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  • Price increase: $49K (7/20)
    $1,349,000

    298 SE 5TH Avenue, Melrose, FL 32666

    3beds
    3,360sqft
    : 
    $8,788/mo
    Get pre-qualified
    Single Family Residence
    Built in 1988
    0.43 Acres Lot
    $1,313,100 Zestimate®
    $401/sqft
    $-- HOA

    What's special

    This exceptional lakefront retreat offers the perfect setting to create lasting memories on beautiful Lake Santa Fe-widely regarded as one of Florida's finest natural spring-fed lakes. The updated 3,360sf home combines spacious accommodations with thoughtfully designed amenities, making it ideal for both relaxing getaways and lively gatherings. Inside, you'll find 3 bedrooms and 3 baths along with a loft that sleeps four guests and a Murphy bed in the library, comfortably accommodating up to 12 guests in beds. A stunning open-concept living space that seamlessly blends the custom kitchen, dining, and living areas. This inviting space features expansive lake views, direct access to the upper deck, and a striking see-through fireplace that connects indoors with the outdoor living area. A versatile library/office overlooking the large backyard and Lake Santa Fe, complete with a cleverly concealed Murphy Bed tucked behind custom bookcases. An impressive entertainment room, ...more perfect for unwinding or hosting, featuring a large sectional sofa, pool table, custom fishing pole storage cabinet, wet bar, and a EuroCave wine cooler. Step outside and enjoy the property's generous 100 ft wide lakefront lot, complete with a private dock and boat lift for easy access to the water. Whether you're boating, fishing, or simply relaxing by the shore, the outdoor space offers endless opportunities for enjoyment. Wildlife is abundant, and breathtaking sunsets can be enjoyed year-round from your dock, creating a peaceful and picturesque backdrop to your stay. Whether you're gathering with family, hosting friends, or savoring the tranquility of lakefront living, this home provides an unforgettable setting on Lake Santa Fe.
    6 days
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    384
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    SUSAN SMITH 352-745-1307,

    CB ISAAC REALTY 352-475-2199

    Source: realMLS,MLS#: 2156281MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Zoned
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Wine Cooler
      • Laundry: Lower Level
      Features
      • Breakfast Bar, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Primary Bathroom -Tub with Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Wood
      • Number of fireplaces: 1
      • Fireplace features: Double Sided, Gas, Outside
      Interior area
      • Total structure area: 5,513
      • Total interior livable area: 3,360 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Carport, Covered, Shared Driveway
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Awning(s), Covered, Deck, Porch, Rear Porch, Screened
      • Exterior features: Boat Lift, Dock, Fire Pit
      • Spa features: Bath
      • Has view: Yes
      • View description: Lake, Trees/Woods
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 0.43 Acres
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional structures: Boat House, Shed(s)
      • Parcel number: 06230C00900
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Propane

      Community & HOA

      Community
      • Subdivision: Seminole Ridge 5
      HOA
      • Has HOA: No
      Location
      • Region: Melrose

      Financial & listing details

      • Price per square foot: $401/sqft
      • Tax assessed value: $696,151
      • Annual tax amount: $7,469
      • Date on market: 7/20/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $1,313,100

        $1.25M - $1.38M

        $2,442/mo

        Price history

        DateEventPrice
        7/20/2026Price change$1,349,000+3.8%$401/sqft
        Source: realMLS #2156281 Report a problem
        7/4/2026Listed for sale$1,300,000+87.1%$387/sqft
        Source: Owner Report a problem
        3/7/2006Sold$695,000$207/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,099 +2.7%$486,459 +3%
        2023$6,910 +3.2%$472,290 +3%
        2022$6,693 +0.6%$458,534 +3%
        2021$6,654 +6.5%$445,179 +1.4%
        2020$6,248 $439,033 +2.3%
        2019$6,248 +2.4%$429,162 +1.9%
        2018$6,103 $421,160 +2.1%
        2017$6,103 +0.7%$412,498 +2.1%
        2016$6,059 -1.3%$404,014 +0.7%
        2015$6,139 +0.7%$401,206 +0.8%
        2014$6,096 $398,022 +1.5%
        2013-- $392,140 -7.3%
        2012-- $422,901 -17.3%
        2011-- $511,434 -3.6%
        2010-- $530,552 -1.2%
        2009-- $537,106 +0.1%
        2008-- $536,569 +1.6%
        2007-- $528,208 +140.7%
        2005-- $219,411 +3%
        2004-- $213,020 +1.9%
        2003-- $209,048 +2.4%
        2002-- $204,148 +2.1%
        2001-- $199,951 +3%
        2000-- $194,127
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32666

        Getting around

        6 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bradford
        • Middle: Bradford
        • High: Bradford

        Source: realMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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