429 & 427 S Babcock Street, Melbourne, FL 32901

Local realty services provided by:Better Homes and Gardens Real Estate Star
429 & 427 S Babcock Street,Melbourne, FL 32901
$899,000
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  • 0.42 Acres
  • Lots / Land
  • Active
Listed by: james edmunds
Office: one sotheby's international
MLS#:1039393
Source:FL_SPACE

Price summary

  • Price:$899,000

About this home

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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Home facts

  • Listing ID #:1039393
  • Added:908 day(s) ago

Structure and exterior

  • Lot area:0.42 Acres

Schools

  • High school:Melbourne
  • Middle school:Hoover
  • Elementary school:Harbor City

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$899,000
  • Tax amount:$3,418 (2022)
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