2517 Lipscomb St, Melbourne, FL, 32901
About This Home
Completely renovated 2/2 block mixed used single-family home is perfectly situated on a 0.48-acre. in a thriving commercial development district east of Melbourne, near US 1. The property boasts a brand new METAL roof, IMPACT windows, 2 wall AC units, wood-tile flooring throughout the home, brand new kitchen with 42 inch cabinets , quartz countertops with brand new appliances , brand new bathrooms with modern plumbing , new electrical systems , new plumbing and sewer. It presents a fantastic opportunity for a starter home or for investment. With one residential building and 1008 square feet of space, the possibilities are endless. Plenty room for RV , boat or second resident. Plus, enjoy the convenience of being within walking distance to downtown Melbourne , to river and a short drive to the ocean. Security cameras and partial furniture can stay.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1959
Materials
- Roof: Metal
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Range,Microwave,Refrigerator
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Built-in Features,Ceiling Fan(s),Primary Bathroom - Shower No Tub
- Window features: Skylight(s)
- Flooring: Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total interior livable area: 1,008 sqft
Property
Details
- Parcel number: 283711Fj00003.00014.00
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Fenced,Full,Wire,Wood
Lot
- Lot size: 0.48 Acres
- Features: Other
Parking
- Parking features: Additional Parking,Carport,Electric Vehicle Charging Station(s),RV Access/Parking
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Inland Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,410 | $16,920 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $524 | $6,288 |
| Electricity | $197 | $2,366 |
| Total | $2,445 | $29,340 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-06 | Price change | $279,000 |
| 2026-06-03 | Listed for sale | $289,900 |
| 2024-10-28 | Sold | $70,000 |
| 2024-09-10 | Pending sale | $85,000 |
| 2024-09-08 | Price change | $85,000 |
| 2024-09-05 | Listed for sale | $110,000 |
| 2012-11-21 | Listing removed | $39,900 |
| 2012-09-28 | Listed for sale | $39,900 |
| 2012-07-21 | Listing removed | $40,000 |
| 2012-01-21 | Listed for sale | $40,000 |
| 2003-10-06 | Sold | $46,500 |
| 2001-11-16 | Sold | $34,900 |
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