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
552

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!

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

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Calculator source: Real Geeks

Listing courtesy of One Sotheby's International.