5611 US HIGHWAY 19
Palmetto, FL, 34221 $ 2,500,000
Bedrooms-- Baths-- Sq 5,247 Monthly Estimate*
$ 15,785
for $2,500,000. This 5,247 square foot building was built in 1954 on a lot size of 0.84.
Located at 5611 US 19, this exceptional waterfront property—formerly known as Crab Trap I and The Sea Hut / Catcher's Net—is now available for sale. Positioned along one of Florida's most traveled corridors with 350 feet of frontage and set on the shores of Terra Ceia Bay, this highly visible corner offers stunning water and mangrove views, creating the perfect backdrop for unforgettable sunsets and an authentic Florida dining experience. The expansive outdoor space is designed for entertainment, featuring a spacious lawn area perfect for live music and events, a charming tiki bar, and an additional floating deck overlooking the water—offering multiple revenue-generating opportunities and a vibrant guest atmosphere. The property has already undergone significant renovations, including new electrical, new A/C, and new windows, and to help a new owner bring their vision to life, the seller is offering an improvement allowance to put toward a new roof and finishing the interior buildout. Existing infrastructure includes the original hood system and grease traps, providing a valuable head start for restaurant operations. A 4COP QUOTA liquor license is available for purchase separately—a quota license allows package sales with no food requirement, making the property ideal for use as a liquor store, bar, or destination restaurant, as well as an event venue or a variety of other commercial uses. With PDMU/CH general commercial zoning, 55 parking spaces, and high traffic exposure on US 19 in a rapidly growing area, this is a rare opportunity to establish a thriving business—or to reimagine the site through redevelopment—in a prime waterfront setting. Owner financing may be available for qualified buyers. Property Highlights Waterfront on Terra Ceia Bay with panoramic water and mangrove views 350' of frontage and signage on US-19 — exceptional visibility and traffic exposure 0.83-acre corner lot with 55 parking spaces Seller-offered improvement allowance toward a new roof and interior buildout 4COP quota liquor license available separately (package sales, no food requirement) Versatile use: restaurant, bar, liquor store, event venue, or other commercial uses Recent improvements: new electrical, new A/C, and new windows Original hood system and grease traps in place — a head start for restaurant buildout Multiple revenue areas: event lawn, tiki bar, and floating deck over the water PDMU/CH general commercial zoning — strong redevelopment potential Owner financing may be available for qualified buyers
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FeaturesGeneralCooling Central Air
Zoning PDMU
Construction Materials Wood Frame
Year Built 1954
Property Subtype Restaurant
Tax Year 2025
Ownership Fee Simple
Waterfront Features Waterfront
County Manatee
New Construction false
Property Type Commercial Sale
Subdivision Name ACREAGE
Building Features Bathrooms Outside Storage
Other Structures Storage
Status Active
Directions I-75 Toward Lakehurst 69th St East 5.4 miles to US 41 S. left to 61st E. / Palm View Rd to US 19 to Restaurant
City PALMETTO
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 36434
Tax Annual Amount 6226
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4688695
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 1
Legal Description THAT PORTION OF THE FOLLOWING DESC LAND LYING BETWEEN THE N LN OF TAMPA GAP DRAIN AND THE SLY R/W OF U.S. HWY 19 AND S.R. POPERTY LYING IN U.S. LOT 1 SEC 35 TWP 33 S RNG 17 E; BEG AT THE SE COR OF NE1/4 OF SD SEC 35; TH S A DIST OF 610 FT TO A P T WHICH IS 50 FT S OF THE S LN OF TAMPA GAP DRAIN FOR A POB; TH GO N ON SD E LN OF SEC 35 TO ITS INTERSECTION WITH
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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InteriorFlooring Other Tile
Air Conditioning Y/N true
Total Baths 0
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ExteriorVegetation Trees
Lot Features Corner Lot Waterfront
Lot Size Area 36434
Foundation Details Other
Number of Buildings 1
Building Area Total 5023
Lot Size Acres 0.84
Road Surface Type Gravel
Waterfront Y/N false
Road Frontage Type County Road
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* Excluded FeaturesList Bybuywithlily@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,785
- Monthly Property Taxes
- $519
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Palmetto, FL
Average List Price $1,899,833
Percent of Sale Price 24%
About Palmetto, FL 14,497 Population
13% Since 2002
$ 50,571 Median Income
42.12 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/4/2026 | $2,500,000 | | Listed Price |