135 ASHLEY LAKE Drive Melrose, FL $ 400,000
135 ASHLEY LAKE Drive
$ 400,000
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135 ASHLEY LAKE Drive

Melrose, FL, 32666
$ 400,000
Bedrooms3 Baths2.0 Sq 2,220

Monthly Estimate*

$ 2,463

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Multi-Family Home for sale in Melrose, FL

for $400,000 with 3 bedrooms and 2 full baths. This 2,220 square foot home was built in 1990 on a lot size of 1.19.

Lakefront living with built-in income potential! This well-maintained home sits on a landscaped 1.19-acre high and dry lot in a quiet neighborhood just minutes from downtown historic Melrose. 3 bedrooms, 3 full bathrooms, an open flow, tons of storage, and a fully screened patio w/ hot tub. Additionally, there is a 900-sqft semi-finished basement with drywall, electrical, and plumbing. Use it for massive storage, finish into a private office space, etc. Separate storage area for lawn mowers and yard tools plus a 1-car garage and ample additional driveway parking. A full efficiency apartment with kitchen and full bathroom is currently rented for almost $1,000/MO on a short-term lease. Perfect for passive income, the perfect in-law suite, or a guesthouse. All of this in a prime location less than 30 minutes to Gainesville and just 5 minutes up the road to the almost 6,000-acre Lake Sante Fe public boat launch! Seller financing possible. Welcome Home!

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Multi-Family Active

Price

$ 400,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,555

Style

Duplex

Lot Size

1.19

Year Built

1990

Town/City

Melrose

County/Region

Putnam

MLS | Web ID

2125184

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Disposal Electric Range Microwave Refrigerator
HOA Fee 100.0
Garage Spaces 1.0
Year Built 1990
Tenant Pays None
View Lake Water
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Single Family
Parcel Number 170923010000100180
Gross Income 11760.0
Waterfront Features Lake Front
Assoc Fee Paid Per Annually
County Putnam
New Construction 0
Property Type Residential Income
Association Amenities Park Playground
HOA Y
Attached Garage N
Subdivision Name Ashley Lake Plantata
Garage Y/N Y
Other Structures Gazebo
Full Baths 2
Status Active
Directions From FL-26 turn onto Ashley Lake Dr. In 0.2 of a mile keep left to continue on Ashley Lake Dr. In 0.4 of a mile home will be on the right.
City Melrose
Association Name Ashley Lake Plantation
Senior Community Y/N N
Number Of Units Total 2
MLS Area 574-Interlachen-NW
Lot Size Units Acres
Lot Size Square Feet 51836.4
Carport Y/N N
Listing Terms Cash Conventional FHA Owner May Carry VA Loan
Property Attached Y/N N
Tax Annual Amount 2555.91
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 574-Interlachen-NW
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Cash True
Conventional True
Water Body Access Y/N None
CDD N
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Exterior
Parking Features Additional Parking Garage Off Street
Lot Features Cleared
Water Source Well
Lot Size Area 1.19
Number of Buildings 1
Spa N
Lot Size Acres 1.19
Road Surface Type Asphalt
Waterfront Y/N Y
Road Frontage Type County Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Entry Level 1
Total Baths 2
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Internal Only
Street Number 1 135
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* Excluded Features
List By
Epique Realty, Inc

Broker

walter.key@gmail.com

Email

Affordability Calculator

$2,676
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$400,000 Listed Price

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135 ASHLEY LAKE Drive, Melrose, FL, 32666 is a Multi-Family Home for sale at $400,000 with 2,220 sqft and a lot size of 1.19. 135 ASHLEY LAKE Drive has 3 bedrooms, 2.0 baths, and was built in 1990. The property's zip code is 32666 which is in Melrose, FL