About This Home

This 0-bedroom, 6-bathroom commercial at 4845 Dixie Highway NE in Palm Bay, FL is listed for $4,999,982 ($878 per sqft). Built in 1956, the home offers 5,692 sqft of living space on a N/A lot.

Key Features

  • Built in 1956

Property Details

6 full
1956
Listing Description

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

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

4845 Dixie Highway NE

Palm Bay, FL 32905

Questions & Answers

This 0-bedroom, 6-bathroom commercial at 4845 Dixie Highway NE is listed at $4,999,982 ($878/sqft). The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956.

This property is listed by Marcie W Bolt.

MB

Marcie W Bolt

Agent at Engel & Völkers Melbourne Downtown

Listed by Engel & Völkers Melbourne Downtown · Broker phone: 3212545275 · Broker website

MLS# 1078162· Source: Engel & Völkers· Added to PropertySimple today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4845 Dixie Highway NE, Palm Bay, FL 32905

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