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2513 LIPSCOMB STREET - MELBOURNE, FL - 5bd/5ba - $187,500

2513 LIPSCOMB STREETMELBOURNE, FL 32901

Active0 views0 saves
$187,500
Investimate®$221,250
5beds
5baths
2,607sqft
1930built
5days on market
0.18acre lot

Financial Information

Property Tax

$1,319.44 (2025)

Key Details

Property Type

Residential

Property Subtype

Single Family Residence

Garage

N/A

Lot Size

0.18 acres

Price per sqft

$72

Cooling

Other

Heating

Other

Days on Market

5 days

Year Built

1930

Subdivision

TOWN/HOPARKINS

Property Features

Appliances

Other

Flooring

Other

Price History

DateEventPriceChangeSource
2/25/2026Listed$187,500MLS
2/26/2026Back on Market$187,500+$0(+0.0%)MLS

About This Home

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.

About 2513 LIPSCOMB STREET, MELBOURNE

This 5 bedroom, 5 bathroom property located at 2513 LIPSCOMB STREET in MELBOURNE, FL 32901 is currently available. The home features 2,607 square feet of living space and was built in 1930.

Explore more homes for sale in MELBOURNE, FL or search for properties in the 32901 zip code.

Looking for properties near 2513 LIPSCOMB STREET? Browse MELBOURNE real estate listings or view properties in 32901.

Frequently Asked Questions About 2513 LIPSCOMB STREET

What is the price of 2513 LIPSCOMB STREET?

The current list price for 2513 LIPSCOMB STREET is $187,500.

How many bedrooms and bathrooms does 2513 LIPSCOMB STREET have?

2513 LIPSCOMB STREET has 5 bedrooms and 5 bathrooms, with 2,607 square feet of living space.

What is the address of this property in MELBOURNE, FL?

The property address is 2513 LIPSCOMB STREET, MELBOURNE, FL 32901.

When was 2513 LIPSCOMB STREET built?

2513 LIPSCOMB STREET was built in 1930.

What is the MLS number for 2513 LIPSCOMB STREET?

The MLS listing ID for 2513 LIPSCOMB STREET is A4684029.

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