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Published on: Thu, Dec 26, 2024 2:55 PM

Updated on: Thu, Apr 17, 2025 2:24 PM

About the Lister

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

ONE Sotheby's
Listing ID: CL-Florida-26321 Mixed Use/Retail

Purchase Option

Asking Price: $124,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): Contact Lister

Net Operating Income: Contact Lister

Quick Glance

Listing ID: CL-Florida-26321

Status: Price not Disclosed

Property Status: Normal Sale

Building Status: Existing

Year Built: 1979

Building Size: 704.00 Sq Ft.

Total Rooms: 2

No of Bedrooms: 1

No of Bathrooms: 1

No of Half Bathrooms: N/a

No of Total Units: 3

Lot Area: 704.00 Sq Ft.

No of Stories: 4

No of Parking: 1

No of Garages: N/a

Pool: Yes

Water Front: No

Roofing: Not Specified

Attached Documents

Download | MCC-MedicalCampusOMCompressed.pdf ( 21,277.04KB)

Listing Summary

Oversized 1 bedroom unit! Located on the 2nd floor with great views and lots of natural light. Best price in the community.

Complete Details

Year Build: 1979

Building Size: 704

Total Lot Area: 704

No. of Stories: 4

No. of Parking: 1

No. of Total Units: 3

No. of Bed Rooms: 1

No. of Bath Rooms: 1

No. of Half-Baths: 0

No. of Garages: 0

No. of Kitchen: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Furnished: No

Water Front: No

Pool: Yes

Roofing: Not Specified

Detail Description

Great Value in a Prime Location! This spacious property offers the best price in the community, featuring a generous balcony with a lovely view of the flourishing parking area. With extra closet space, an A/C replacement in 2021, and a well-maintained interior, it’s ready for your personal touch. While it could use some TLC, it's overall in great condition. Enjoy the convenience of an elevator and laundry on the first floor. The pool will be ready for summer 2025, making this an even better investment. Sold as-is – don’t miss out on this affordable gem.

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
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

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Listing Address

Additional Links

Other: https://www.theflabroker.com/properties-for-sale/
Other: https://www.onesothebysrealty.com/realestate/agent/manny-chamizo/
Social: https://www.instagram.com/mannychamizo/?hl=en
Social: https://www.linkedin.com/in/manny-chamizo-iii-a4b8573
Social: https://www.facebook.com/chamizo1/
Other: https://www.theflabroker.com/

Contacts

No Additional Contacts.

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