Commercial For sale Retail Shopping Mall

Melbourne City Centre - Mixed Use - Florida 32901

3999 S Babcock St # 4, Melbourne, Florida 32901

Price not disclosed

Listed Sep 16, 2025

1,916,640 sqft

Building

44 sqft

Lot

Class A

Class

About this property

Melbourne City Centre - Mixed Use - Florida 32901 is a retail for sale in Melbourne, Florida. Key details: building size 1,916,640 sqft, lot size 44 sqft, building class Class A, property status Normal Sale. Listed by Manuel Chamizo III of ONE Sotheby's on LoopingCloud and last updated May 13, 2026.

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 highly visible, high-traffic site at the intersection of Babcock Street and Pirate Lane. Its prime location offers excellent accessibility, situated east of Interstate 95 and south of the Orlando-Melbourne International Airport.

This development is designed to attract a diverse community of residents, professionals, students, and consumers with a blend of residential, commercial, and institutional uses. It will include single-family homes, apartments, a retail center, a medical campus, senior living, a university site, a charter school, and various restaurants and entertainment venues.

This is a unique investment opportunity because the property is in a newly qualified Federal Opportunity Zone, offering significant tax incentives for investors. This program allows for substantial tax reductions and the potential for tax-free profits if the investment is held for at least 10 years.

Key highlights

APN 28-37-15-00-00001
Ownership Fee Simple

Lending Opportunities

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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: 1,916,640 sqft
Lot Size: 44 sqft
Building Class: Class A
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

APN: 28-37-15-00-00001
Ownership: Fee Simple

Highlights

Prime Location: Located in a desirable area of Melbourne, FL, in the heart of the Space Coast.
Federal Opportunity Zone: The property is a newly certified Opportunity Zone, providing powerful tax advantages.
Capital Gains Deferral: Investors can defer federal taxes on recent capital gains until December 31, 2026.
Tax Reduction: The program offers up to a 15% reduction on the deferred tax payment.
Potential for Tax-Free Profits: The investment may be exempt from taxes on potential profits if held for 10 years.
Comprehensive Mixed-Use Plan: A diverse project including residential, commercial, medical, educational, and senior living components.
High Traffic Volume: The site on Babcock Street benefits from a significant daily traffic count of 36,000.
Strategic Accessibility: Easy access from I-95 and a short distance from the Orlando-Melbourne International Airport.
Broad Appeal: Designed to attract a wide demographic, from residents and students to professionals and consumers.
Proximity to Attractions: Located near major landmarks like Cape Canaveral and the Kennedy Space Center.

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-MixedUseOMCompressed.pdfPDF · 21.2 MB

Links

6 links

Frequently asked questions

Where is Melbourne City Centre - Mixed Use - Florida 32901 located?

The property is in 3999 S Babcock St # 4, 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 1,916,640 sqft. The lot is 44 sqft.

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-26335
Published: Sep 16, 2025
Last updated: May 13, 2026
Views: 199

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