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429 S Babcock Street Melbourne, FL $ 2,250,000
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$ 2,250,000 Get more info
429 S Babcock Street
$ 2,250,000
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Share Save

429 S Babcock Street

Melbourne, FL, 32901
$ 2,250,000
Bedrooms-- Baths1.0 Sq 3,100

Monthly Estimate*

$ 14,037

429 S Babcock Street, Melbourne, FL 32901 - Image 1
429 S Babcock Street, Melbourne, FL 32901 - Image 2
429 S Babcock Street, Melbourne, FL 32901 - Image 3
429 S Babcock Street, Melbourne, FL 32901 - Image 4
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Commercial Property for sale in Melbourne, FL

for $2,250,000 with 1 full bath. This 3,100 square foot building was built in 1965 on a lot size of 0.42.

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!

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Commercial Active

Price

$ 2,250,000

Full Bath

1

Property Type

Commercial

Taxes

$ 3,418

Style

Business

Lot Size

0.42

Year Built

1965

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1039392
Features
General
Living Area 3100.0
Sewer Public Sewer
Heating Central
Cooling Central Building
Possession Close Of Escrow
Roof Rolled/Hot Mop
Security Features Fire Sprinkler System Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1965
Property Subtype Business
Tax Year 2022
Current Use Commercial
County Brevard
Property Type Commercial Sale
HOA N
Attached Garage N
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.
City Melbourne
Senior Community Y/N N
Number Of Units Total 1
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 18295.2
Land Lease Y/N N
Tax Annual Amount 3418.39
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 330 - Melbourne - Central
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1039392
Standard Status Active
Taxes 3826.01
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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Interior
Flooring Carpet Terrazzo
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 1
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Exterior
Parking Features Covered
Lot Features Other
Water Source Public
Inclusions Business with Real Estate Building & Land
Lot Size Area 0.42
Spa N
Lot Size Acres 0.42
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 429
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* Excluded Features
List By
One Sotheby's International

Broker

james@jameskedmunds.com

Email

Affordability Calculator

$14,322
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$285
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/7/2025$2,250,000 Listed Price

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429 S Babcock Street, Melbourne, FL, 32901 is a Commercial Property for sale at $2,250,000 with 3,100 sqft and a lot size of 0.42. 429 S Babcock Street has 1.0 baths and was built in 1965. The property's zip code is 32901 which is in Melbourne, FL

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