Midtown Melbourne Development
429 S Babcock St Melbourne, FL 32901
For Sale
$2,250,000
C-2 zoned property with high traffic count in growing area.
Lot Size0.42 Acres
Days on Market508
Property Features for 429 S Babcock St
General Information
Standard status
Active
Lot size
0.42 Acres
Listing Agency:
One Sotheby's International
(321) 349-5068
Listed By:
James Edmunds · License #3414010
(321) 349-5068
Source:
Exprealty
Added: Mar 7, 2025
Changed: Jul 10
Last Checked: Jul 26 at 8:52PM
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Investment Insights
Based on property information with market context.
This property is a prime development opportunity in Midtown Melbourne. New plans, approvals, and a full build-out are available for the addition of new gas tanks and four gas pumps with eight nozzles. The C-2 Commercial zoned property has 150 feet of frontage on Babcock St and a high traffic count of 21,000 AADT. The property is strategically positioned between the Eau Gallie and Melbourne Causeways. Melbourne and Florida's Space Coast are experiencing growth, driven by an influx of skilled professionals. The area's appeal is rising due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem. Multiple major residential and commercial developments are planned for Downtown Melbourne.
Key Highlights
- Approved plans and full build‑out available for a gas station with four pumps and eight nozzles.
- Prime Midtown Melbourne location between Eau Gallie and Melbourne Causeways.
- High traffic count of 21,000 AADT on Babcock St.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - C-2 zoned property with high traffic count in growing area.
Where is this gas station located?
The property is located at 429 S Babcock St Melbourne, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approved plans and full build‑out available for a gas station with four pumps and eight nozzles.; Prime Midtown Melbourne location between Eau Gallie and Melbourne Causeways.; High traffic count of 21,000 AADT on Babcock St.