5611 Us Highway 19, Palmetto, FL 34221 | For Sale

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For Sale $2,500,000 ($476.46 per Sq Ft)

$2,500,000 ($476.46 per Sq Ft)
  • (0)
  • Units
  • 5,247 Sq Ft
  • 36,434 Sq Ft
  • Unknown Cap Rate

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 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.
**New Electrical **New A/C**New Windows
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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $2,500,000
Property Type Hotel & Restaurants
Usable Sqft 5,247
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1954
Last Sold Unknown
Sold Price Unknown
APN # 2232200002
MLS # A4688695
Property ID 316427301
Lot Sqft 36,434
Zoning PDMU
Days on Market 60
Original List Price $2,500,000
Date Updated April 07, 2026
Date Created April 01, 2026

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Lily Behrends an agent of . Lic #3152514


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 07, 2026 The information being provided is 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.



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