Waterfront - Lease to Own
Address
4845 Dixie Highway NE, Palm Bay, FL
Price
$ 5,999,982
Property Attributes
  • MLS#967416
  • TypeCommercial
  • CountyBREVARD
  • CityPalm Bay
  • AreaNE Palm Bay
  • Zip32905
  • StyleBusiness
  • Year Built1956
  • Taxes$ 15979
  • Price$ 5,999,982
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5692
  • Lot Size0.74 Acres
Data Source:
Space Coast AOR
Property Description

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.

Price History
6/13/2023 Listed $5,999,982

General Features

Sewer Public Sewer
Heating Central
Cooling Central Building
Possession Close Of Escrow,Negotiable
Roof Metal
Security Features Fire Alarm,Fire Sprinkler System,Security Lights,Smoke Detector(s)
Construction Materials Frame,Other
Year Built 1956
Property SubType Business
Tax Year 2022
Waterfront Features River Front
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions US 1 South of Palm Bay Road
City Palm Bay
Body of Water Indian River
View Y/N No
Senior Community Y/N No
Total Units 2
MLS Area 340 - NE Palm Bay
Lot Size Square Feet 32234.4
Waterfront Y/N Yes
Street Name Dixie
Land Lease Y/N No
Tax Annual Amount 15979.7
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 340 - NE Palm Bay
Additional Parcels Y/N No
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/967416
Standard Status Active
MobileHomeRemainsYN No
Legal Description PART OF GOVT LOT 1 AS DESC IN DB 379 PG 83,DB 305 PG 258 LYING E OF US HWY 1

Interior Features

Flooring Tile
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Highway
Electric On Property Y/N No

Exterior Features

Water Source Public
Inclusions {u'Business with Real Estate': True}
Lot Size Area 0.74
Spa No
Lot Size Acres 0.74
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32905

Price
AVG $1.64M
$6M
Taxes
AVG $6,187
$15,979
Visits
AVG 51
78
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1956