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Sold·Closed Apr 14, 2025·160 days on market
204 1st Street
Melrose, FL 32666
About this home
Melrose
Welcome to this stunning 2023-built home on 5.85 acres of tranquil waterfront property in the charming town of Melrose. Designed as a forever home, this spacious residence features 5 bedrooms and 3 baths, offering a perfect blend of comfort and elegance. The cozy living room boasts a real wood-burning fireplace, ideal for relaxing evenings. The gourmet kitchen is a chef's delight, complete with stainless steel appliances, granite countertops, and a built-in coffee bar in the dining area. Enjoy breathtaking lake views through the sliding glass doors, leading you directly to your private outdoor oasis. The primary suite is a sanctuary with a luxurious shower, garden tub, and double sinks. The secondary bathroom is thoughtfully designed with an extra-large tub and double sinks, perfect for family needs. One of the five bedrooms can easily be converted into a home office or creative space.
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • 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.
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
Cost to own
Taxes & assessment
2023 property taxes (current owner): $165/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.
History
Price & status history
- Sep 25, 2024Listed$330,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
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 $226/sq ft; this home is listed at $159/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 240 Swan Lake Drive, Melrose, FL 32666Listed by COLDWELL BANKER BEN BATES INC | Aug 2026 | $427,500 | $226 | 3/2 | 1,890 | 31 | 0.3 |
| 251 Swan Lake Drive, Melrose, FL 32666Listed by RIVER CITY RENTALS AND REALTY | Sep 2026 | $367,000 | $184 | 3/2 | 2,000 | 26 | 0.5 |
| 6204 Blue Marlin Drive, Keystone Heights, FL 32656Listed by TPR REAL ESTATE GROUP INC | Sep 2026 | $420,000 | $232 | 4/2 | 1,810 | 66 | 1.4 |
| 6235 Blue Marlin Drive, Keystone Heights, FL 32656Listed by RIVER CITY RENTALS AND REALTY | Jun 2026 | $367,000 | $184 | 3/2 | 2,000 | 109 | 1.5 |
| 6192 County Rd 219, Melrose, FL 32666Listed by COLDWELL BANKER BEN BATES INC | Dec 2025 | $615,000 | $254 | 4/3 | 2,418 | 259 | 1.5 |
| 141 Tucker Lake Road, Melrose, FL 32666Listed by CENTURY 21 LAKESIDE REALTY | Jul 2026 | $325,000 | $202 | 3/2 | 1,612 | 132 | 1.7 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Additional Information
Listing Courtesy of: YOUR HOME SOLD GUARANTEED JESSE WARMKA TEAM
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.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Apr 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
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
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Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines