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2513 Lipscomb Street, Melbourne, FL 32901

Melbourne
Local realty services provided by:CENTURY 21 Carioti
2513 Lipscomb Street,Melbourne, FL 32901
$157,500
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: laura auten
Office: elevate realty llc.
MLS#:A4684029
Source:MFRMLS

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Price summary

  • Price:$157,500

About this home

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.

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Home facts

  • Year built:1930
  • Listing ID #:A4684029
  • Added:106 day(s) ago
  • Updated:June 13, 2026 at 07:09 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1
  • Basement Description:Crawlspace

Structure and exterior

  • Year built:1930
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$157,500
  • Tax amount:$1,319 (2025)

Features and amenities

  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Carioti is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Carioti, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

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