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2513 Lipscomb St, Melbourne, FL 32901

  • $177,500

    •

  • 5

    bed

  • 5

    bath

  • 2,607

    Sqft ($68/Sqft)

House pending
11 homes bought nearby with Movoto recently

About 2513 Lipscomb St

Property type House
Year built 1930
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Rental estimate
Property description
Prime Investment Opportunity in Melbourne! This unique property offers strong upside for investors and builders alike. The rear home (2513) is already cash flowing, featuring 2 bedrooms and 2 bathrooms with an in-place tenant paying $1,475/month, providing immediate income. The front home (2511) offers significant value-add potential and is being sold primarily for land value, with options to renovate using existing plans for a 3/2 layout or redevelop the site. Full permits and plans have been submitted to the city for improvements to the rear property. Whether you choose to hold for income, renovate, or explore future redevelopment, this property presents a rare opportunity just under one mile from the ocean in a highly desirable area. A versatile investment with both current returns and long-term potential.
Listed by
Listing Agent - Laura Auten
Listing Agent Contact: 561-427-3923
Listing Office - Elevate Realty LLC
Source: Space Coast Association of REALTORS mls logo
MLS#1070455 • last updated 1 month ago
Movoto checked Space Coast Association of REALTORS for data 6 minutes ago
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Overview
Cooling/AC Other
Heating Other
Levels/Style 1
MLS # 1070455
SubType Single Family Residence
Living Area 2607
Status Pending
Lot Size (Acres) 0.18
Lot Size (SqFt) 7841
Property Tax 1319.44
Year Built 1930
Interior
Total # of Bathrooms 5
# of Full Baths 4
# of Half Baths 1
Total # of Bedrooms 5
Total # of Rooms 3
Appliances None
Exterior
Construction Stucco
Parking Other
Lot Features Other
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Other
Utilities Other
Location
Subdivision None
County Brevard
Elementary School Harbor City
Middle School Stone
High School Melbourne
APN 28-37-11-Fj-00003.0-0012.01
Directions Turn Right Onto Malabar Rd SE/FL-514 Toward Malabar, Turn Left Onto Babcock St NE/FL-507/County Hwy-507, Follow Babcock St NE/FL-507/County Hwy-507, Turn Right Onto E University Blvd, Turn Left Onto Lipscomb St
Lot/ Land Details
Add'l Parcel(s) 2825010
Current Use Single Family
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Have a question about this property? Call us at (844) 430-0869
6/10
Harbor City Elementary School
public Grades PK, K-6
Brevard Public Schools
2/10
Stone Magnet Middle School
public Grades 7-8
Brevard Public Schools
5/10
Melbourne Senior High School
public Grades 9-12
Brevard Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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54/100
Walk
60/100
Family
63/100
Dining
89/100
Pet
  • Real Estate
  • FL
  • Brevard County
  • Melbourne
  • 32901
  • 2513 Lipscomb St

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