ActiveMixed Use
4845 Dixie Highway NE, Palm Bay, FL 32905
Palm Bay, FL 32905 · MLS #1078162The residence
About this property
Rare opportunity to acquire an established waterfront hospitality venue together with the underlying real estate along the Indian River in Palm Bay, Florida. The offering includes approximately ±0.74 acres of owned waterfront real estate improved with a ±4,135 SF restaurant building and a ±1,557 SF secondary building currently utilized for storage and living quarters. The Shack Riverfront Restaurant & Outback Tiki Bar is an established local destination featuring waterfront dining, a full-service tiki bar, indoor and outdoor dining and entertainment areas, regular live entertainment, and private dock infrastructure. The sale includes the operating business, real estate, FF&E, and related business assets. An additional ±0.90-acre easement area approved for parking provides valuable parking capacity to support the operation. Located along highly visible US-1 in Florida's growing Space Coast market, this offering provides an opportunity for an owner-operator, restaurant or hospitality
At a glance
Property details
- Property type
- Mixed Use
- Listing type
- For sale
- Status
- Active
- Bathrooms
- 6
- Living area
- 5,692 sq. ft.
- Year built
- 1956
- Lot size
- 32,234.4 sq. ft.
- Subdivision
- None
- County
- Brevard
- Original list price
- $4,999,982
- Listing date
- May 23, 2026
- MLS record updated
- October 29, 2026
- Annual property tax
- $19,108 (2025)
- Listing agent
- Marcie W Bolt
- Listing office
- Engel & Volkers Melbourne
- MLS number
- 1078162
Neighborhood & location
Explore None
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $25,283
- Property taxes
- $1,592
- Homeowners insurance
- $2,500
- Estimated total
- $29,375
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Engel & Volkers Melbourne, 321-254-5275.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.