Date
Details
Price
Change
Source
2/25/2026
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 Just Listed
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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: BrevardCounty
- MLS ID: 1070455
- Updated: 2/26/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: None
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Other
Location
- Area: 999 - Out of Area
- County: Brevard
- Subdivision: None
- 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
School Information
- Elementary School: Harbor City
- Middle School: Stone
- High School: Melbourne
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Other
- Utility Description: Other
Structural Information
- Exterior Const.: Stucco
- Stories/Levels: 1
- Square Feet: 2,607
- Living Area: 2,607 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $71.92
- Tax Amount: $1,319.44
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-37-11-Fj-00003.0-0012.01
Listed by Elevate Realty LLC
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Listing agent
— 2513 Lipscomb St —
Elevate Realty LLC
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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 Pitney Bowes 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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- Single Family
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2513 Lipscomb Street, Melbourne, FL 32901 (MLS# 1070455) 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 25, 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.