$4,500,000
Melbourne, FL 32901
MLS# 956494
Status: Closed
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Property Description
Located in the City of Melbourne 10+- Acres Zoned C-1 Commercial. Note: Future Land Use allows the property to be rezoned to Multi-Family with a density of 15 units per ac. Located on highly Trafficked Babcock Street which intersects with Palm Bay Road to the South which allows easy access to Interstate I-95. Palm Bay Road is home to such national retailers, restaurants and hotels: BJ Wholesale, Dollar General, Wal- Mart, WaWa, Bass Pro, Carmax, Cracker Barrel, LA Fitness, Hampton Inn and Home 2 Suites to name a few. LISTING INCLUDES TAX ACCOUNT NUMBERS 2827878, 2827885 AND 2827886.
Details
Maps
Location, Tax, and Legal
Tax Account: 2827878
Parcel Number: 28-37-16-00-00765.0-0000.00
General County Location: South
Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne
Tax Year: 2022
Tax Legal Description: PART OF S 1/2 OF NE 1/4 OF SE 1/4 AS DES IN ORB 1997 PG 39 EX ORB 2680 PG'S 1437 & 1439
Directions: Babcock Street south of 192.
General Property Information
Lot Size Acres: 10
Lot Size Square Feet: 94090
Association YN: No
Property Use: 10 / VACANT COMMERCIAL LAND
Water Body Access YN: No
Senior Community YN: No
List Price/Acre: 478500
Sold Price/Acre: 450000
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Located in the City of Melbourne 10+- Acres Zoned C-1 Commercial. Note: Future Land Use allows the property to be rezoned to Multi-Family with a density of 15 units per ac. Located on highly Trafficked Babcock Street which intersects with Palm Bay Road to the South which allows easy access to Interstate I-95. Palm Bay Road is home to such national retailers, restaurants and hotels: BJ Wholesale, Dollar General, Wal- Mart, WaWa, Bass Pro, Carmax, Cracker Barrel, LA Fitness, Hampton Inn and Home 2 Suites to name a few. LISTING INCLUDES TAX ACCOUNT NUMBERS 2827878, 2827885 AND 2827886.
Current Use
Commercial: 1
Listing Terms
Cash: 1
Conventional: 1
Special Listing Conditions
Standard: 1
Contract Information
Current Price: $4,500,000
Original List Price: 4785000
Sold Price: $4,500,000
Status: Closed
Listing Contract Date: 2023-02-01
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 0000
Street Direction Prefix: S
Street Name: Babcock
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 323 - Eau Gallie
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-02-08T23:01:03Z
Major Change Type: Status Change
Status Change Timestamp: 2023-02-08
Purchase Contract Date: 2023-02-03
Close Date: 2023-02-08
Close Price: 4500000
Property Features
Current Use: Commercial
Listing Terms: Cash; Conventional
Special Listing Conditions: Standard
Listing Office: Dreyer & Associates R.E. Grp.
Last Updated: October - 31 - 2024
Information is deemed to be reliable, but is not guaranteed.