Property photo 1
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1 Bath
3,100 sqft

$2,250,000

429 S Babcock Street, Melbourne FL, 32901

Price per sqft$725.81
Built in1965
Property size3,100 sqft
Property typeCommercial

Overview

Active

Listed Mar 7, 2025

Updated 2 weeks ago

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!

Additional information

MLS® ID
1039392

Interior Features

Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.42 Acres

Other Property Details

Taxes
$3,418
Tax Frequency
Annually

Courtesy of One Sotheby's International, James Edmunds,
Listing Contact: 321-984-3135 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zack Spurlock shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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