429 & 427 S Babcock Street Melbourne, FL $ 1,000,000
429 & 427 S Babcock Street
$ 1,000,000
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429 & 427 S Babcock Street

Melbourne, FL, 32901
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,985

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429 & 427 S Babcock Street, Melbourne, FL 32901 - Image 13
429 & 427 S Babcock Street, Melbourne, FL 32901 - Image 14
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Studio

Lots and Land for sale in Melbourne, FL

for $1,000,000. The lot size is 0.42.

Nestled centrally in Midtown Melbourne between the Eau Gallie & Melbourne Causeways. .42 Acres zoned C-2 Commercial. 150 Ft of frontage on Babcock St. High Traffic Count -21,000 AADT. The Space Coast and Melbourne in particular are experiencing exponential growth. An influx of highly skilled and well paid workers have migrated into the area due to no state income taxes, tax incentives for large companies, corporate mergers, and small start ups. With three major residential projects planned for Downtown, the future for Melbourne and Florida's booming Space Coast is looking very bright. From start-ups and mid-sized enterprises to high-tech goliaths, the Space Coast corporate neighborhood hosts an impressive group of innovative organizations in a variety of sectors. Show by appointment.

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Lots and Land Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,418

Style

Unimproved Land

Lot Size

0.42

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

972986

Features
General
Utilities Sewer Connected
Possession Close Of Escrow
Property SubType Unimproved Land
Tax Year 2022
Current Use Commercial
County Brevard
Property Type Land
HOA / Comm Assn N
Subdivision Name None
Status Active
Directions Harbor City Blvd. to S on Babcock on left before RR tracks. Or North on Babcock St. 200 feet after crossing RR tracks. Across Babcock St fromNeiman Ave.
High School Melbourne
City Melbourne
View Y/N N
Senior Community Y/N N
MLS Area 323 - Eau Gallie
Lot Size Square Feet 18295.0
Waterfront Y/N N
Street Name Babcock
Elementary School Harbor City
Land Lease Y/N N
Tax Annual Amount 3418.39
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 323 - Eau Gallie
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/972986
Standard Status Active
Legal Description INDIAN RIVER BLUFF AMENDED PLAT NO 2 LOTS 260 262 264 EXC E 10 FT OF LOT 260 & E 10 FT OF N 1/2 OF LOT 262
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Exterior
Water Source Public
Lot Size Area 0.42
Spa N
Lot Dimensions 150x125
Lot Size Acres 0.42
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 429427
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* Excluded Features
List By
One Sotheby's International

Broker

james@jameskedmunds.com

Email

Affordability Calculator

$7,270
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
$285
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362951 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2023$1,000,000 Listed Price

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429 & 427 S Babcock Street, Melbourne, FL, 32901 is a Lots and Land for sale at $1,000,000 with a lot size of 0.42. 429 & 427 S Babcock Street is a studio with 0.0 baths. The property's zip code is 32901 which is in Melbourne, FL