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Listing provided courtesy of One Sotheby's InternationalMLS# 1039392MLS Provider
  • 479 days on site
  • 1 views

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!

Source: Brevard Space Coast MLS, MLS#: 1039392

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  • Property Type
    Commercial Sale
  • Lot
    0.42 acres

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Melbourne FL Real Estate Market Insights | Homes, Prices & Trends

Melbourne is positioned on Florida’s Space Coast, offering direct access to the Atlantic Ocean and the Indian River Lagoon. View a snapshot of Melbourne’s housing activity, including current listings, recent sales, average sale prices, and demographic trends.

Learn More
  • Median Age
    42
  • Population Density
    1,761
  • College Educated
    41%
  • Estimated Median Income
    $42,822
  • Estimated Total Home Owners
    4,860
  • Estimated Total Renters
    5,798
  • Owner / Renter Divide
    46% / 54%
  • Estimated Average Household Size
    2
  • Total Population
    26,014
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 429 S Babcock Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/7/2025Source: Brevard Space Coast MLS Added to Database
March 07, 2025