429 & 427 S Babcock Street, Melbourne, FL 32901
$899,000
Property Type:
Land
Lot Size (sq. ft.):
18,295
Status:
Active
Current Price:
$899,000
List Date:
3/07/2025
Last Modified:
10/31/2025
Overview
Description
Listing Details MLS# 1039393
General Property Information
- Road Frontage Feet
- 150
- Lot Size Acres
- 0.42
- Lot Size Dimensions
- 150x125
- Lot Size Square Feet
- 18295
- Water Body Access YN
- No
- Senior Community YN
- No
- CDD Fee YN
- No
- List Price/Acre
- 2140476.19
Property Features
Current Use:
Commercial
Listing Terms:
Cash; Conventional
Lot Features:
Other
Possession:
Close Of Escrow
Road Surface Type:
Paved
Sewer:
Public Sewer
Showing Requirements:
Call Listing Agent
Special Listing Conditions:
Standard
Utilities:
Sewer Connected
Water Source:
Public
Contract Information
- Original List Price
- 1000000
- Listing Contract Date
- 2025-03-07
- Property Sub Type
- Unimproved Land
Location Tax and Legal
- Street Number
- 429 & 427
- Street Direction Prefix
- S
- Street Name
- Babcock
- Street Suffix
- Street
- County
- Brevard
- State
- FL
- Postal Code
- 32901
- MLS Area Major
- 323 - Eau Gallie
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- 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!
Status Change Information
- Major Change Timestamp
- 2025-05-07T21:30:08Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-05-07T21:30:08Z
- Status Change Timestamp
- 2025-03-07
More Information
Closing Company Details
- Closing Company Name
- Secure Title Ins. Co. Inc.
- Closing Company Address
- 600 Florida Avenue Suite 104 Cocoa, FL 32922
Historical Information
- Public Historical Remarks 3
- Frontage Description: Business District,City Road
Location, Tax, and Legal
- Tax Account
- 2728378
- Parcel Number
- 27-37-27-51-00000.0-0262.00
- General County Location
- South
- Elementary School
- Harbor City
- Middle School
- Hoover
- High School
- Melbourne
- Tax Annual Amount
- 3418.39
- Tax Year
- 2022
- Tax 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
- 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.
Currently Not Used
- Pool Private YN
- No
Current Use
- Commercial
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Road Surface Type
- Paved
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Documents
Site Plan ›
Listing Office:
One Sotheby's International
Last Updated: October - 31 - 2025
Information is deemed to be reliable, but is not guaranteed.