429 & 427 S Babcock Street, Melbourne, FL 32901

$799,000

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List Price
$799,000
Status
ACTIVE
Days on Market
511
Price Change
▼ $41,000 1782520762
MLS#
1039393
Subtype
Land
Lot Size
18,295
Acres
0.42
MLS Area Major
Eau Gallie

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

Financing
Cash, Conventional
Elementary School
Harbor City
Middle School
Hoover
High School
Melbourne

Listing courtesy of One Sotheby's International.

Listing courtesy of One Sotheby's International. Contact:

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