2513 LIPSCOMB St, Melbourne, FL 32901
- Beds
- 5
- Baths
- 5
- Sqft
- 2,607
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 5
- Number of bathrooms
- 5
- Square feet
- 2,607
- Lot size (acres)
- 0.18
- Year built
- 1930
Interior features
- Laundry
- Other
Utilities
- Heating
- Other
- Cooling
- Other
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $1,319.44
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: A4684029 Last checked: …
