Date
Details
Price
Change
Source
2/26/2026
Listed
$187,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$187,500
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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.
Full Property Details
Full Property Details for 2513 Lipscomb St
General
- Price: $187,500
- Taxes: $1,319 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4684029
- Updated: 2/26/2026
- Added to Site: 37 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Other
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Other
Location
- Area: 32901 - Melbourne
- County: Brevard
- Development Name: 32901 - Melbourne
- Subdivision: TOWN/HOPARKINS
- 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
- Direction Faces: West
Community
- Community Name: 32901 - Melbourne
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Exterior Const.: Stucco
- Roof: Other
- Stories/Levels: One
- Square Feet: 2,607
- Sq. Ft. Source: Public Records
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
- Lot Dimensions: 47.25 x 125
- Street/Road Desc.: Dirt
Financial Considerations
- Tax Amount: $1,319.44
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HOPKINS PLAT PART OF LOT 12 BLK 3 AS DESC IN ORB 1313 PG 1028 EXC RD R/W
- Flood Zone Info: X
- APN: 28 3711FJ312.01
- Property ID: 28 3711FJ312.01
- Block/Lot/Section: 3
Listed by Elevate Realty Llc
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Listing agent
— 2513 Lipscomb St —
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Schools
Schools serving 2513 Lipscomb St
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Harbor City Elementary School 1377 Sarno Road, Melbourne, FL 32935 | PK-6 | 4.1 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 0.5 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2513 Lipscomb St
Estimate the Cost
Estimate the Cost for 2513 Lipscomb St
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2513 Lipscomb Street, Melbourne, FL 32901 (MLS# A4684029) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 2513 Lipscomb Street is currently listed for $187,500 and was received on February 26, 2026. Want to learn more about 2513 Lipscomb Street? Do you have questions about finding other Single Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.