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429 & 427 S Babcock Street

Melbourne, FL 32901
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Acres0.42

Acre(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 sect ors. Shown by appointment only. Don't miss this prime investment opportunity!

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Detail Ic Property Details

Property Type : Land

Price : $840,000

AD Id : 63172237

MLS Id : 1039393

Lot Size : 0.42 Acre(Lot)

County : Brevard

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Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Heating & Cooling

    WaterSource: Public

  • Road Types

    Paved

  • Lot Information

    Lot Dimensions: 150x125 Lot Description: Other Lot Size Area: 0.42 Acres Lot Square Feet: 18,295

    Property Information

    Property Type: Land Sub Type: Unimproved Land Subdivision: None MLS Area Minor: 323 - Eau Gallie Source Neighborhood: None

  • Listing Price Information

    Listing Id: 1039393 ist Price: $840,000 Original List Price: $1,000,000 Listing Terms Cash, Conventional
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 27-37-27-51-00000.0-0262.00 Annual Tax: $3,418 Tax Year: 2022 Taxes: INDIAN RIVER BLUFF AMENDED PLAT NO 2 LOTS 260,262,264 EXC E 10 FT OF LOT 260 & E 10 FT OF N 1/2 OF LOT 262

  • School Information

    Elementary School: Harbor City
    Elementary School District:
    Junior High School: Hoover
    Senior High School: Melbourne
  • Utility Information

    Sewer Connected
  • Location Information

    Direction: Harbor City Blvd. to S on Babcock on left before RR tracks. Or North on Babcock St. 200 feet after crossing RR tracks. Across Babcock St fromNeiman Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2912 Main Street, Melbourne, FL, 32901 $397,500 -- -- -- 0.66 Acre(Lot)
2013 2101 Vernon Place, Melbourne, FL, 32901 $1,039,800 -- -- -- 0.44 Acre(Lot)
UNASSIGNED Address Drive, Melbourne, FL, 32901 $40,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/22/2026 @ 12:20

MLS: 1039393 LISTED BY: James Edmunds, One Sotheby's International 321-984-3135 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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