429 & 427 S Babcock Street Melbourne, FL $ 899,000
429 & 427 S Babcock Street
$ 899,000
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429 & 427 S Babcock Street

Melbourne, FL, 32901
$ 899,000
Baths0.0

Monthly Estimate*

$ 5,609

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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 $899,000. The lot size is 0.42.

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!

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Lots and Land Active

Price

$ 899,000

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

1039393

Features
General
Sewer Public Sewer
Utilities Sewer Connected
Possession Close Of Escrow
Property Subtype Unimproved Land
Tax Year 2022
Current Use Commercial
County Brevard
Property Type Land
HOA 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
Senior Community Y/N N
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 18295.0
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/1039393
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
Lot Features Other
Water Source Public
Lot Size Area 0.42
Spa N
Lot Dimensions 150x125
Lot Size Acres 0.42
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (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

$5,893
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,609
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
1362951 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2025$899,000 -10.10% Price Down
3/7/2025$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 $899,000 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