429 S Babcock Street, Melbourne, Fl 32901, FL429 S Babcock Street, Melbourne, Fl 32901, FL429 S Babcock Street, Melbourne, Fl 32901, FL
Stellar MLS
1 / 5

$2,250,000

429 S Babcock Street, Melbourne, Fl 32901

Melbourne, FL 32901

Listing updated: October 31, 2025 at 11:59 AM ET

Active
Listing courtesy of One Sotheby'S International · James Edmunds · MLS #1039392 · Active · 321-984-3135
1
Bath
3,100
Sq Ft
0.42
Acres
1965
Built
$726/sqft360° tour
Business

Property type

1965

Year built

18,295.2 sqft

Lot size

$726

Price / sq ft

No HOA

HOA dues

About this home

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!

Estimated monthly payment

Principal & interest$11,377
Property taxes$2,063
Home insurance (est.)$1,031

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history

  1. Price increased$2,250,000

Facts & features

Property type
Commercial Sale
Sub type
Business
Status
Active
County
Brevard
Year built
1965
Living area
3,100 sq ft
Price/sq ft
$726
Lot size
18,295.2 sq ft
MLS #
1039392

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Listing Details

Original list price
$2,250,000

Location

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 31, 2025 at 11:59 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA