4845 Dixie Highway NE Palm Bay, FL ^$ 5,999,982

4845 Dixie Highway NE

^$ 5,999,982

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4845 Dixie Highway NE

Palm Bay, FL, 32905

^$ 5,999,982

Studio Baths0.0 Sq 5,692

Monthly Estimate*

^$ 41,912

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View a Virtual Tour

Studio

Commercial Property for sale in Palm Bay, FL

for $5,999,982. This 5,692 square foot building was built in 1956 on a lot size of 0.74.

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.

Commercial Active

Price

^$ 5,999,982

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 15,979

Style

Business

Lot Size

0.74

Year Built

1956

Town/City

Palm Bay

County/Region

Brevard

MLS | Web ID

967416

Features

General

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 N

Status Active

Directions US 1 South of Palm Bay Road

City Palm Bay

Body of Water Indian River

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area 340 - NE Palm Bay

Lot Size Square Feet 32234.4

Waterfront Y/N Y

Street Name Dixie

Land Lease Y/N N

Tax Annual Amount 15979.7

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor 340 - NE Palm Bay

Additional Parcels Y/N N

Lease Considered Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/spc/967416

Standard Status Active

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

Flooring Tile

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Highway

Electric On Property Y/N N

Total Baths 0

Exterior

Water Source Public

Inclusions {u'Business with Real Estate': True}

Lot Size Area 0.74

Spa N

Lot Size Acres 0.74

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4845

* Excluded Features

List By

Engel&Voelkers Melb Beachside

Broker

marcie.bolt@evrealestate.com

Affordability Calculator

$43,243

Per Month

Monthly Principal & Interest: $41,912
Monthly Property Taxes: $1,332
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Palm Bay, FL

Average List Price ^$1,259,634

Percent of Sale Price 79%

About Palm Bay, FL

114,606 Population

45% Since 2002

^$44,162 Median Income

40.87 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1363035 Elementary School

1362897 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/13/2023	$5,999,982		Listed Price

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4845 Dixie Highway NE, Palm Bay, FL, 32905 is a Commercial Property for sale at $5,999,982 with 5,692 sqft and a lot size of 0.74. 4845 Dixie Highway NE is a studio with 0.0 baths and was built in 1956. The property's zip code is 32905 which is in Palm Bay, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Copyright 2006, the Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. All rights reserved.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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4845 Dixie Highway NE

Commercial Property for sale in Palm Bay, FL

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