2513 Lipscomb St

Melbourne, FL 32901

$177,500
Price
5
Beds
2,607 Sq. Ft.
$68 / Sq. Ft.
2,607
Sq. Ft.
$68
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Pending
Pending
a house with a outdoor space
a house with trees in the background
a view of a house with a backyard
a view of a lake view

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...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.
  1. Listed by Laura Auten • Brokerage DRE #1062925 • ELEVATE REALTY LLC • Laura@elevaterealtypro.com

Property Details for 2513 Lipscomb Street

Subdivision Name
TOWN/HOPARKINS
Township
28
Waterfront
No
Furnished
Unfurnished
LISTING UPDATED: 04/27/2026 03:28 PM

Property Details for 2513 Lipscomb Street

StatusPending
MLS #A4684029
Days on Market42
Taxes$1,319 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1930
Lot Size0.18 AC / 7,841 SF
CountyBrevard County
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Location

Listing Courtesy of ELEVATE REALTY LLC, Laura Auten
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Building Information for 2513 Lipscomb Street

Stories1Year Built1930Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

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$1,004 per month

30 year fixed, 6.46% Interest

Principal and Interest

$894

Property Taxes

$110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2513 Lipscomb Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2607.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • 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
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2513
  • Street Name: LIPSCOMB
  • Street Suffix: STREET
  • State: FL
  • City: MELBOURNE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 3
  • Tax Book Number: 2-65
  • Tax Legal Description: HOPKINS PLAT PART OF LOT 12 BLK 3 AS DESC IN ORB 1313 PG 1028 EXC RD R/W
  • Tax Lot: 12
  • Tax Year: 2025
Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Single Family
  • Lot Size Dimensions: 47.25 x 125
  • Parcel Number: 28 3711FJ312.01
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: C1
  • Living Area: 2607
  • Lot Dimensions: 47.25 x 125
Property and Assessments
  • Year Built Numeric: 1930
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 37
  • Public Survey Section: 11
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Other
  • Foundation Details: Crawlspace, Other
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Other
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 4
  • Appliances: Other
  • Cooling: Other
  • Fireplace: No
  • Flooring: Other
  • Heating: Other
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 1

Property History for 2513 Lipscomb Street

DateEvent & SourcePriceAppreciation
Apr 9, 2026

Pending

SCMLS #1070455

—
Apr 9, 2026

Pending

MFRMLS #A4684029

—
Apr 8, 2026

Price Change

SCMLS #1070455

$177,500—
DateEvent & SourcePrice
04/09/2026

Pending

SCMLS #1070455

—
04/09/2026

Pending

MFRMLS #A4684029

—
04/08/2026

Price Change

SCMLS #1070455

$177,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2513 Lipscomb Street

Taxable ValueLand$3,500Additions$27,220Total$30,720
Tax Record2023$536 ($45 / month)
Home Facts
Beds2Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories1Lot Size2,178 SqFtStyleSingle Family ResidenceYear Built1967Year Renovated1980ZoningC1CountyBREVARDAPN28-37-11-FJ-00003.0-0012.03

Schools near 2513 Lipscomb Street

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Harbor City Elementary School
Public - PK to 6
Stone Magnet Middle School
Public - 7 to 8
Melbourne Senior High School
Public - 9 to 12
Florida High School For Accelerated Learning -Brevard County
Charter - 7 to 12
Rating
School
Distance
Harbor City Elementary School
PublicPK to 6

Stone Magnet Middle School
Public7 to 8

Melbourne Senior High School
Public9 to 12

Florida High School For Accelerated Learning -Brevard County
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ELEVATE REALTY LLC, Laura Auten

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/27/2026 03:28 PM