429 & 427 S Babcock StreetMelbourne, FL 32901

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!

Property Information

Property type

Land

Sub-type

Unimproved Land

Lot size

0.42 acres

Lot dimensions

150x125

Days on market

12

MLS^® Listing#

1039393

Property Features

Lot features

Other

Utilities

Sewer Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Harbor City

Middle

Hoover

High

Melbourne

Financial Details

Annual taxes

$3,418Tax year 2022

Parcel number

27-37-27-51-00000.0-0262.00