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Lot/land
  • Price cut: $41K (6/26)
    $799,000

    429 & 427 S Babcock St, Melbourne, FL 32901

    --beds
    --baths
    0.42Acres
    Unimproved Land
    Built in ----
    0.42 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High traffic count
    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!
    519 days
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    46
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    James Edmunds 321-349-5068,

    One Sotheby's International

    Source: Space Coast AOR,MLS#: 1039393

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Video & virtual tour

      Property

      Lot
      • Size: 0.42 Acres
      • Dimensions: 150 x 125
      • Features: Other
      Details
      • Parcel number: 2737275100000.00262.00
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Melbourne

      Financial & listing details

      • Annual tax amount: $3,418
      • Date on market: 3/7/2025
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,634/mo

        Price history

        DateEventPrice
        6/26/2026Price change$799,000-4.9%
        Source: Space Coast AOR #1039393 Report a problem
        6/20/2026Price change$840,000-6.6%
        Source: Space Coast AOR #1039393 Report a problem
        5/7/2025Price change$899,000-10.1%
        Source: Space Coast AOR #1039393 Report a problem
        3/7/2025Listed for sale$1,000,000
        Source: Space Coast AOR #1039393 Report a problem
        3/6/2025Listing removed$1,000,000
        Source: Space Coast AOR #972986 Report a problem
        12/15/2023Listed for sale$1,000,000
        Source: Space Coast AOR #972986 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32901

        Getting around

        50 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Harbor City
        • Middle: Hoover
        • High: Melbourne

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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