
• CoolingCentral Building
• CountyBrevard
• Cumulative DOM110
• Current LeaseLong Term
• Days On Market110
• DirectionsUS 1 South of Palm Bay Road
• Fire ProtectionSmoke Alarm and Sprinkler - Fire
• FlooringTile
• General County LocationSouth
• Gross Operating Income1.00
• HeatingCentral
• Legal DescriptionPART OF GOVT LOT 1 AS DESC IN DB 379 PG 83, DB 305 PG 258 LYING E OF US HWY 1
• Listing DateMonday, June 12th, 2023
• Listing ID967416
• Listing StatusActive
• Number of Stories1.0
• Percent AC/Heated5,998%
• PossessionAt Closing and Funding
• Property TypeCommercial
• Property UseC-RESTAURANT / CAFETERIA (2100)
• Real Estate Taxes$15,979.70
• RoofMetal
• Sale IncludesBusiness with Real Estate
• SecurityBurglar Alarm and Security Lights
• Special InformationEasement(s) and Use Conforms to Zone
• SqFt - Total5,692 sqft
• State/ProvinceFL
• StatusActive
• Street NameDixie
• Street Number4845
• Street SuffixHighway
• Suffix DirNE
• Tax Year2022
• Tenant PaysNone
• Terms ConsideredCash, Conventional and Owner Hold 2nd
• Total Building Area5692.00
• Total Units2
• TypeRestaurant/Bar
• Use Code21 / RESTAURANTS, CAFETERIAS
• UtilitiesPublic Sewer and Public Water
• WaterfrontYes
• Year Built1956
• Zip Code32905