
Commercial Sale · Restaurant
5611 US HIGHWAY 19, PALMETTO, FL, 34221
Active124 days on marketListed Apr 3, 2026MLS #A4688695
About this property
The property at a glance
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
5,023
Building sq ft
$498
Price / sq ft
0.84
Lot acres
1954
Year built
1
Building
PDMU
Zoning
Restaurant
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$11,920/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
54,923
Population
$74,314
Median income
46.6
Median age
2.63
Avg household
$298,200
Median home value
$1,459/mo
Median rent
4,466
Households w/ kids
Recent sales
What actually sold near 5611 US HIGHWAY 19
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

$515,000
501 & 505 11TH STREET DRIVE W
5,636 sqft · $91/sqft · Sold Oct 31, 2025

$18,696
312 7TH STREET W
3,129 sqft · $6/sqft · Sold Jan 1, 2025

$675,000
1608 28TH STREET COURT E
3,030 sqft · $223/sqft · Sold Sep 9, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 5611 US HIGHWAY 19 — start here.

Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5611 US HIGHWAY 19.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of RE/MAX ALLIANCE GROUP · Lily Behrends. MLS #A4688695.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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