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$1,249,982

  • For Sale
  • Active
  • Business
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Turn-key restaurant facility on 1.03 acres along busy Dixie Hwy NE with direct Indian River views. Currently operating as a restaurant, this property offers a fully equipped commercial kitchen, flexible dining layout, ample parking, and a large open patio overlooking the river. Most FF&E conveys with the real estate for immediate operational use. Located in Highway Commercial (HC) zoning, allowing a wide range of commercial uses. The surrounding area is experiencing strong growth with new multifamily developments underway, adding to future customer demand. Buyers interested in continuing operations may inquire about optional operational components, which can be discussed confidentially. Ideal opportunity for operators, investors, or redevelopment in a high-traffic corridor.

Full Property Details for 4720 Dixie Hwy NE

General

  • Price: $1,249,982
  • Taxes: $11,274 (2022)
  • Status: Active
  • Type: Business
  • Source: BrevardCounty
  • MLS ID: 1064222
  • Updated: 12/12/2025
  • Added to Site: 37 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Additional Information

  • Security/Safety: Fire Alarm, Smoke Detector(s)

Parking

  • Parking Features: Parking Lot

Location

  • Area: 340 - NE Palm Bay
  • County: Brevard
  • Subdivision: Palm Bay Estates 1st Unit
  • Driving Directions: Dixie Highway, NE (US 1) South of Port Malabar Road. On the West Side of the Highway. Overlooking the Indian River. Station 49

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Concrete
  • Roof: Metal, Rolled/Hot Mop
  • Stories/Levels: 1
  • Square Feet: 3,376
  • Living Area: 3,376 Sq. Ft.
  • Current Bldg. Use: Commercial
  • Year Built: 1984

Unit Information

  • Units in Building: 1

Lot Features

  • Lot Size (Acres): 1.03
  • Lot Size (Sq. Ft.): 44,866.8
  • Lot Features: Other

Water Features

  • Water Front: Yes
  • Water Front Name: Indian River

Financial Considerations

  • Price Per Sq. Ft.: $370.26
  • Tax Amount: $11,274.3
  • Tax Year: 2022
  • Terms: Cash, Conventional, Private Financing Available

Disclosures and Reports

  • Property ID: 28-37-25-Fq-00003.0-0010.00

Listed by Engel&Voelkers Melb Beachside

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— 4720 Dixie Hwy NE —

  • Engel&Voelkers Melb Beachside

  • Engel&Voelkers Melb Beachside

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4720 Dixie Hwy NE

School District:Brevard County School District
NameGradesDistance
Palm Bay Elementary School
1200 Alamanda Rd Ne, Palm Bay, FL 32905
PK-61.2 mi
Palm Bay Magnet Senior High School
101 Pirate Lane, Melbourne, FL 32901
9-123.3 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-83.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4720 Dixie Hwy NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$1,249,982
18.15%
MLS
7/01/2024
Sold
$1,058,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4720 Dixie Hwy NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,297
19%
$791,330
11%
2024
$11,980
13%
$710,020
24%
2023
$10,575
—
$571,970
1%
2022
$10,561
52%
$565,770
79%
2021
$6,941
—
$315,800
-14%
2021
$6,941
-18%
$368,860
8%
2018
$8,502
1%
$340,220
6%
2017
$8,399
-3%
$320,000
-8%
2019
$8,639
21%
$346,230
15%
2016
$7,147
5%
$300,000
9%
2015
$6,783
-2%
$275,000
—
2014
$6,888
-2%
$275,000
—
2013
$7,010
—
$275,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Engel&Voelkers Melb Beachside

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4720 Dixie Highway NE, Palm Bay, FL 32905 (MLS# 1064222) is a Business property. 4720 Dixie Highway NE is currently listed for $1,249,982 and was received on December 12, 2025. Want to learn more about 4720 Dixie Highway NE? Do you have questions about finding other Business real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

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