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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
Provide Your Service
Financing  Business  Material

  Melbourne City Centre -Education / School Campus

3999 S Babcock St #6 Melbourne Florida , 32901
3999 S Babcock St #6 Melbourne Florida                                                                                             , 32901  ONE Sotheby's
Listing ID: CL-Florida-26317 Mixed Use/Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Florida-26317
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 594,158.00 SqFt
Lot Size: 13.64 Acre
No of Stories: 2
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-SchoolCampusOMCompressed.pdf ( 21,303.12KB)
Listing Summary
Melbourne City Center: A Premier Mixed-Use Development in Florida's Space Coast
Complete Details
Year Build: N/A
Building Size: 594,158 SqFt.
No of Stories: 2
Total Lot Area: 13.64 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

Located in the heart of the Space Coast, this proposed mixed-use development, Melbourne City Center, offers a unique opportunity for growth and innovation. Situated on a high-visibility site at Babcock Street and Pirate Lane, the property benefits from a traffic count of 36,000 and is conveniently located east of I-95 and south of Orlando-Melbourne International Airport.

This tremendous site is designed to be a sustainable and vibrant hub, attracting a diverse community of residents, professionals, and students. The development will feature a thoughtful blend of usages, including:

  • Residential: Single-family homes and apartments

  • Commercial: A retail center, restaurants, and entertainment venues

  • Medical & Professional: A dedicated campus

  • Education: A university site and charter school

  • Senior Living: A purpose-built facility

With its strategic location near key attractions like Cape Canaveral and the Kennedy Space Center, Melbourne City Center is poised to become a thriving destination for living, working, and leisure.


Bullet Points

  • Location: Prime development site on Babcock Street and Pirate Lane in Melbourne, Florida.

  • Strategic Access: Highly visible location with a traffic count of 36,000, positioned east of I-95 and south of the Orlando-Melbourne International Airport.

  • Development Vision: A proposed sustainable mixed-use development and innovation hub.

  • Planned Components: The project includes single-family homes, apartments, retail, a medical/professional campus, senior living, a university site, a charter school, and various restaurants and entertainment options.

  • Target Audience: The diverse mix of uses is designed to attract residents, professionals, university students, and consumers.

  • Space Coast Advantage: Located in the heart of the Space Coast, near Cape Canaveral and the Kennedy Space Center.

Additional Properties
Property Highlights
  • Prime Location: Situated east of N Federal Hwy in a highly desirable area of Melbourne, FL.
  • Opportunity Zone Designation: The property is located within a newly qualified Opportunity Zone, certified by the U.S. Treasury Department.
  • Tax Incentives: The location offers substantial federal tax benefits for investors.
  • Capital Gains Deferral: Investors can defer federal taxes on recent capital gains until December 31, 2026.
  • Tax Reduction: The program provides up to a 15% reduction on the deferred tax payment.
  • Potential for Zero Taxes: Investors can pay as little as zero taxes on profits from their investment if held for 10 years.
  • Investment Vehicle: This is a new and powerful investment tool created by the Tax Cuts and Jobs Act of 2017.
  • Federal Program: The program is designed to attract and stimulate investment and development in the area.
  • Opportunity Fund: The tax benefits are accessed by rolling over capital gains into a property through a qualified Opportunity Fund.
  • Community Development: The program's goal is to bring new investment and development into specific, targeted communities.
Features
  • Sub Type: Religious/Church, School, Sports/Entertainment

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
Easy Home Loans, LLC Mortgage Broker Ana M Gonzalez (786) 525-7126 Request Quote
Universe Financial Corp Mortgage Broker Melody Bejerano (305) 505-3053 Request Quote

Business Opportunities

LoopingCloud is your gateway to connect with property buyers, sellers, and agents by showcasing your services, whether you specialize in legal support, title and escrow, inspections, appraisals, contracting or anything in between. Feature your business on residential and commercial listings and become a trusted part of every real estate transaction.
Company Name Business Type Contact Name Contact Number Actions
EW Title, LLC Title Services Erin (954) 849-7745 Request Quote
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1680 Meridian Ave , Miami Beach Florida                                                                                              33139
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999 Ponce de Leon , Coconut Grove Florida                                                                                              33134
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999 Ponce de Leon , Coconut Grove Florida                                                                                              33134
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10440 SW 186th Terrace , Cutler Bay Florida                                                                                              33157
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2498 NW 86th St , Miami Florida                                                                                              33147
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