ActiveUnimproved Land
429 & 427 S Babcock Street, Melbourne, FL 32901
Melbourne, FL 32901 · MLS #1039393The residence
About this property
Prime Midtown Melbourne Commercial Opportunity - 0.42 Acres Centrally located in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this 0.42-acre C-2 Commercial property offers 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT. Melbourne and Florida's Space Coast are experiencing unprecedented growth, attracting an influx of highly skilled, well-paid professionals. Key drivers include no state income tax, corporate tax incentives, major mergers, and a thriving start-up scene. With three major residential projects planned for Downtown Melbourne, the area's future looks exceptionally bright. From start-ups and mid-sized enterprises to industry giants, the Space Coast is home to a dynamic and innovative business ecosystem across multiple sectors. Shown by appointment only. Don't miss this prime investment opportunity!
At a glance
Property details
- Property type
- Unimproved Land
- Listing type
- For sale
- Status
- Active
- Lot size
- 18,295 sq. ft.
- Subdivision
- None
- County
- Brevard
- Original list price
- $1,000,000
- Listing date
- March 7, 2025
- MLS record updated
- June 26, 2026
- Annual property tax
- $3,418 (2022)
- Listing agent
- James Edmunds
- Listing office
- One Sotheby's International
- MLS number
- 1039393
Neighborhood & location
Explore None
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
- Elementary school
- Harbor City
- Middle school
- Hoover
- High school
- Melbourne
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $4,040
- Property taxes
- $285
- Homeowners insurance
- $400
- Estimated total
- $4,725
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.
Continue your search
Similar properties nearby
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.