Hotel for Sale in Melbourne Florida 32901

3999 S Babcock St # 2, Melbourne Florida, 32901

Listing ID: CL-Florida-26340 Commercial Full Service Hotel Lodging and Hospitality
Published on: Tuesday, September 16, 2025 | Updated on: Wednesday, September 17, 2025

Listing Summary

Melbourne City Center: A Strategic Mixed-Use Development in a Federal Opportunity Zone

Full Description

Melbourne City Center: A Strategic Mixed-Use Development in a Federal Opportunity Zone

Property Overview

Melbourne City Center is a proposed, sustainable mixed-use development and innovation hub located in the heart of Florida's Space Coast. The project is strategically positioned on a high-visibility site at Babcock Street and Pirate Lane, offering excellent access from Interstate 95 and the Orlando-Melbourne International Airport.

Designed to attract a diverse community of residents, professionals, students, and consumers, Melbourne City Center will feature a comprehensive blend of uses:

  • Residential: Single-family homes and apartments

  • Commercial: A retail center, restaurants, and entertainment venues

  • Medical & Professional: A dedicated campus

  • Educational: A university site and charter school

  • Senior Living: A purpose-built facility

 

Investment Opportunity

 

This property presents a rare investment opportunity as it is located within a newly qualified Federal Opportunity Zone, a program created to incentivize investment in targeted communities. By investing through a qualified Opportunity Fund, you can take advantage of substantial tax benefits.

 

Quick Glance

  • Listing ID: CL-Florida-26340
  • Status: Active
  • Year Build: N/A
  • Building Size: N/A
  • Lot Size: 1.55 Acre

Additional Links

Property Documents

Complete Details

  • Total Lot Area: 1.55 Acre
  • Heating and Cooling: Not Specified

Lending Opportunities

Interested in making an offer? Our network of experienced lenders is ready to provide competitive loan options. Get pre-approved today!

Company Name Lender Type Contact Name Contact Number Actions
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

Company Name Business Type Contact Name Contact Number Actions
EC Title Services, LLC Title Services Cary Granda (305) 953-4040
Bay Title Company Title Services Alana Supraski (305) 692-8886

Material Opportunities

Showcase your building materials, fixtures, and specialty supplies to buyers and contractors actively working on projects.

Company Name Service Type Contact Name Contact Number Actions
Nestor Remodeling, LLC Insulation & Drywall Supplier Nestor (954) 383-2477

Pricing Details

Additional Features

Highlights
  • Fabulous location! East of N Federal Hwy in desirable Melbourne, FL. Melbourne City Center Development is a newly qualified Opportunity Zone as designated by the U.S. Treasury Department.
  • new investment vehicle was created as part of the Tax Cuts and Jobs Act of 2017 to incentivize investment in targeted communities called Opportunity Zones.
  • Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S. Treasury via his delegated authority to the Internal Revenue Service.
  • This Federal Program is designed to bring investment and development into an area allowing the investment and businesses to roll over capital gain investments through an opportunity fund into a property in these state-designated tracts –bases on census nu
  • Opportunity Funds allow investors to defer federal taxes on any recent capital gains until December 31, 2026, reduce that tax payment by up to 15%, and pay as little as zero taxes on potential profits from an Opportunity Fund, if the investment is held fo
  • Prime Location: Situated on a high-traffic, visible site in a desirable area of Melbourne, FL, in the heart of the Space Coast.
  • Federal Opportunity Zone: The property is in a newly designated Opportunity Zone, offering powerful tax benefits.
  • Capital Gains Deferral: Investors can defer federal taxes on recent capital gains until December 31, 2026.
  • Tax Reduction: The program allows for a reduction of up to 15% on the deferred tax liability.
  • Potential for Zero Tax on Profits: You can pay as little as zero taxes on profits from the investment if you hold it for 10 years
  • Comprehensive Mixed-Use Plan: The development includes a diverse mix of residential, commercial, medical, educational, and senior living components.
  • High Traffic Volume: The site benefits from a significant traffic count of 36,000 on Babcock Street.
  • Strategic Accessibility: Easy access from Interstate 95 and close proximity to the Orlando-Melbourne International Airport.
  • Strategic Accessibility: Easy access from Interstate 95 and close proximity to the Orlando-Melbourne International Airport.
  • Proximity to Key Attractions: Located near major landmarks like Cape Canaveral and the Kennedy Space Center.
Features
  • Keys: 100
  • Zoning: Mixed-Use Development
  • APN: 28-37-15-00-00001
  • Ownership: Fee Simple

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