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USAFLMelbourneIndian River Bluff Amended Plat No 2439 S Babcock Street
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439 S Babcock Street, Melbourne, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$375,000

030

MLS® 1067447

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 5550 sqft
Garage No
Maintenance Fees 
Taxes $6,637
Days Active 4
Approx. Age 1965
Avg. Price Per Sqft $67
MLS® Number 1067447

Property Address: 439 S Babcock Street, Melbourne, FL, 32901

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to purchase the ground lease for a 5, 550 Sf multi-unit building. 99-year ground lease commenced 7/1/1965 and expires 6/30/2064. Current ground lease rent is $18, 540.36 for 2026. Next increase is 1/1/2030 (CPI). Unit 437 is +/- 1, 000 SF. Formerly occupied by a hair salon. Interior has tile flooring and drop ceiling throughout. Unit 439 is +/- 4, 550 SF. Interior is est. 50% showroom + 50% storage. Clear height is 12' 8'' +/-. There is one 10' x 10' +/- grade level door. Utilities include City water/sewer (common), and FPL electric (separately metered). Total of 8 asphalt parking spaces. Property is strategically positioned directly on Babcock Street which is an immediate connector between US1 and Nasa Boulevard. Surrounding employers include Leonardo DRS, the Melbourne International Airport, and the Melbourne Courthouse to name a few.
MLS® Number1067447
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$375,000List Price
  • Commute

Commute

Starting Address
Destination Address
439 S Babcock Street, Melbourne, FL

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