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Sold

Sold·Closed Jun 18, 2025·60 days on market

5930 Island Road

Melrose, FL 32666

$400,000sold priceListed at $425,000 · 94.1% of asking$288/sqftMLS# 2081779
2
Beds
2
Baths
1,388
Sq Ft
1994
Built
2
Garage
No
Pool
No HOA0.54 acresWaterfrontSingle Family Residence1 story

About this home

Melrose

Welcome to this adorable Santa Fe canal home with navigable access to the big lake! Perfect as a primary or weekend home as well as a vacation rental. Circular driveway and detached garage along with a dock and boat slip at the water's edge. Open living concept with 16' ceilings in the living room and a gas fireplace as the center focal point. Lakeside Florida room overlooking the canal provides a serene place to relax. Updates include Granite countertops, windows, roof, HVAC, LVP flooring and appliances. This home was custom built by the previous owners and has been well loved! Don't miss your chance @ waterfront living before Summer arrives so you can enjoy the lake life!

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.4% · 30yr$2,216
Estimated total, before insurance$2,216/mo
  • • 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

$400,000
$80,000
Loan Term
Monthly Payment
$2,216
Principal & Interest: $2,216
Insurance (est.): $267
Estimated Total Monthly
$2,482
*30-year loan at 7.4% APR (avg 30-yr rate 2026-10-15, Freddie Mac PMMS via FRED). Taxes vary by county; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Flood zone not yet determined

Check the exact parcel at msc.fema.gov or ask Krista to pull it.

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Evacuation zone not yet determined

Check floridadisaster.org/knowyourzone.

Roof: Shingle — year not disclosed (home built 1994)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Solar potential: ~1,328 usable sun-hours per year

Moderate solar exposure — shade or roof orientation limits panel output here.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

This Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

Around this address

Nearby, from public data

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

Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; 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.

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 $182/sq ft; this home is listed at $306/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
6027 Dogwood Lane, Melrose, FL 32666Listed by CENTURY 21 LAKESIDE REALTYNov 2025$319,900$1823/21,753930.4
5215 NE 255th Drive, Melrose, FL 32666Listed by CB ISAAC REALTYMay 2025$225,000$2212/11,0201500.9
107 Eliam Road, Melrose, FL 32666Listed by FLORIDA HOMES REALTY & MTG LLCSep 2026$194,000$1603/21,216301.1
104 South Street, Melrose, FL 32666Listed by CENTURY 21 LAKESIDE REALTYMay 2025$217,000$1610/01,344791.2
7415 NE 222nd Street, Melrose, FL 32666Listed by TREVOR WATERS REALTY, INC.Jul 2025$600,000$3563/21,68731.6
7526 NE 221st Street, Melrose, FL 32666Listed by FLORIDA HOMES REALTY & MTG LLCSep 2026$105,000$743/21,423321.7

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

Price$425,000
Price / Sq Ft$306
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,388
Total Structure Area1,820 sq ft
Acres0.54 acres
Year Built1994
TypeResidential
Sub-TypeSingle Family Residence
Property ConditionUpdated/Remodeled
StatusClosed
# of Garages2
Has PoolNo
Is WaterfrontYes

Community Information

Address5930 Island Road, Melrose, FL 32666
Area721-Orange Heights-North Of SR-26
SubdivisionCanal Shores
CityMelrose
CountyAlachua
StateFL
Zip Code32666
Lot Size23,522.4 sq ft
Parcel Number18772012000
ZoningResidential

Amenities

UtilitiesElectricity Connected, Water Connected
SewerSeptic Tank
Water SourcePublic
ParkingCircular Driveway, Detached, Garage
ViewCanal
Waterfront TypeCanal Front

Interior

Interior FeaturesPantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
AppliancesDishwasher, Electric Cooktop, Electric Range, Refrigerator
HeatingCentral
CoolingCentral Air
FlooringVinyl
FireplaceYes
# of Fireplaces1
Fireplace FeaturesGas
# of Stories1
LaundryElectric Dryer Hookup, Washer Hookup

Exterior

Exterior FeaturesBoat Slip, Dock
Lot DescriptionDead End Street
Patio / PorchCovered, Front Porch, Rear Porch
RoofShingle

Additional Information

Date ListedApril 14, 2025
Days on Market60
Listing TermsAssumable, Cash, Conventional, VA Loan
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: FLORIDA HOMES REALTY & MTG LLC

Sold by: TPR REAL ESTATE GROUP INC (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 Jun 18, 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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