Last updated on May 30th, 2026

Waterfront Restaurant and Tiki Bar

$4,999,982

4845 Dixie Hwy NE, Palm Bay, Florida 32905


Building Size5,692 Square Feet
Land Size0.74 Acres
ZoningHC

Exceptional opportunity to acquire an iconic waterfront restaurant and entertainment destination located directly along the Indian River in Palm Bay, Florida. This rare offering includes both the operating business and prime waterfront real estate situated on approximately 0.74 acres with highly visible US1 frontage.

The property features approximately 4,135 SF of restaurant space plus a secondary building currently configured as storage space and apartment/living quarters, creating additional operational flexibility for ownership, management, or future adaptive use potential.

Designed as a true destination-style venue, the property offers expansive indoor and outdoor dining areas, tiki-style entertainment spaces, dock infrastructure, wood decks, covered patio areas, waterfront seating, and significant on-site parking. The combination of riverfront atmosphere, visibility, and entertainment-driven layout creates a hospitality experience that is difficult to replicate in today’s market.

This well-established venue has developed strong local recognition and serves as a popular gathering destination for waterfront dining, live entertainment, events, and social experiences throughout the Space Coast region.

Property Highlights:

• Approximately 0.74 acres of waterfront commercial property

• Direct Indian River frontage

• Prime US1 visibility and access

• Established waterfront restaurant and entertainment venue

• Approximately 4,135 SF restaurant building

• Secondary building with storage and apartment/living quarters

• Dock and waterfront infrastructure

• Expansive outdoor dining and entertainment areas

• Significant parking and site improvements

• Rare opportunity to acquire both business and waterfront real estate

• Potential long-term redevelopment and investment upside

Ideal opportunity for hospitality operators, waterfront restaurant groups, entertainment venue operators, investors, or buyers seeking a landmark waterfront commercial asset in one of Florida’s fastest-growing coastal markets.

Confidential financial information available to qualified buyers with signed NDA.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


Powered by TotalCommercial.com