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Property profile & analytics
OFF-MARKET
Office buildings

2304 Babcock St Melbourne, FL 32901-5308

1,131 SF 0.18 ac lot Built 1952
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3919207
Property summary
AI-generated overview

This single-story, 1,131 square foot office building, located at 2304 S Babcock Street in Melbourne, Florida, presents a fantastic opportunity. Built in 1952 and situated on a 0.18-acre lot, the property is zoned C1A and features a convenient open reception/waiting area. The interior includes one large and one small office space, a kitchenette, and a bathroom. Ample off-street parking is available. The asking price is $275,000, translating to $243.15 per square foot. The building is classified as Class C and offers the flexibility of use as either traditional or creative office space. The property is ready for occupancy on March 18, 2024. Its location just south of 192, on the west side of Babcock Street in Brevard County (zip code 32901), provides excellent accessibility. The property's APN is 28-37-04-75-*--35. This is an ideal investment for those seeking a well-located, versatile office space in a thriving area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,131 SF
Lot 0.18 ac (7,841 SF)
Zoning code C1A
APN 28-37-04-75-00000.0-0035.00
UPID US18-3919207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Open Mind Zen Alternative Medicine Practice Spiritual Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Xiaoying Huang · 1 yrs held
Xiaoying Huang
since 2025
Last sale
$210,000
7 recorded transactions
2025
$210,000
2017
$128,500
2014
$83,000
2013
Price N/A
1998
$89,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1A · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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