Commercial For sale Retail Mixed Use

Melbourne City Centre - Medical Campus - Florida 32901

3999 S Babcock St #3, Melbourne, Florida 32901

Price not disclosed

Listed Sep 16, 2025

495,712 sqft

Building

11 acres

Lot

Stories

About this property

Melbourne City Centre - Medical Campus - Florida 32901 is a retail for sale in Melbourne, Florida. Key details: building size 495,712 sqft, lot size 11 acres, stories 3, property status Normal Sale. Listed by Manuel Chamizo III of ONE Sotheby's on LoopingCloud and last updated May 13, 2026.

This is a proposal for Melbourne City Center, a new mixed-use development designed to be a sustainable and innovative hub in the heart of Florida’s Space Coast. This project will attract a diverse community of residents, professionals, students, and consumers with its wide range of offerings.

The development is strategically located on Babcock Street and Pirate Lane in Melbourne, an area with high visibility and a daily traffic count of 36,000 vehicles. Its location east of I-95 and south of Orlando-Melbourne International Airport provides excellent access.

Melbourne City Center will include a variety of uses, such as:

Residential: Single-family homes, apartments, and senior living facilities.
Commercial: A retail center, restaurants, and entertainment.
Professional: A medical and professional campus.
Educational: A university site and a charter school.

This is a unique opportunity to be part of a vibrant, all-inclusive community just minutes from Cape Canaveral and the Kennedy Space Center.

Key highlights

Zoning Mixed-Use Development
Ownership Fee Simple
APN 28-37-15-00-00001

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

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

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

Property details

Key facts

Building Size: 495,712 sqft
Lot Size: 11 acres
Stories: 3
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	-	-	-	-	-

Features and amenities

Property Features

Zoning: Mixed-Use Development
Ownership: Fee Simple
APN: 28-37-15-00-00001

Highlights

Prime Location: Strategically located east of N. Federal Highway in Melbourne, FL, with high visibility and easy access.
Qualified Opportunity Zone: The property is in a newly designated Opportunity Zone, offering significant tax benefits for investors.
Substantial Tax Incentives: Investors can defer federal taxes on capital gains, potentially reduce that tax payment by up to 15%, and pay as little as zero taxes on profits if the investment is held for 10 years.
Ideal for Capital Gain Investments: The federal program incentivizes rolling over capital gain investments into this development, making it a highly attractive financial opportunity.
Comprehensive Mixed-Use Project: The site is a planned mixed-use development, including single-family homes, apartments, retail, and more, which will attract a diverse group of residents and consumers.
Strategic Growth Area: Situated in the heart of the Space Coast, the development is poised to attract a wide range of residents, professionals, and consumers due to its proximity to major employers and tourist attractions like the Kennedy Space Center.

Location

Address as shown by the lister.

Get directions

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-MedicalCampusOMCompressed.pdfPDF · 20.8 MB

Links

6 links

Frequently asked questions

Where is Melbourne City Centre - Medical Campus - Florida 32901 located?

The property is in 3999 S Babcock St #3, 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 495,712 sqft. The lot is 11 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-26321
Published: Sep 16, 2025
Last updated: May 13, 2026
Views: 133

Report a problem with this listing

Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.