Commercial For sale Retail Mixed Use

Melbourne City Centre -Education / School Campus - Florida 32901

3999 S Babcock St #6, Melbourne, Florida 32901

Price not disclosed

Listed Sep 16, 2025

594,158 sqft

Building

14 acres

Lot

Stories

About this property

Melbourne City Centre -Education / School Campus - Florida 32901 is a retail for sale in Melbourne, Florida. Key details: building size 594,158 sqft, lot size 14 acres, stories 2, property status Normal Sale. Listed by Manuel Chamizo III of ONE Sotheby's on LoopingCloud and last updated May 13, 2026.

Located in the heart of the Space Coast, this proposed mixed-use development, Melbourne City Center, offers a unique opportunity for growth and innovation. Situated on a high-visibility site at Babcock Street and Pirate Lane, the property benefits from a traffic count of 36,000 and is conveniently located east of I-95 and south of Orlando-Melbourne International Airport.

This tremendous site is designed to be a sustainable and vibrant hub, attracting a diverse community of residents, professionals, and students. The development will feature a thoughtful blend of usages, including:

Residential: Single-family homes and apartments
Commercial: A retail center, restaurants, and entertainment venues
Medical & Professional: A dedicated campus
Education: A university site and charter school
Senior Living: A purpose-built facility

With its strategic location near key attractions like Cape Canaveral and the Kennedy Space Center, Melbourne City Center is poised to become a thriving destination for living, working, and leisure.

Bullet Points

Location: Prime development site on Babcock Street and Pirate Lane in Melbourne, Florida.
Strategic Access: Highly visible location with a traffic count of 36,000, positioned east of I-95 and south of the Orlando-Melbourne International Airport.
Development Vision: A proposed sustainable mixed-use development and innovation hub.
Planned Components: The project includes single-family homes, apartments, retail, a medical/professional campus, senior living, a university site, a charter school, and various restaurants and entertainment options.
Target Audience: The diverse mix of uses is designed to attract residents, professionals, university students, and consumers.
Space Coast Advantage: Located in the heart of the Space Coast, near Cape Canaveral and the Kennedy Space Center.

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

Company	Lender type	Contact	Phone
TheLoanProsTeam	Mortgage Broker	Roxanne Chung	(754) 707-5877
Money Solutions, LLC	Mortgage Broker	Jennifer A. Judice	(813) 431-5000

Business Opportunities

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Company	Business type	Contact	Phone
BAY TITLE COMPANY	Title Services	ALANA Supraski	(305) 692-8886

Property details

Key facts

Building Size: 594,158 sqft
Lot Size: 14 acres
Stories: 2
Property Status: Normal Sale
Building Status: Existing

Pricing details

Financing: Third Party Financing
Investment Property: Active investment property

Investment snapshot

Acquisition options

Option	Asking price	Cap rate	Commission	Monthly income	Ownership
Purchase Only	-	-	-	-	-
Purchase Only	-	-	-	-	-

Features and amenities

Property Features

Sub Type: Religious/Church, School, Sports/Entertainment

Highlights

Prime Location: Situated east of N Federal Hwy in a highly desirable area of Melbourne, FL.
Opportunity Zone Designation: The property is located within a newly qualified Opportunity Zone, certified by the U.S. Treasury Department.
Tax Incentives: The location offers substantial federal tax benefits for investors.
Capital Gains Deferral: Investors can defer federal taxes on recent capital gains until December 31, 2026.
Tax Reduction: The program provides up to a 15% reduction on the deferred tax payment.
Potential for Zero Taxes: Investors can pay as little as zero taxes on profits from their investment if held for 10 years.
Investment Vehicle: This is a new and powerful investment tool created by the Tax Cuts and Jobs Act of 2017.
Federal Program: The program is designed to attract and stimulate investment and development in the area.
Opportunity Fund: The tax benefits are accessed by rolling over capital gains into a property through a qualified Opportunity Fund.
Community Development: The program's goal is to bring new investment and development into specific, targeted communities.

Location

Address as shown by the lister.

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About this area - Melbourne

Population: 22,542
Housing units: 11,100
Land area: 9.8 sq mi
County: Brevard

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

MCC-SchoolCampusOMCompressed.pdfPDF · 20.8 MB

Links

5 links

Frequently asked questions

Where is Melbourne City Centre -Education / School Campus - Florida 32901 located?

The property is in 3999 S Babcock St #6, Melbourne, Florida 32901, Brevard County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 594,158 sqft. The lot is 14 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Manuel Chamizo III of ONE Sotheby's listed this property. Use the Request Info button to send a message or call (305) 666-0562.

When was this listing published?

It was published on September 16, 2025 and last updated on May 13, 2026.

Listing information

Listing ID: CL-Florida-26317
Published: Sep 16, 2025
Last updated: May 13, 2026
Views: 95

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