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$2,500,000

5611 Us Highway 19 Palmetto, FL 34221 Commercial - Active

  • 5611 Us Highway 19, Palmetto, FL 34221 Main Photo

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Description

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 HighlightsWaterfront on Terra Ceia Bay with panoramic water and mangrove views350' of frontage and signage on US-19 - exceptional visibility and traffic exposure0.83-acre corner lot with 55 parking spacesSeller-offered improvement allowance toward a new roof and interior buildout4COP quota liquor license available separately (package sales, no food requirement)Versatile use: restaurant, bar, liquor store, event venue, or other commercial usesRecent improvements: new electrical, new A/C, and new windowsOriginal hood system and grease traps in place - a head start for restaurant buildoutMultiple revenue areas: event lawn, tiki bar, and floating deck over the waterPDMU/CH general commercial zoning - strong redevelopment potentialOwner financing may be available for qualified buyers

Property Highlights

Property Type: Commercial -
Cooling: Central Air
Lot Size: 0.84 Acres
Taxes: $6,226
Year Built: 1954

General Information

County: Manatee
Subdivision: ACREAGE
Listed By:
Lily Behrends RE/MAX ALLIANCE GROUP 941-360-7777

Property Features

Building: Bathrooms, Outside Storage
Days on Site: 91
Directions: I-75 Toward Lakehurst 69th St East 5.4 miles to US 41 S., left to 61st E. / Palm View Rd to US 19 to Restaurant
Exterior: Frame
Flood Zone Code: AE
Flooring: Other, Tile
Foundation: Other
Home Warranty Y/N: No
Lot: Corner Lot, Waterfront
Lot Dimensions: 0.84
Other Structures: Storage
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Restaurant
Showing Instructions: Appointment Only, Call Listing Agent, Contact Call Center, Listing Agent Must Accompany
Special Sale Provisions: None
Vegetation: Wooded
Water Access Y/N: No
Zoning: PDMU
$2,500,000
Active
BEDS0 BATHS SQUARE FEET5,023 MLS#A4688695
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONACREAGE

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5611 Us Highway 19, Palmetto, FL 34221.

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About this area

Florida/Palmetto
Palmetto

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About Palmetto

Palmetto is a growing suburban area located between the Manatee River and Terra Ceia Bay. The city is perfect for people looking for an active lifestyle that involves nature and community activities. Palmetto’s location keeps residents close to major employers, but also allows for a smaller town lifestyle that embraces a slower pace. Weekends are perfect for boating and golfing, or attending one of the many events and festivals that take place in Palmetto year round. The area is great for people of all ages with homes ranging from affordable condos and single family options to waterfront estates.


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