249 5th Ave, Indialantic, FL 32903

Turnkey Grocery Store – Fully Built Out & Ready for Immediate Occupancy: The property offers a complete grocery store infrastructure, eliminating the need for upfront capital expenditures. A new operator can step in and begin serving customers on day one.

Business-Friendly State With No Income Tax: Located in Florida— one of only nine U.S. states with no state income tax—this opportunity provides significant long-term financial and business advantages for ownership and operators.

Exceptional Demographics: Positioned within a highly desirable trade area with 79,058+ residents within a 5-mile radius. The city boasts an impressive average household income of $127,000, supporting strong consumer spending and demand for specialty grocery concepts.

Strategic, High-Visibility Location: Situated along one of the county’s most picturesque and sought-after corridors—5th Avenue in the heart of Indialantic, connecting directly into downtown Melbourne. The site benefits from 21,000+ vehicles per day (VPD) and steady year-round traffic from locals, tourists, and beachgoers.

Rapid Economic & Population Growth: The region continues to surge due to major aerospace and defense expansions. The nearby Kennedy Space Center and Cape Canaveral Space Force Station draw global industry leaders such as SpaceX, Boeing, and Blue Origin, creating thousands of high-paying and technically skilled positions.

Regional Anchor for Tourism & Commerce: Port Canaveral, one of the nation’s leading cruise and cargo ports, attracts millions of passengers annually. This influx of travelers fuels demand for grocery, dining, entertainment, and hospitality—further supporting strong foot traffic and retail activity in the surrounding area.

Rare Rooftop Dining Experience: One of the few rooftop bar/ restaurant concepts in the market, providing a unique competitive advantage and the ability to capture premium pricing, events, and nightlife revenue.