Active·354 days on market
8030 Gale Lane
Melrose, FL 32666
About this home
Melrose
Here's your opportunity to start with a blank slate and enjoy lake life! Half acre property on Lake Bundy with Artesian well, septic and electric pole. Existing structure needs extensive repairs and most likely an absolute tear down. Since pics taken, the siding has unfortunately deteriorated badly. Majority of value is in the land plus artesian well/septic/electric. Selling AS-IS, cash only. Bring your ideas and offers and enjoy quiet living in beautiful Melrose. Owner will consider owner financing with $5,000 down!!
Cost to own
Mortgage calculator
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $18,265 | $17,260 | — |
| 2024 | $18,265 | $15,691 | — |
| 2023 | $14,265 | $14,265 | — |
| 2022 | $14,265 | $14,265 | — |
| 2021 | $14,285 | $14,285 | — |
| 2020 | $14,298 | $14,298 | — |
2024 property taxes (current owner): $252/yr
Estimated taxes if purchased at asking price: ~$800/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. Estimate uses the median effective rate across 792 current Clay listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Zone AE — high-risk flood zone (Special Flood Hazard Area)
Lenders require flood insurance for financed purchases here.
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Outside all hurricane evacuation zones
This location is not in a designated storm-surge evacuation zone.
Roof: material not specified — year not disclosed (home built 1973)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,506 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeAs of July 2026, 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.
History
Price & status history
- Aug 2, 2026Price change$45,000−$20,000
- Sep 5, 2025Listed$65,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: MANUCY REALTY AND ASSOCIATES
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Your Local Realtor
Krista Fracke
Broker Associate
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