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Waterfront Restaurant and Tiki Bar

$4,999,982

4845 Dixie Highway Northeast, Melbourne, FL 32905

Active
Last Updated: 06/01/2026

5,692 sqft

Building Size

0.74 sqft

Lot Area

Details:
Building Size:    5,692 sqft
Lot Area:    0.74 sqft
Year Built:    1956
Description:

Directly on the water with breathtaking river views, this iconic waterfront destination is situated on approximately 0.74 acres and features a 4,135 SF restaurant building, a 1,557 SF secondary building, expansive outdoor dining and entertainment areas, and a private dock overlooking the Indian River. Operating successfully with positive cash flow, the property offers a rare opportunity to acquire an established business with room for continued growth and expansion. Guests are drawn to the relaxed waterfront atmosphere, live entertainment, and unforgettable setting that extends well beyond the dining experience. The opportunity also includes an additional ±0.90 acres of easement area, bringing the potential combined area to approximately 1.64 acres. With its established income stream, waterfront location, entertainment appeal, and long-term growth potential, this offering represents a truly exceptional Space Coast investment opportunity.

Ideal for restaurateurs, hospitality groups, entertainment operators, investors, and entrepreneurs seeking a highly visible waterfront destination asset with long-term growth potential.

Confidential financial information available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA).

Investment Highlights:
-Direct Indian River Waterfront Location
-Established Restaurant, Tiki Bar & Entertainment Destination
-Prime US1 Frontage with Exceptional Visibility
-Approximately 0.74 Acres of Waterfront Real Estate
-Additional ±0.90 Acres of Easement Area
-Potential Combined Area of Approximately 1.64 Acres
-Private Dock & Waterfront Infrastructure
-Expansive Indoor & Outdoor Dining & Entertainment Areas
-Secondary Building with Storage & Living Quarters
-Significant Parking & Site Improvements
-Redevelopment, Expansion & Long-Term Investment Potential

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