0000 NE Unknown Highway NE, Palm Bay, FL 32905

$975,000

Property Type: Commercial Sale Square Footage: 4,188 Lot Size (sq. ft.): 32,234 Status: Closed

Current Price: $975,000 List Date: 4/10/2019 Last Modified: 6/27/2026

Overview

Description

River front restaurant that has been in place for over 40 years along with the adjacent single family residence with room to expand. The name has been the staple of the community. Sale includes 4COP liquor license, all equipment, furniture, two river front properties, a well established restaurant/bar business (.51 acres) and adjacent single family home (.21). Restaurant has outdoor seating, tiki bar and is perfect for those special family dinners on the water.

Listing Details MLS# 826363

General Property Information

Number Of Units Total: 2
Stories Total: Yes
Building Area Total: 4188
Year Built: 1956
Lot Size Acres: 0.74
Property Use: C-RESTAURANT / CAFETERIA (2100)
Use Code: 21 / RESTAURANTS, CAFETERIAS
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
List Price/SqFt: 262.42
Sold Price/SqFt: 232.81

Property Features

Building Features: Fenced; Kitchen Facilities; Lounge; Manager on Premise; Private Restroom; Public Restroom; Rear Access; Restaurant; Storage Ceiling Type: Wood Panel Construction Materials: Frame Cooling: Ceiling Fan(s); Central Air; Exhaust Fan Current Use: Commercial Flooring: Tile; Wood Heating: Central; Electric Listing Terms: Cash; Conventional; Private Financing Available Location: Beach Area Possession: Close Of Escrow Sale Includes: Building & Land; Business Only; Furniture, Fixtures and Equipment Security Features: Closed Circuit Camera(s); Fire Sprinkler System; Security System Owned Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent Special Listing Conditions: City Jurisdiction Utilities: Cable Available; Natural Gas Available Water Source: Public Waterfront Features: River Front

Contract Information

Original List Price: 1200000
Listing Contract Date: 2018-09-26
Property Sub Type: Business

Location Tax and Legal

Street Number: 0000
Street Direction Prefix: NE
Street Name: Unknown
Street Suffix: Highway
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: River front restaurant that has been in place for over 40 years along with the adjacent single family residence with room to expand. The name has been the staple of the community. Sale includes 4COP liquor license, all equipment, furniture, two river front properties, a well established restaurant/bar business (.51 acres) and adjacent single family home (.21). Restaurant has outdoor seating, tiki bar and is perfect for those special family dinners on the water.

Status Change Information

Major Change Timestamp: 2023-11-11T09:28:17Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-01-05T18:56:01Z
Status Change Timestamp: 2019-04-24
Purchase Contract Date: 2019-04-24
Close Date: 2019-04-24
Close Price: 975000

More Information

Building Features

% Air Conditioned or Heated: 75
Clear Ceiling Height: 4188

Income and Expenses

Insurance Expense: 25686
New Taxes Expense: 5246.25
Supplies Expense: 25357

Historical Information

Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Proforma-Gross Sched Income: 1154986.01, Expenses-Utilities: 63746, Expenses-Maint & Repair: 30211, Expenses-Advertising: 10849, Expenses-Accounting & Legal: 11397

Listing Office: Melbourne Realty, Inc.

Last Updated: June - 27 - 2026

Information is deemed to be reliable, but is not guaranteed.