429 & 427 S Babcock Street, Melbourne, FL 32901 photo 1
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$840,000

429 & 427 S Babcock Street, Melbourne, FL 32901

Melbourne, FL 32901

Active
Lot Size
0.42
Type
Land
Status
Active
MLS #
1039393

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!

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Listed by James Edmunds

Listing courtesy of One Sotheby's International

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Listing data provided by Space Coast Association of REALTORS® MLS. All information is deemed reliable but not guaranteed. 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. Listed: 3/7/2025