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Published on: Tuesday, September 16, 2025
Updated on: Wednesday, September 17, 2025
About the Lister
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Name: Manuel Chamizo III
Company: ONE Sotheby's
Office Phone:  
Cell Phone: (786) 486-6655
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  Melbourne City Centre - Medical Campus

3999 S Babcock St #3 Melbourne Florida , 32901
3999 S Babcock St #3 Melbourne Florida , 32901  ONE Sotheby's
Listing ID: CL-Florida-26321 Mixed Use/Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Florida-26321
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 495,712.00 SqFt
Lot Size: 11.38 Acre
No of Stories: 3
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | MCC-MedicalCampusOMCompressed.pdf ( 21,277.04KB)
Listing Summary
Proposed Mixed-Use Development: Melbourne City Center
Complete Details
Year Build: N/A
Building Size: 495,712 SqFt.
No of Stories: 3
Total Lot Area: 11.38 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

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.

Additional Properties
Property 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.
Features
  • Zoning: Mixed-Use Development
  • Ownership: Fee Simple
  • APN: 28-37-15-00-00001

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053 Request Quote
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126 Request Quote
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Listing Location
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