2513 Lipscomb Street Melbourne, FL 32901
Pending MLS# A4684029
5 beds 5 baths 2,607 sq ft Single Family
Details for 2513 Lipscomb Street
MLS# A4684029
Description for 2513 Lipscomb Street, Melbourne, FL, 32901
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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Pending
Bedrooms: 5
Bathrooms: 5
Lot Size: 0.18 Acres
Square Feet: 2,607 sq ft
Year Built: 1930
Stories: 1 Story
Construction: Stucco
Subdivision: Town/Hoparkins
Foundation: Crawlspace,Other
County: Brevard
Room Information
Main Floor
Kitchen: 8x10
Living Room: 14x16
Primary Bedroom: 14x12
Bathrooms
Full Baths: 4
1/2 Baths: 1
Additonal Room Information
Laundry: Other
Interior Features
Flooring: Other
Basement: Crawl Space
Additional Interior Features: Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Other
Cooling: Other
Heating: Other
Exterior / Lot Features
Roof: Other
Lot Dimensions: 47.25x125
Additional Exterior/Lot Features: Other
Driving 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
Financial Considerations
Terms: Cash,Conventional,VA Loan
Tax/Property ID: 28 3711-FJ-3-12.01
Tax Amount: 1319.44
Tax Year: 2025
A broker reciprocity listing courtesy: ELEVATE REALTY LLC
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 2513 Lipscomb Street
Sales History
| Date | Price | |
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| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2513 Lipscomb Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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