Mar y Sol Properties

478 N Babcock Street, Melbourne, FL 32935 (MLS# 842713)


$1,000,000
478 N Babcock Street
Melbourne, FL 32935
MLS# 842713
Status: Closed
10915 sqft


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Property Description
Fully renovated in 2018. Very good condition with all new fixtures, carpet, paint, windows, LED lighting, HVAC, paint etc. Excellent location, and a great cash flow investment property. Current mix of tenants include: Office, Engineering, Technology, and Marketing. Beautiful renovation. Very inviting space to both tenants and guests. Full kitchen and break room.

Details
Maps
Location, Tax, and Legal
Tax Account: 2724571
Parcel Number: 27-37-21-00-00768.0-0000.00
General County Location: South
Tax Annual Amount: 9527.1
Tax Year: 2018
Tax Legal Description: PT OF SE 1/4 KNOWN AS UNNUMBERED LOT E OF LOTS 2,30, BLK 2 PB 10-57 EX DB 373 PG 463
Directions: Located on busy Babcock St, just south of US1. Over 23,000 cars per day pass this site (FDOT) Minutes from Melbourne Airport, Hospitals, Beaches.
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 10915
Lot Size Acres: 0.74
Association YN: No
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Water Body Access YN: No
Waterfront YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 114.52
Sold Price/SqFt: 91.62
Year Built: 1953
Remarks and Miscellaneous
Public Remarks: Fully renovated in 2018. Very good condition with all new fixtures, carpet, paint, windows, LED lighting, HVAC, paint etc. Excellent location, and a great cash flow investment property. Current mix of tenants include: Office, Engineering, Technology, and Marketing. Beautiful renovation. Very inviting space to both tenants and guests. Full kitchen and break room.
Construction Materials
Concrete: 1
Cooling
Central Building: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
Flooring
Carpet: 1
Heating
Central: 1
Listing Terms
Lease Option: 1
Possession
Close Of Escrow: 1
Roof
Rolled/Hot Mop: 1
Security Features
Smoke Detector(s): 1
Showing Requirements
Appointment Only: 1
Location
Central Business District: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,000,000
Original List Price: 1250000
Sold Price: $1,000,000
Status: Closed
Listing Contract Date: 2019-04-18
Property Sub Type: Business
Location Tax and Legal
Street Number: 478
Street Direction Prefix: N
Street Name: Babcock
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2019-10-21T14:41:47Z
Major Change Type: Status Change
Status Change Timestamp: 2019-10-21
Purchase Contract Date: 2019-08-19
Close Date: 2019-10-15
Close Price: 1000000
Property Features
Construction Materials: Concrete
Cooling: Central Building
Current Use: Commercial
Electric: 100 Amp Service
Flooring: Carpet
Heating: Central
Listing Terms: Lease Option
Location: Central Business District
Possession: Close Of Escrow
Roof: Rolled/Hot Mop
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Considerations: Occupied
Showing Requirements: Appointment Only

Listing Office: The Ullian Realty Corporation

Last Updated: November - 02 - 2024

Information is deemed to be reliable, but is not guaranteed.