$1,000,000

429 & 427 S Babcock St Melbourne, FL 32901

Estimated payment $5,866/month

Total Views 2,800
0.42 Acre
$2,380,952 Price per Acre
18,295 Sq Ft Lot

About This Lot

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!

Listing Agent

James Edmunds

One Sotheby's International License #3414010

One Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,418

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 150x125

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Listing and Financial Details

  • Assessor Parcel Number 27-37-27-51-00000.0-0262.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,418

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Other
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.42
  • Lot Features:Other21: Yes

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Commercial
  • Lot Dimensions: 150x125
  • Lot Size Sq Ft: 18295.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-27-51-00000.0-0262.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3418.39

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 For Sale $1,000,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1039393

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Melbourne 32901

429 & 427 S Babcock St, Melbourne, FL

Homes for Sale in Melbourne, FL

This home is located at 429 & 427 S Babcock St, Melbourne, FL 32901 and is currently priced at $1,000,000. 429 & 427 S Babcock St is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

James Edmunds
Listing Agent
James Edmunds
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One Sotheby's International
(321) 326-9319