429 S Babcock Street, Melbourne, FL 32901
$2,250,000
Property Type:
Commercial Sale
Baths:
1
Square Footage:
3,100
Lot Size (sq. ft.):
18,295
Status:
Active
Current Price:
$2,250,000
List Date:
3/07/2025
Last Modified:
10/31/2025
Overview
Description
Listing Details MLS# 1039392
General Property Information
- Number Of Units Total
- Yes
- Bathrooms Total
- Yes
- Building Area Total
- 3100
- Year Built
- 1965
- Lot Size Acres
- 0.42
- Water Body Access YN
- No
- List Price/SqFt
- 725.81
Property Features
Construction Materials:
Block; Concrete
Cooling:
Central Building
Current Use:
Commercial
Flooring:
Carpet; Terrazzo
Heating:
Central
Listing Terms:
Cash; Conventional
Lot Features:
Other
Parking Features:
Covered
Possession:
Close Of Escrow
Roof:
Rolled/Hot Mop
Sale Includes:
Building & Land; Business with Real Estate
Security Features:
Fire Sprinkler System; Smoke Detector(s)
Sewer:
Public Sewer
Showing Requirements:
Call Listing Agent; Showing Service
Water Source:
Public
Contract Information
- Original List Price
- 2250000
- Listing Contract Date
- 2025-03-07
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 429
- Street Direction Prefix
- S
- Street Name
- Babcock
- Street Suffix
- Street
- County
- Brevard
- State
- FL
- Postal Code
- 32901
- MLS Area Major
- 330 - Melbourne - Central
Remarks and Miscellaneous
- Public Remarks
- Prime Midtown Melbourne Development Opportunity - $2.25M Exciting new plans, approvals, and a full build-out are now available for the addition of new gas tanks, four gas pumps with eight nozzles at this premier location. Strategically positioned in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this C-2 Commercial zoned property boasts 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT. Melbourne and Florida's Space Coast are experiencing exponential growth, driven by an influx of highly skilled, well-paid professionals. The area's appeal continues to rise due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem. With multiple major residential and commercial developments planned for Downtown Melbourne, the future of this rapidly expanding market looks exceptionally bright. Don't miss this rare investment opportunity!
Status Change Information
- Major Change Timestamp
- 2025-03-07T17:05:22Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2025-03-07
More Information
Building Features
- Clear Ceiling Height
- 1214
Income and Expenses
- New Taxes Expense
- 3826.01
Unit 1 Details
- Unit ID
- Yes
- Unit SqFt
- 3100
- Furnished
- Unfurnished
- Unit Remarks
- none
- Annual Rent
- 0
Historical Information
- Public Historical Remarks 3
- Current Zoning: C-2, Frontage Description: Business District,City Road, Legal/Misc-Home Warranty: No
Location, Tax, and Legal
- Tax Account
- 2728378
- Parcel Number
- 27-37-27-51-00000.0-0262.00
- General County Location
- South
- 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.
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Building
- Yes
Current Use
- Commercial
- Yes
Flooring
- Carpet
- Yes
- Terrazzo
- Yes
Heating
- Central
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Parking Features
- Covered
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Rolled/Hot Mop
- Yes
Security Features
- Fire Sprinkler System
- Yes
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Showing Service
- Yes
Sale Includes
- Building & Land
- Yes
- Business with Real Estate
- Yes
Listing Office:
One Sotheby's International
Last Updated: October - 31 - 2025
Information is deemed to be reliable, but is not guaranteed.