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429 & 427 S Babcock Street, Melbourne, FL 32901

$799,000

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List Price: $799,000
Price Change: ▼ $41,000 1782520762
MLS#: 1039393
Status: ACTIVE
Type: Land
County: Brevard
City: Melbourne
Area: Eau Gallie
Total Square Feet: 18,295
Acres: 0.42
Days on Market: 590

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Property Description

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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Additional Information

Tax Year: 2022
Tax Amount: $3,418
Location Description: Other
Utilities: Sewer Connected
Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne