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.

 

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