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439 S Babcock Street Melbourne, FL $ 375,000
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$ 375,000 Get more info
439 S Babcock Street
$ 375,000
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439 S Babcock Street

Melbourne, FL, 32901
$ 375,000
Bedrooms-- Baths3.0 Sq 5,550

Monthly Estimate*

$ 2,309

439 S Babcock Street, Melbourne, FL 32901 - Image 1
439 S Babcock Street, Melbourne, FL 32901 - Image 2
439 S Babcock Street, Melbourne, FL 32901 - Image 3
439 S Babcock Street, Melbourne, FL 32901 - Image 4
439 S Babcock Street, Melbourne, FL 32901 - Image 5
439 S Babcock Street, Melbourne, FL 32901 - Image 6
439 S Babcock Street, Melbourne, FL 32901 - Image 7
439 S Babcock Street, Melbourne, FL 32901 - Image 8
439 S Babcock Street, Melbourne, FL 32901 - Image 9
439 S Babcock Street, Melbourne, FL 32901 - Image 10

Commercial Property for sale in Melbourne, FL

for $375,000 with 3 full baths. This 5,550 square foot building was built in 1965 on a lot size of 0.43.

Excellent opportunity to purchase the ground lease for a 5,550 Sf multi-unit building. 99-year ground lease commenced 7/1/1965 and expires 6/30/2064. Current ground lease rent is $18,540.36 for 2026. Next increase is 1/1/2030 (CPI). Unit 437 is +/- 1,000 SF. Formerly occupied by a hair salon. Interior has tile flooring and drop ceiling throughout. Unit 439 is +/- 4,550 SF. Interior is est. 50% showroom + 50% storage. Clear height is 12' 8'' +/-. There is one 10' x 10' +/- grade level door. Utilities include City water/sewer (common), and FPL electric (separately metered). Total of 8 asphalt parking spaces. Property is strategically positioned directly on Babcock Street which is an immediate connector between US1 and Nasa Boulevard. Surrounding employers include Leonardo DRS, the Melbourne International Airport, and the Melbourne Courthouse to name a few.

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Commercial Active

Price

$ 375,000

Full Bath

3

Property Type

Commercial

Taxes

$ 6,637

Style

Retail

Lot Size

0.43

Year Built

1965

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1067447
Features
General
Living Area 5550.0
Sewer Public Sewer
Construction Materials Block Concrete
Year Built 1965
Property Subtype Retail
Tax Year 2025
Building Name Ground Lease For Sale
County Brevard
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Indian River Bluff Amended Plat No 2
Building Features Storage Private Restroom Showroom
Status Active
Directions Starting on Nasa Boulevard turn north onto Babcock Street. Continue north past the train tracks. Property is located at the southeast corner of Babcock Street x Lagoon Avenue.
City Melbourne
Senior Community Y/N N
Number Of Units Total 2
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 18730.8
Land Lease Y/N Y
Tax Annual Amount 6637.25
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
Standard Status Active
Legal Description INDIAN RIVER BLUFF AMENDED PLAT NO 2 ALL OF LOT 121 & SWLY 30 FT OF LOTS 118 119 120
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Interior
Flooring Concrete Tile
Total Stories 1
Basement (Y/N) N
Total Baths 3
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Exterior
Parking Features Parking Lot
Lot Features Corner Lot
Water Source Public
Inclusions Building & Land
Lot Size Area 0.43
Spa N
Lot Size Acres 0.43
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 439
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* Excluded Features
List By
The Ullian Realty Corporation

Broker

zach@ullianrealty.com

Email

Affordability Calculator

$2,862
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$553
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/24/2026$375,000 Listed Price

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439 S Babcock Street, Melbourne, FL, 32901 is a Commercial Property for sale at $375,000 with 5,550 sqft and a lot size of 0.43. 439 S Babcock Street has 3.0 baths and was built in 1965. The property's zip code is 32901 which is in Melbourne, FL

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