$1,099,000
Palm Bay, FL 32905
MLS# 839401
Status: Closed
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Property Description
Riverfront Restaurant with view and access to the Indian River, which is part of the Intracoastal Waterway. Restaurant has frontage on US Hwy 1 (aka Dixie Hwy) in Palm Bay. Palm Bay is just south of Melbourne. Palm Bay has 100,000 residents. This property has a 4750 sq ft concrete building with an attached wood deck with additional seating space that overlooks the river. Stairs lead down from the deck to the dock and shoreline. This property is located within City of Palm Bay Bayfront Redevelopment District, and the District may offer incentives for improvement to the property. There is an ample paved parking lot with 18,896 sq ft = approx. 45 parking spaces. . Seller financing may be available for a qualified buyer with a large down payment. The lot is 1.06 acres.
Details
Maps
Contract Information
Current Price: $900,000
Original List Price: 1099000
Sold Price: $900,000
Status: Closed
Listing Contract Date: 2019-03-11
Property Sub Type: Business
Location, Tax, and Legal
Street Number: 4445
Street Name: Dixie
Street Suffix: Highway
Street Direction Suffix: NE
Tax Account: 2832837
Parcel Number: 28-37-24-29-00000.0-0009.02
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
General County Location: South
Subdivision Name: None
Tax Year: 2018
Tax Legal Description: HOPSONS SUBD PART OF LOTS 9 & 10 LYING EAST OF US HWY NO 1 AS DES IN ORB 1624 PG 422 EXC ORB 5010 PGS 1582 & 1585
Directions: Highway US 1 aka Dixie Hwy, South of 192
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 4750
Year Built: 1944
Lot Size Acres: 1.06
Property Use: C-RESTAURANT / CAFETERIA (2100)
Use Code: 21 / RESTAURANTS, CAFETERIAS
Association YN: No
Waterfront YN: Yes
Water Body Name: Indian River
List Price/SqFt: 231.37
Sold Price/SqFt: 189.47
Remarks and Miscellaneous
Public Remarks: Riverfront Restaurant with view and access to the Indian River, which is part of the Intracoastal Waterway. Restaurant has frontage on US Hwy 1 (aka Dixie Hwy) in Palm Bay. Palm Bay is just south of Melbourne. Palm Bay has 100,000 residents. This property has a 4750 sq ft concrete building with an attached wood deck with additional seating space that overlooks the river. Stairs lead down from the deck to the dock and shoreline. This property is located within City of Palm Bay Bayfront Redevelopment District, and the District may offer incentives for improvement to the property. There is an ample paved parking lot with 18,896 sq ft = approx. 45 parking spaces. . Seller financing may be available for a qualified buyer with a large down payment. The lot is 1.06 acres.
Status Change Information
Major Change Timestamp: 2019-12-30T17:18:08Z
Major Change Type: Status Change
Status Change Timestamp: 2019-12-30
Purchase Contract Date: 2019-10-09
Close Date: 2019-12-30
Close Price: 900000
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 4750
Property Features
Building Features: Kitchen Facilities; Restaurant; Storage
Construction Materials: Block; Concrete
Cooling: Central Building; Electric
Current Use: Commercial
Flooring: Terrazzo; Tile
Heating: Central
Listing Terms: Cash; Conventional; Private Financing Available
Lot Features: Other
Possession: Close Of Escrow
Roof: Tar/Gravel
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only
Utilities: Natural Gas Available
Water Source: Public
Waterfront Features: River Front
Supplements
acres.
Listing Office: Coldwell Banker Realty
Last Updated: December - 13 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.