Offering over 2,000 square feet of living space, this 4-bedroom, 2-bath home is perfectly positioned on a nearly 2/3-acre lot on the canal giving direct access to Lake Santa Fe in Melrose, Florida and if that isn't exciting enough.. it's being offered below the appraised value! That's right, instant equity while you enjoy a lake lifestyle with beautiful water views on three sides of the property, mature palm trees, and direct access to peaceful canal scenery. A large screened-in back patio and expansive deck create ideal spaces for relaxing, entertaining, or enjoying Florida’s year-round outdoor living. Recent updates include flooring, bathrooms, windows, and kitchen appliances. Additional highlights include a covered carport with extra storage, a rebuilt bulkhead (2015), and a newer HVAC system (2023). Conveniently located just over 3 miles to grocery shopping and approximately 2 miles from Melrose Elementary and the historic district of Melrose. Fourth 'bedroom' was used as a guest room. It does not have a closet, but has handy closet storage available in the laundry room adjacent to it. Only 25 minutes to UF.
Sold for $530,000
$530,000
381 SE 5th Ave, Melrose, FL 32666
4beds
2,037sqft
Single Family Residence
Built in 1986
0.65 Acres Lot
$532,500 Zestimate®
$260/sqft
$1,992 Estimated rent
Home value
$532,500
Estimated sales range
Not available
$1,992/mo
Zestimate® history
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List your homeWhat's special
Mature palm treesExpansive deckLarge screened-in back patio
Zillow last checked:
Listing updated:
Listed by:
Julia Ariet 352-258-4077,
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS 352-240-0600,
Angela Rupp 352-240-0600,
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Bought with:
McCall Griggs, 3545734
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Source: Stellar MLS,MLS#: GC535446
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Primary Bedroom Main Floor, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
- Has fireplace: No
Interior area
- Total structure area: 2,783
- Total interior livable area: 2,037 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage Door Opener
- Attached garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Freshwater, Freshwater Canal Access, Seawall
- Body of water: LAKE SANTA FE
Lot
- Size: 0.65 Acres
- Dimensions: 142 x 200
- Features: Corner Lot
Details
- Parcel number: 06230D20100
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: SEMINOLE RIDGE #4
HOA
- Has HOA: No
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $215,247
- Annual tax amount: $2,417
- Date on market: 2/12/2026
- Cumulative days on market: 42 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $530,000-3.6%$260/sqft |
Source:  Stellar MLS #GC535446 Report a problem | ||
| 3/27/2026 | Pending sale | $549,900$270/sqft |
Source: Stellar MLS #GC535446 Report a problem | ||
| 3/12/2026 | Price change | $549,900-5%$270/sqft |
Source: Stellar MLS #GC535446 Report a problem | ||
| 2/12/2026 | Listed for sale | $579,000+86.8%$284/sqft |
Source: Stellar MLS #GC535446 Report a problem | ||
| 8/30/2005 | Sold | $310,000$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,417 +3.2% | $187,700 +3% |
| 2023 | $2,343 +5.2% | $182,233 +3% |
| 2022 | $2,226 +1% | $176,925 +3% |
| 2021 | $2,205 +6.3% | $171,772 +1.4% |
| 2020 | $2,074 | $169,400 +1.3% |
| 2019 | $2,074 -0.6% | $167,228 +0% |
| 2018 | $2,086 | $167,155 +1.9% |
| 2017 | $2,086 +0.7% | $164,099 +0.5% |
| 2016 | $2,070 -3.1% | $163,347 +0.7% |
| 2015 | $2,136 -4.5% | $162,212 -3.5% |
| 2014 | $2,237 | $168,053 -10.2% |
| 2013 | -- | $187,184 -7.1% |
| 2012 | -- | $201,390 -10.7% |
| 2011 | -- | $225,477 -11.4% |
| 2010 | -- | $254,535 +2.7% |
| 2009 | -- | $247,861 +0.1% |
| 2008 | -- | $247,613 +3% |
| 2007 | -- | $240,401 +74.3% |
| 2005 | -- | $137,955 +3% |
| 2004 | -- | $133,937 +1.9% |
| 2003 | -- | $131,440 +2.4% |
| 2002 | -- | $128,359 +1.6% |
| 2001 | -- | $126,338 +3% |
| 2000 | -- | $122,658 |
Find assessor info on the county website
Neighborhood: 32666
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Nearby schools
GreatSchools rating
- 7/10Southside Elementary SchoolGrades: PK-6Distance: 14.4 mi
- 3/10Bradford Middle SchoolGrades: 7-8Distance: 16.2 mi
- 4/10Bradford High SchoolGrades: 9-12Distance: 16 mi
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Estimated market value
$532,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$532,500
- Florida
- Bradford County
- Melrose
- 32666
- 381 SE 5th Ave
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