Active
429 S Babcock Street
Melbourne FL, 32901
$2,250,000
$725.81 per sqft
Active
1 Bath
3,100 sqft
Commercial
Built in 1965
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!
1039392
MLSⓇ ID
March 7, 2025
Listed
March 7, 2025
Updated
Interior Features
Total Bathrooms
1
Floor Description
Carpet, Terrazzo
Fireplace
No
Cooling
Yes
Cooling Description
Central Building
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.42 Acres
Lot Features
Other
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Security
Fire Sprinkler System, Smoke Detector(s)
Other Property Details
Area Name
330 - Melbourne - Central
Taxes
$3,418
Tax Frequency
Annually
Garage
No
Parking
Covered
View
No
County
Brevard
Water Source
Public
Courtesy of One Sotheby's International, James Edmunds,
Listing Contact: 321-984-3135
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The McKnight Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.