476 N Babcock Street, Melbourne, FL 32935

$624,000
Property Type: Commercial Sale Baths: 2 Square Footage: 2,397 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $624,000 List Date: 3/26/2025 Last Modified: 5/22/2025

Description

Prime location, This is a great opportunity to own a free standing building on the busy corner of N. Babcock Street and Laurie. The property is one block south of US 1. The building currently has two units with separate entrances, but can be converted to one unit. Midtown Melbourne is a dynamic, rapidly developing area and a burgeoning hot spot for business. One of the most concentrated business districts.

More Information MLS# 1019644

Contract Information

Start Showing Date: 2024-07-17 Current Price: $624,000 Original List Price: 699000 List Price: $624,000 Status: Active Listing Contract Date: 2024-07-15 Property Sub Type: Retail

Location, Tax, and Legal

Tax Account: 2724573 Parcel Number: 27-37-21-00-00770.0-0000.00 General County Location: Central Tax Annual Amount: 3140.27 Tax Year: 2023 Tax Legal Description: PART OF SE 1/4 OF SE 1/4 AS DES IN DB 373 PG 463 EX ORB 249 PG 52 Additional Parcels YN: No Directions: Turn south off Hwy US1 onto N. Babcock. Heading south one block to NW corner of Laurie St and Babcock. Parking accessible off Laurie.

General Property Information

Number Of Units Total: 2 Stories Total: 1 Building Area Total: 2397 Building Area Source: Public Records Lot Size Acres: 0.17 Accessibility Features YN: No Association YN: No Water Body Access YN: No Waterfront YN: No Land Lease YN: No Senior Community YN: No List Price/SqFt: 260.33 Bathrooms Total: 2 Year Built: 1958

Remarks and Miscellaneous

Public Remarks: Prime location, This is a great opportunity to own a free standing building on the busy corner of N. Babcock Street and Laurie. The property is one block south of US 1. The building currently has two units with separate entrances, but can be converted to one unit. Midtown Melbourne is a dynamic, rapidly developing area and a burgeoning hot spot for business. One of the most concentrated business districts.

Construction Materials

Block: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1

Parking Features

Additional Parking: 1 Parking Lot: 1

Possession

Close Of Escrow: 1

Road Frontage Type

County Road: 1

Sewer

Public Sewer: 1

Unit 1 Details

Unit ID: 2 Annual Rent: 36000 Unit SqFt: 2837 # Units (This Type): 2 Baths Total: 2 Furnished: Negotiable Unit Remarks: 2

Unit 2 Details

Unit ID: 0 Annual Rent: 0 Unit SqFt: 0 # Units (This Type): 2 Baths Total: 1 Furnished: Unfurnished Unit Remarks: 0

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1

Sale Includes

Building & Land: 1

Location Tax and Legal

Street Number: 476 Street Direction Prefix: N Street Name: Babcock Street Suffix: Street County: Brevard State: FL Postal Code: 32935 MLS Area Major: 323 - Eau Gallie Subdivision Name: None

Status Change Information

Major Change Timestamp: 2025-05-22T18:19:14Z Major Change Type: Price Reduced Price Change Timestamp: 2025-05-22T18:19:14Z Status Change Timestamp: 2025-03-26

Property Features

Construction Materials: Block Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Additional Parking; Parking Lot Possession: Close Of Escrow Road Frontage Type: County Road Sale Includes: Building & Land Sewer: Public Sewer Showing Requirements: Call Listing Agent Water Source: Public
Listing Office: Melbourne Beach Properties,Inc
Last Updated: May - 22 - 2025
Information is deemed to be reliable, but is not guaranteed.

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