Depends on who you ask. Many SEO's like to keep any of their relates sites not just on different IP's, but on different c-blocks. It probably won't be much of an issue in the meantime if you don't interlink them, but who knows if google will crack down on it more in the future.
Being that somebody could be on your server's shared IP address with a website of the same topic, it's doubtful that you'd be penalized for it. But if both (or all) the domains have the same whois info, and are registered through the same registrar, you could potentially run into some issues as that would make it a lot easier for the bots to tie the domains together.