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Sold

Sold·Closed May 8, 2026·90 days on market

468 SE 18th Street

Melrose, FL 32666

$159,000sold priceListed at $160,000 · 99.4% of asking$138/sqftMLS# 2119389
2
Beds
2
Baths
1,156
Sq Ft
1958
Built
—
Garage
No
Pool
No HOASingle Family Residence1 story

About this home

Melrose

Welcome to this charming 2-bedroom, 2-bath home in the heart of Melrose. Built in 1958 with 1,156 sq ft of living space, this well-maintained property features classic terrazzo floors, an updated kitchen with stainless steel appliances, and a bright, open living area. The 1,830 sq ft total area provides extra room for relaxing or entertaining. Situated on a quiet street just minutes from downtown Melrose, local dining, grocery options, and the public boat ramp to 6,000-acre Lake Santa Fe. Enjoy small-town charm with convenient access to Gainesville, Palatka, and Keystone Heights. Move-in ready and perfectly located—experience why Melrose remains one of North Florida's most sought-after communities.

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$881
Estimated total, before insurance$881/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

$159,000
$31,800
Loan Term
Monthly Payment
$881
Principal & Interest: $881
Insurance (est.): $106
Estimated Total Monthly
$987
*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: Metal — year not disclosed (home built 1958)

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

Solar potential: ~1,319 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 $141/sq ft; this home is listed at $138/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
1506 SE 4th Avenue, Melrose, FL 32666Listed by FLORIDA HOMES REALTY & MTG LLCMay 2026$295,000$2533/21,168150.3
8160 Alderman Road, Melrose, FL 32666Listed by TREVOR WATERS REALTY, INC.Jun 2026$257,000$1812/21,4163051.5
6838 Big Sky Lane, Melrose, FL 32666Listed by CB ISAAC REALTYDec 2025$155,500$1353/21,1523581.6
8180 Melrose Road, Melrose, FL 32666Listed by CB ISAAC REALTYOct 2025$130,000$1413/2924171.6
6930 County Road 214, Melrose, FL 32666Listed by EPIQUE REALTY, INCJun 2026$180,000$1213/21,488561.7
7873 State Road 21, Keystone Heights, FL 32656Listed by EXIT INSPIRED REAL ESTATEMay 2026$115,000$1152/21,004602.2

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$160,000
Price / Sq Ft$138
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,156
Year Built1958
TypeResidential
Sub-TypeSingle Family Residence
StatusClosed
# of Carport Spaces1
Has PoolNo
Is WaterfrontNo

School Information

MiddleBradford
HighBradford

Community Information

Address468 SE 18th Street, Melrose, FL 32666
Area523-Bradford County-SE
SubdivisionMetes & Bounds
CityMelrose
CountyBradford
StateFL
Zip Code32666
Parcel Number06196000300

Amenities

UtilitiesCable Available, Electricity Connected
SewerSeptic Tank
Water SourceWell
ParkingCarport

Interior

AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
HeatingCentral, Heat Pump
CoolingCentral Air
FlooringTerrazzo
# of Stories1

Exterior

RoofMetal
ConstructionWood Siding
Road SurfaceDirt
Road FrontagePrivate Road

Additional Information

Date ListedNovember 25, 2025
Days on Market90
Listing TermsCash, Conventional, FHA
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: TREVOR WATERS REALTY, INC.

Sold by: CB ISAAC REALTY (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 8, 2026. 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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