Published on: Tuesday, September 16, 2025
Updated on: Thursday, September 18, 2025
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Name: Manuel Chamizo III
Company: ONE Sotheby's
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Cell Phone: (786) 486-6655
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  Melbourne City Centre - Commercial Opportunity
3999 S Babcock St # 7, Melbourne Florida , 32901
3999 S Babcock St # 7, Melbourne Florida                                                                                             , 32901  ONE Sotheby's
Listing ID: CL-Florida-26343 Office Condo/Office

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Florida-26343
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 609,840.00 SqFt
Lot Size: 14.00 Acre
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | MCC-HotelOMCompressed.pdf ( 21,409.63KB)
Listing Summary
Melbourne City Center: A Strategic Mixed-Use Development in a Federal Opportunity Zone
Complete Details
Year Build: N/A
Building Size: 609,840
No of Stories: N/A
Total Lot Area: 14 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Overview

 

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

This development is designed to be a vibrant community, attracting a diverse mix of residents, professionals, students, and consumers. The plan includes:

  • 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 Highlights

 

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.

Additional Properties
Property Highlights
  • 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.
  • Vibrant Community: The project is designed to attract a broad demographic, including residents, students, professionals, and consumers.
  • Proximity to Key Attractions: Located near major landmarks like Cape Canaveral and the Kennedy Space Center.
Features
  • Lease Type: NNN
  • Tenancy: Multi
  • Zoning: Commercial - Office

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126 Request Quote
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053 Request Quote

Business Opportunities

LoopingCloud is your gateway to connect with property buyers, sellers, and agents by showcasing your services, whether you specialize in legal support, title and escrow, inspections, appraisals, contracting or anything in between. Feature your business on residential and commercial listings and become a trusted part of every real estate transaction.
Company Name Business Type Contact Name Contact Number Actions
EW Title, LLC Title Services Erin (954) 849-7745 Request Quote
Listing Location
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1680 Meridian Ave , Miami Beach Florida                                                                                              33139
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999 Ponce de Leon , Coconut Grove Florida                                                                                              33134
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999 Ponce de Leon , Coconut Grove Florida                                                                                              33134
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10440 SW 186th Terrace , Cutler Bay Florida                                                                                              33157
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2498 NW 86th St , Miami Florida                                                                                              33147
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