Price: $187,500
2513 Lipscomb StreetMelbourne, FL 32901
Click Image to View More
2,607
Square Foot
5
Bedrooms
5.00
Full Baths
1
½ Baths
No
Pool
No
Waterfront
1930
Year Built
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.
Exterior Features
N/A
Interior Features:
N/A
Equipment / Appliances:
None
Utilities:
Other
Property Details
Street Name:
County:
Brevard
Listing Status:
Active
Tax Year:
2025
Pool:
No
Private Pool:
No
Waterfront:
No
Zip Code:
Subdivision:
None
Construction:
Stucco
Tax Amount:
$1,319
Furnishings:
Unfurnished
Parking:
Other
HOA Dues:
$0.00
Additional Rooms:
Kitchen, Living Room, Primary Bedroom
2513 Lipscomb Street Melbourne, FL 32901
This listing is courtesy of Elevate Realty LLC.
Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.
Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Share: