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3999 Babcock
Melbourne, FL 32901

Melbourne City Center - Townhome Development · Land For Sale · 12.38 AC

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Investment Highlights

Opportunity Zone
12 Acre Site - 104 Townhome Development

Prime Development Opportunity

Executive Summary

One Sotheby's os proud to present this 12 Acre parcel is part of a master planned community development known as Melbourne City Center. Melbourne City Center is a 227Acre site will feature recreational areas, play areas, pavilions, a fitness trail & more and has plan approval for the development of 104 townhomes;

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Residential
Sale Conditions	Redevelopment Project	Total Lot Size	12.38 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	12.38 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$6,968,000	Lot Size	12.38 AC
Price Per AC	$562,843

Price	$6,968,000
Price Per AC	$562,843
Lot Size	12.38 AC

One Sotheby's is proud to present this 12 Acre parcel is part of a master planned community development known as Melbourne City Center.

Description

Melbourne City Center is a proposed sustainable mixed-use development consisting of single family homes, apartments, a retail center, medical and professional campus, senior living facility, university site, charter school, and restaurants and entertainment. The tremendous site along with its mix of usages attracts residents, professionals, university students, and consumers. The development lives in the heart of the Space coast, near Cape Canaveral, which hosts The Kennedy Space Center.

PROPERTY TAXES

Parcel Numbers	Multiple 28-37-15-YU-00000.0-000A.00 28-37-15-YU-00000.0-000B.00	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$201,450

PROPERTY TAXES

Parcel Numbers

Multiple

28-37-15-YU-00000.0-000A.00
28-37-15-YU-00000.0-000B.00

Land Assessment

Improvements Assessment

Total Assessment

$201,450

zoning

Zoning Code	Multiple Zoning (Multiple Zoning)
Multiple Zoning (Multiple Zoning)

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Listing ID: 26226034
Date on Market: 7/21/2022
Last Updated:
Address: 3999 Babcock, Melbourne, FL 32901

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