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2513 Lipscomb Street, Melbourne, FL 32901

Melbourne
Local realty services provided by:CENTURY 21 Results
2513 Lipscomb Street,Melbourne, FL 32901
$187,500
  • 5 Beds
  • 5 Baths
  • 2,607 sq. ft.
  • Single family
  • Active
Listed by: laura auten
Office: elevate realty llc.
MLS#:1070455
Source:FL_SPACE

Price summary

  • Price:$187,500
  • Price per sq. ft.:$71.92

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 #:1070455
  • Added:1 day(s) ago

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1
  • Rooms Total:3
  • Kitchen Description:appl_
  • Living area:2,607 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:2,607 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Stucco

Schools

  • High school:Melbourne
  • Middle school:Stone
  • Elementary school:Harbor City

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$187,500
  • Price per sq. ft.:$71.92
  • Tax amount:$1,319 (2025)

Features and amenities

  • Laundry features:appl_
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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