5611 Us Highway 19, Palmetto, FL 34221
sale
$2,500,000
|
Other
Courtesy Of RE/MAX Alliance Group
Located at 5611 US 19, this exceptional waterfront property-formerly known as Crab Trap I and The Sea Hut / Catcher's Net-is now available for sale. Positioned along one of Florida's most traveled corridors with 350 feet of frontage and set on the shores of Terra Ceia Bay, this highly visible corner offers stunning water and mangrove views, creating the perfect backdrop for unforgettable sunsets and an authentic Florida dining experience. The expansive outdoor space is designed for entertainment, featuring a spacious lawn area perfect for live music and events, a charming tiki bar, and an additional floating deck overlooking the water-offering multiple revenue-generating opportunities and a vibrant guest atmosphere. The property has already undergone significant renovations, including new electrical, new A/C, and new windows, and to help a new owner bring their vision to life, the seller is offering an improvement allowance to put toward a new roof and finishing the interior buildout. Existing infrastructure includes the original hood system and grease traps, providing a valuable head start for restaurant operations. A 4COP QUOTA liquor license is available for purchase separately-a quota license allows package sales with no food requirement, making the property ideal for use as a liquor store, bar, or destination restaurant, as well as an event venue or a variety of other commercial uses. With PDMU/CH general commercial zoning, 55 parking spaces, and high traffic exposure on US 19 in a rapidly growing area, this is a rare opportunity to establish a thriving business-or to reimagine the site through redevelopment-in a prime waterfront setting. Owner financing may be available for qualified buyers. Property Highlights Waterfront on Terra Ceia Bay with panoramic water and mangrove views 350' of frontage and signage on US-19 - exceptional visibility and traffic exposure 0.83-acre corner lot with 55 parking spaces Seller-offered improvement allowance toward a new roof and interior buildout 4COP quota liquor license available separately (package sales, no food requirement) Versatile use: restaurant, bar, liquor store, event venue, or other commercial uses Recent improvements: new electrical, new A/C, and new windows Original hood system and grease traps in place - a head start for restaurant buildout Multiple revenue areas: event lawn, tiki bar, and floating deck over the water PDMU/CH general commercial zoning - strong redevelopment potential Owner financing may be available for qualified buyers
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Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Cooling System: Central Air
- Exterior Type: Frame
- Floor Covering: Tile
- Legal Description: THAT PORTION OF THE FOLLOWING DESC LAND LYING BETWEEN THE N LN OF TAMPA GAP DRAIN AND THE SLY R/W OF U.S. HWY 19, AND S.R. POPERTY LYING IN U.S. LOT 1, SEC 35, TWP 33 S, RNG 17 E; BEG AT THE SE COR OF NE1/4 OF SD SEC 35; TH S A DIST OF 610 FT, TO A P T WHICH IS 50 FT S OF THE S LN OF TAMPA GAP DRAIN FOR A POB; TH GO N ON SD E LN OF SEC 35 TO ITS INTERSECTION WITH
- MLSID: A4688695
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