2513 Lipscomb Street
Melbourne, FL 32901
MLS #: 1070455
Property Type: Residential
Beds: 5
Full Baths: 5.00
Half Baths: 1
List Date: 02-26-2026
Year Built: 1930
2,607 Sq. Ft.
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.
Equipment / Appliances
None
Street
Lipscomb Street
County
Brevard
Listing Status
Active
Tax Year
2025
Pool
No
Private Pool
No
Utilities
Other
Additional Rooms
Kitchen, Living Room, Primary Bedroom
Waterfront
No
ZipCode
Subdivision
None
Construction
Stucco
Tax Amount
$1,319.44
Furnishings
Unfurnished
Parking
Other
HOA Dues
$0.00
2513 Lipscomb StreetMelbourne, FL 32901
This listing is courtesy of Elevate Realty LLC.
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