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 A±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.
For sale
$4,999,982
4845 Dixie Hwy NE, Palm Bay, FL 32905
--beds
--baths
5,692sqft
Mixed Use
Built in 1956
0.74 Acres Lot
$-- Zestimate®
$878/sqft
$-- HOA
What's special
Private dockLive entertainment venueBreathtaking river views
- 45 days |
- 244 |
- 6 |
Zillow last checked:
Listed by:
Marcie Bolt,
Engel & Völkers Melbourne Beachside
Source: Engel & Volkers,MLS#: 1078162
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Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 5,692
- Total interior livable area: 5,692 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Other
Features
- Stories: 1
Lot
- Size: 0.74 Acres
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Materials
- Roof: Metal
Condition
- Year built: 1956
Community & HOA
Community
- Subdivision: None
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $878/sqft
- Date on market: 5/24/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$2,874/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $4,999,982-16.7%$878/sqft |
Source: | ||
| 6/15/2024 | Listing removed | $5,999,982$1,054/sqft |
Source: | ||
| 2/26/2024 | Listed for sale | $5,999,982$1,054/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32905
Nearby schools
GreatSchools rating
- 7/10Palm Bay Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 3/10Stone Magnet Middle SchoolGrades: 7-8Distance: 3.6 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 3.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Brevard County
- Palm Bay
- 32905
- 4845 Dixie Hwy NE






