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.
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 venueDirect indian river waterfrontBreathtaking river views
- 7 days
- 90
- 4
Zillow last checked:
Listed by:
Marcie Bolt,
Engel & Völkers Melbourne Downtown
Source: Engel & Volkers,MLS#: 1078162
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: 9/11/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $4,999,982$878/sqft |
Source: | ||
| 9/1/2026 | Listing removed | $4,999,982$878/sqft |
Source: | ||
| 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






