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6 Baths
5,692 sqft

$4,999,982

4845 Dixie Highway NE, Palm Bay FL, 32905

Price per sqft$878.42
Built in1956
Property size5,692 sqft
Property typeCommercial

Overview

Active

Listed May 23, 2026

Updated 2h ago

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

Additional information

MLS® ID
1078162

Interior Features

Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.74 Acres

Other Property Details

Taxes
$19,108
Tax Frequency
Annually
Waterfront
Yes

Courtesy of Engel & Volkers Melbourne, Marcie W Bolt,
Listing Contact: 321-254-5275 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Reilly shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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