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Sold

Sold·Closed Sep 8, 2026·275 days on market

404 Grove Street

Melrose, FL 32666

$194,000sold priceListed at $79,900 · 242.8% of askingMLS# 2158521
0.67
Acres
29,185
Lot Sq Ft
—
Dimensions
No
Waterfront
—
Zoning
—
Sewer
FEMA Zone XNo HOA0.67 acresUnimproved Land

About this lot

Melrose

Rare Vacant Lot in the heart of Charming Historic Downtown Melrose Florida. With its cozy Small Town personality Melrose is peacefully inviting and a melting pot for all. Come and experience This lot is one of the last chances to own a piece of paradise. The lot is mostly cleared and has a updated SURVEY already done. All .44 acres are Hi & Dry, partially fenced and is adorned, Live Oaks, Bahia Brass and Florida Palm Trees. Positioned right in the Heart of Downtown Square your just blocks away from Nightly Live Music, Fresh Food Markets, Multiple Art Galleries, family friendly parks, World Class Restaurants and walking distance to OUR NEW 240 ACRE WILDFLOWERS MUSIC PARK!! The all Stunning Melrose Bay with public parks. The Bay is attached to Majestic Lake Sante Fe! 6,000 acres where you can enjoy Sunsets, Kayaking, fishing, wake surfing, tubing, skiing, and even Sailing. Melrose is only 20 minutes to Gainesville, 25 minutes to Palatka and 30 minutes to Ocala. Drive-''Buys''are welcome

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.

Estimated total, taxes and HOA$0/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.

Storms & insurance

Florida Reality Check

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

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

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.

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

Ask about this home

As of August 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.

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

2025 property taxes (current owner): $467/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

  • Oct 5, 2026Closed$79,900
  • Aug 4, 2026Listed$79,900

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 $66,571 an acre; this lot is listed at $119,254 an acre.

AddressClosedPrice$/acreAcresDOMMiles
101 Ashley Lake Drive, Melrose, FL 32666Listed by CB ISAAC REALTYDec 2025$60,000$57,6921.041051.3
151 Ashley Lake Drive, Melrose, FL 32666Listed by FLORIDA HOMES REALTY & MTG LLCSep 2025$69,900$66,5711.051761.7

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$79,900
Acres0.67 acres
TypeLand
Sub-TypeUnimproved Land
StatusClosed
Is WaterfrontNo

Community Information

Address404 Grove Street, Melrose, FL 32666
Area575-West Of SR-21
SubdivisionMelrose
CityMelrose
CountyPutnam
StateFL
Zip Code32666
Lot Size29,185.2 sq ft
Parcel Number180923570000000981

Amenities

UtilitiesElectricity Available, Water Available

Exterior

Lot DescriptionHistoric Area

Additional Information

Date ListedAugust 4, 2026
Days on Market275
Tax Amount$466.5
Tax Year2025
Listing TermsCash, Owner May Carry
55+ CommunityNo

Listing Courtesy of: FLORIDA HOMES REALTY & MTG LLC

Sold by: HERRON REAL ESTATE 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.

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Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on Sep 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.

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20+ years · 500+ closings · NE Florida

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