4720 Dixie Highway NE, Palm Bay, FL 32905

$1,275,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/966679

Property Type: Commercial Sale Baths: 2 Square Footage: 3,376 Lot Size (sq. ft.): 44,867 Status: Closed

Current Price: $1,275,000 List Date: 6/04/2023 Last Modified: 7/01/2026

Overview

Description

Seller Financing Now Available! Riverfront Turn-Key real estate & business opportunity. 125 seat restaurant for sale. 1 year old with new roof, a/c's, hood etc. & fully equipped. Current operation has trained staff, fixtures & furniture, large outdoor covered deck on busy US-1 with amazing river views incl. water rights! Surrounded by dense residential & Brevard tech & defense companies. Entering establishment, one will quickly see professional detail & no expense spared approach as entire build was directed by a corporate vision for quality and service. Subj. prop. occupies over 1 acre w/50 pking & can easily adopt drive-thru service & add a second floor to the decking as the business grows. Traffic count of 20,000+ cars per/da

Listing Details MLS# 966679

General Property Information

Number Of Units Total: Yes
Stories Total: Yes
Bathrooms Total: 2
Building Area Total: 3376
Year Built: 1984
Lot Size Acres: 1.03
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: 414.4
Sold Price/SqFt: 377.67

Property Features

Construction Materials: Concrete Cooling: Central Air Current Use: Commercial Flooring: Carpet; Tile Heating: Central Listing Terms: Cash; Conventional; Private Financing Available Lot Features: Other Parking Features: Parking Lot Possession: Close Of Escrow; Negotiable Roof: Metal; Rolled/Hot Mop Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Call Listing Agent Special Listing Conditions: Corporate Owned Water Source: Public Waterfront Features: River Front

Contract Information

Original List Price: 1399000
Listing Contract Date: 2023-05-19
Property Sub Type: Business

Location Tax and Legal

Street Number: 4720
Street Name: Dixie
Street Suffix: Highway
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: Palm Bay Estates 1st Unit

Remarks and Miscellaneous

Public Remarks: Seller Financing Now Available! Riverfront Turn-Key real estate & business opportunity. 125 seat restaurant for sale. 1 year old with new roof, a/c's, hood etc. & fully equipped. Current operation has trained staff, fixtures & furniture, large outdoor covered deck on busy US-1 with amazing river views incl. water rights! Surrounded by dense residential & Brevard tech & defense companies. Entering establishment, one will quickly see professional detail & no expense spared approach as entire build was directed by a corporate vision for quality and service. Subj. prop. occupies over 1 acre w/50 pking & can easily adopt drive-thru service & add a second floor to the decking as the business grows. Traffic count of 20,000+ cars per/da

Status Change Information

Major Change Timestamp: 2024-07-11T14:51:41Z
Major Change Type: Status Change
Status Change Timestamp: 2024-07-11
Purchase Contract Date: 2024-05-15
Close Date: 2024-07-10
Close Price: 1275000

More Information

Building Features

% Air Conditioned or Heated: 80
Clear Ceiling Height: 10

Unit 1 Details

Furnished: Furnished
Unit ID: No
Annual Rent: 0
Unit SqFt: 0
Unit Remarks: No

Historical Information

Public Historical Remarks 3: Legal/Misc-Home Warranty: No

Location, Tax, and Legal

Tax Account: 2833686
Parcel Number: 28-37-25-Fq-00003.0-0010.00
General County Location: South
Tax Annual Amount: 11274.3
Tax Year: 2022
Tax Legal Description: PALM BAY ESTATES 1ST UNIT LOTS 10,11,12,17,18 & 19 BLK 3 IN 28-37/38-25/30 & PT OF GOVT LOT 1 E OF HWY 1 IN 28-38-30 AS
Directions: Dixie Highway, NE (US 1) South of Port Malabar Road. On the West Side of the Highway. Overlooking the Indian River. Station 49

Construction Materials

Concrete: Yes

Cooling

Central Air: Yes

Current Use

Commercial: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Private Financing Available: Yes

Lot Features

Other: Yes

Parking Features

Parking Lot: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Roof

Metal: Yes
Rolled/Hot Mop: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Corporate Owned: Yes

Water Source

Public: Yes

Waterfront Features

River Front: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Sale Includes

Building & Land: Yes
Business with Real Estate: Yes
Furniture, Fixtures and Equipment: Yes

Listing Office: Engel&Voelkers Melb Beachside

Last Updated: July - 01 - 2026

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