2513 Lipscomb Street Melbourne FL 32901
Overview of 2513 Lipscomb Street, Melbourne, Fl 32901
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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.
This lovely single family home was built in 1930 and features 5 bedrooms, and 4 full bathrooms plus 1 half bath. This home for sale is 2,607 square feet, with 2,607 sq ft being air conditioned living space. The home has a does not have a private swimming pool.
Directions to this property are as follows: 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.
Please contact your ZFC agent for more information about MLS# 1070455 or any other homes for sale in Melbourne or elsewhere in the Brevard County area.
2513 Lipscomb Street Price Calculator
The payment calculator figures for 2513 Lipscomb Street, Melbourne, Fl 32901 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $1,319 but will likely change when this home sells. These estimations are calculated from a list price of $187,500 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 2513 Lipscomb Street
MLS# 1070455 Listing History
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Map of 2513 Lipscomb Street Melbourne FL 32901
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The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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