Back to search
2513 Lipscomb Street Melbourne, FL $ 187,500
Share Save
$ 187,500 Get more info
2513 Lipscomb Street
$ 187,500
Back to search
Recently Listed
Share Save

2513 Lipscomb Street

Melbourne, FL, 32901
$ 187,500
Bedrooms5 Baths4.1 Sq 2,607

Monthly Estimate*

$ 1,154

2513 Lipscomb Street, Melbourne, FL 32901 - Image 1
2513 Lipscomb Street, Melbourne, FL 32901 - Image 2
2513 Lipscomb Street, Melbourne, FL 32901 - Image 3
2513 Lipscomb Street, Melbourne, FL 32901 - Image 4

Single Family Home for sale in Melbourne, FL

for $187,500 with 5 bedrooms and 4 full baths, 1 half bath. This 2,607 square foot home was built in 1930 on a lot size of 0.18.

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.

See more
Single Family Active

Price

$ 187,500

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 1,319

Style

Single Family Residence

Lot Size

0.18

Year Built

1930

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1070455
Features
General
Living Area 2607
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Other
Possession Close Of Escrow
Appliances None
Construction Materials Stucco
Year Built 1930
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Current Use Single Family
Additional Parcels Description 2825010
County Brevard
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name None
Facing Direction West
Garage Y/N false
Total Rooms 3
Full Baths 4
Status Active
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
High School Melbourne
City Melbourne
Senior Community Y/N false
MLS Area 999 - Out of Area
Lot Size Units Acres
Lot Size Square Feet 7841
Carport Y/N false
Elementary School Harbor City
Tax Annual Amount 1319.44
Middle/Junior High School Stone
MLS Area Minor 999 - Out of Area
Standard Status Active
Legal Description HOPKINS PLAT PART OF LOT 12 BLK 3 AS DESC IN ORB 1313 PG 1028 EXC RD R/W
See more
Interior
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 5
Total Baths 5
See more
Exterior
Parking Features Other
Lot Features Other
Water Source Other
Lot Size Area 0.18
Lot Size Acres 0.18
Waterfront Y/N false
See more
* Excluded Features
List By
Elevate Realty Llc

Broker

laura@elevaterealtypro.com

Email

Affordability Calculator

$1,264
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,154
Monthly Property Taxes
$110
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4776008 Elementary School
4776009 Middle School
Melbourne High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/26/2026$187,500 Listed Price

Map

More homes like this one

homes for you

See all
See all

2513 Lipscomb Street, Melbourne, FL, 32901 is a Single Family Home for sale at $187,500 with 2,607 sqft and a lot size of 0.18. 2513 Lipscomb Street has 5 bedrooms, 4.1 baths, and was built in 1930. The property's zip code is 32901 which is in Melbourne, FL

Get more info