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Sold

Sold·Closed May 14, 2025·289 days on market

Lot 7 NE 73 Avenue

Melrose, FL 32666

$90,000sold priceListed at $110,500 · 81.4% of askingMLS# 2037754
5.38
Acres
234,353
Lot Sq Ft
—
Dimensions
No
Waterfront
—
Zoning
—
Sewer
HOA $67/mo5.38 acresUnimproved Land

About this lot

Melrose

Build Your Dream Home in the Gated Community of LAKE BONNET WOODS. This community is home to 24 parcels ranging from 5 to 15 acres. Each owner has PRIVATE DEEDED ACCESS to Lake Bonnet. The community Gazebo and beach access also serves as a launching area for kayaks, canoes and other for the 'water lovers.' If you want to challenge yourself, then swim to the private swimming platform & relax 'there', in the serenity of the natual setting. With OVER 5 full acres to design and build your estate, you have enough room to 'dream.' The HOA allows for each owner to have 2 residential structures, plus a pole barn is desired. Owners also may have the choice to keep their farm animal pets on their property as well. No need to put your horse in a stable or the cow at another location, just bring them with you! Lake Bonnet Woods is a very quiet, peaceful community. The only gated community in Earleton, FL. Come take a tour of this beautiful property today !

Cost to own

Carrying cost

What holding this lot costs per month at the asking price. Land loans run on different terms than a home mortgage, so the payment is left out; ask for current lot-loan terms.

HOAbilled annually$67
Estimated total, taxes and HOA$67/mo
  • • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
  • • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Around this address

Nearby, from public data

The closest public beach, park, water access, league fields and grocery store from this home's location.

Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; stores from state food permits and each chain’s store list. Distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.

Cost to own

Taxes & assessment

2023 property taxes (current owner): $1,403/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Sources: Florida DOR certified tax roll, NEFMLS.

Closed sales

What sold nearby

Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $18,346 an acre; this lot is listed at $20,539 an acre.

AddressClosedPrice$/acreAcresDOMMiles
Lot 6 NE 69th Place, Melrose, FL 32666Listed by FLORIDA HOMES REALTY & MTG LLCApr 2025$142,000$18,3467.74410.6
0 NE US Hwy 301, Waldo, FL 32694Listed by UNITED REAL ESTATE GALLERYJul 2026$79,900$15,6365.11573

Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this lot is worth; Krista runs the adjustments per lot.

Features

Price$110,500
Acres5.38 acres
TypeLand
Sub-TypeUnimproved Land
StatusClosed
Is WaterfrontNo

Community Information

AddressLot 7 NE 73 Avenue, Melrose, FL 32666
Area721-Orange Heights-North Of SR-26
SubdivisionLake Bonnet Woods
CityMelrose
CountyAlachua
StateFL
Zip Code32666
Lot Size234,352.8 sq ft
Parcel Number18648-001-007
ZoningSingle Family

Amenities

AmenitiesOther, Gated, Water
UtilitiesElectricity Available, Sewer Not Available, Water Not Available
Water SourceNone

Interior

SecuritySecurity Gate

Exterior

Lot DescriptionWooded
Road FrontageCounty Road, Private Road

Additional Information

Date ListedJuly 18, 2024
Days on Market289
HOA Fees$800 / Annually
HOA FrequencyAnnually
HOA NameCitadel Property Management Group
HOA Fee IncludesMaintenance Grounds
Tax Amount$1,403.39
Tax Year2023
Listing TermsCash, Conventional, FHA, USDA Loan, VA Loan

Listing Courtesy of: FLORIDA HOMES REALTY & MTG LLC

Sold by: FLORIDA HOMES REALTY & MTG LLC (buyer's brokerage)

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on May 14, 2025. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.

Text Krista about this saleHomes for sale nearby →

20+ years · 500+ closings · NE Florida

Is this home priced right?

Ask Krista and she'll email you her read on how this price compares with recent sales nearby.

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