ActiveBusiness
429 S Babcock Street, Melbourne, FL 32901
Melbourne, FL 32901 · MLS #1039392The residence
About this property
Prime Midtown Melbourne Development Opportunity - $2.25M Exciting new plans, approvals, and a full build-out are now available for the addition of new gas tanks, four gas pumps with eight nozzles at this premier location. Strategically positioned in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this C-2 Commercial zoned property boasts 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT. Melbourne and Florida's Space Coast are experiencing exponential growth, driven by an influx of highly skilled, well-paid professionals. The area's appeal continues to rise due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem. With multiple major residential and commercial developments planned for Downtown Melbourne, the future of this rapidly expanding market looks exceptionally bright. Don't miss this rare investment opportunity!
At a glance
Property details
- Property type
- Business
- Listing type
- For sale
- Status
- Active
- Bathrooms
- 1
- Living area
- 3,100 sq. ft.
- Year built
- 1965
- Lot size
- 18,295.2 sq. ft.
- County
- Brevard
- Original list price
- $2,250,000
- Listing date
- March 7, 2025
- Annual property tax
- $3,418 (2022)
- Listing agent
- James Edmunds
- Listing office
- One Sotheby's International
- MLS number
- 1039392
Neighborhood & location
Explore Melbourne
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $11,377
- Property taxes
- $285
- Homeowners insurance
- $1,125
- Estimated total
- $12,787
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of One Sotheby's International, 321-984-3135.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.