111 2ND STREET
Melrose, FL, 32666 $ 249,800
Bedrooms2 Baths2.0 Sq 1,020 Monthly Estimate*
$ 1,577
for $249,800 with 2 bedrooms and 2 full baths. This 1,020 square foot home was built in 1964 on a lot size of 1.5.
Fully renovated and fully furnished 2 bedroom, 2 bathroom waterfront lake home situated on a rare 1.5-acre oversized lot, offering the perfect combination of privacy, space, and modern upgrades. One of the property's standout features is the screened-in inground swimming pool—a premium amenity that would cost tens of thousands of dollars to build today—providing year-round enjoyment and exceptional value. This move-in ready home has been professionally renovated by Iron House Florida, LLC, a local Central Florida investor, with virtually every major system already replaced for long-term peace of mind. Improvements include a brand-new plumbing system, new HVAC system, new hot water heater, new well pump, new pressure tank, new pool pump, and a new roof to be installed prior to closing. The beautifully updated interior features a remodeled kitchen with quartz countertops, stainless steel appliances, modern finishes, spa-inspired bathrooms, fresh interior and exterior paint, abundant natural light, and a spacious indoor laundry room. Outside, the expansive 1.5-acre property offers endless possibilities with room for an RV, boat, work vehicles, a future workshop, gardens, or additional outdoor living space. Three storage sheds provide excellent flexibility for hobbies or equipment. Located on a quiet street with no HOA and an easy commute to Gainesville, Orange Park, and Palatka, this is a rare opportunity to own a fully upgraded, furnished lakefront home with acreage, an exceptional pool, and all of the expensive improvements already completed.
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Appliances Dishwasher Microwave Range Refrigerator
Zoning R-1
Pool Features Screen Enclosure
Construction Materials Block
Year Built 1964
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Lake Front
County Putnam
New Construction false
Property Type Residential
Subdivision Name ATLANTIC SHORES
Facing Direction North
Garage Y/N false
Total Rooms 4
Full Baths 2
Status Active
Directions From the light in Melrose head East on SR 26 to left on Lake Serena Dr to left on 2nd street to home on left.
City MELROSE
Senior Community Y/N false
MLS Area 32666 - Melrose
Lot Size Units Acres
Lot Size Square Feet 65340
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 1836.8
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC537178
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 17
Legal Description PT OF NW1/4 OF NW1/4 OR182 PP34 & 35 (LOT 17 ATLANTIC SHORES UNRECORDED)
Water View Lake
Water Access Type Lake
Minimum Lease No Minimum
Water Access Y/N true
Water View Y/N true
Flood Zone Code X
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Tile
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 2
Total Baths 2
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ExteriorExterior Amenities Other Storage
Water Source Well
Lot Size Area 1.5
Foundation Details Slab
Building Area Total 1020
Lot Dimensions 67.5 x 540
Lot Size Acres 1.5
Road Surface Type Dirt
Private Pool true
Waterfront Y/N true
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* Excluded FeaturesList Bygator14fdf@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,577
- Monthly Property Taxes
- $153
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Melrose, FL
Average List Price $541,358
Percent of Sale Price 117%
About Melrose, FL 5,986 Population
9% Since 2002
$ 44,256 Median Income
50.15 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/2/2026 | $249,800 | -0.04% | Price Down |
| 4/20/2026 | $249,900 | -1.96% | Price Down |
| 3/26/2026 | $254,900 | -1.92% | Price Down |
| 3/11/2026 | $259,900 | -1.70% | Price Down |
| 3/9/2026 | $264,400 | -0.19% | Price Down |
| 2/28/2026 | $264,900 | -1.85% | Price Down |
| 2/24/2026 | $269,900 | -1.82% | Price Down |
| 2/16/2026 | $274,900 | -1.79% | Price Down |
| 2/3/2026 | $279,900 | | Listed Price |