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Investment Highlights

  • Water Front Dinning
  • On high traffic road

Executive Summary

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 and nestled on Terra Ceia Bay, this highly visible location 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 and is primed for a custom buildout, allowing a new owner to bring their vision to life. 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 and has no food requirements… perfect for a bar or liquor store opportunity.
With high traffic exposure on US 19 in a rapidly growing area, this is a rare opportunity to establish a destination business, restaurant or bar in a prime waterfront setting.
Owner financing may be available for qualified buyers.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,375 SF
Building Class
C
Year Built
1954
Price
$3,469,525 CAD
Price Per SF
$544.24 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
8 Exterior
Building FAR
0.27
Lot Size
0.55 AC
Zoning
PDMU/CH - General Commercial
Parking
55 Spaces (8.63 Spaces per 1,000 SF Leased)
Frontage
350’ on Us-19

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
22322-0000-2
Land Assessment
$209,404 CAD
Improvements Assessment
$252,731 CAD
Total Assessment
$462,135 CAD
  • Listing ID: 39995056

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 5611 US 19, Palmetto, FL 34221

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