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5930 ISLAND Road, Melrose, FL, 32666

2beds
2baths
1,388sqft
$399,000
$287price/sqft
$3,028/moest. monthly cost
$121,120/yrincome needed

About This Home

Located in historic Melrose, this 2-bedroom, 2-bath waterfront home offers a prime setting on a canal with direct access to Lake Santa Fe. Inside, the living area is bright and open, with vaulted ceilings and a stone-accented fireplace. The spacious kitchen features updated appliances and granite countertops, with plenty of cabinet space. Enjoy water views from the Florida room, which is perfect for relaxing. From here, step directly out onto the back deck. Take full advantage of waterfront living with your own private dock and covered boat slip, making it effortless to get out on the water whenever you like. A detached garage adds both flexibility and functionality to the property, offering ample space for parking, storage, or even a workshop. Directly across the road, a walking trail leads straight to Santa Fe Lake Park, adding to the home's unbeatable location. Enjoy peace of mind with major updates already completed, including a newer roof, HVAC system, windows, gutters, and floori ng. Whether you are looking for a full-time residence or a weekend escape, this location truly sets this property apart.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

1/10
3/10

Construction

Condition

  • Year built: 1994

Materials

  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Cooktop,Electric Oven,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Pantry,Primary Bathroom - Shower No Tub,Walk-In Closet(s)
  • Flooring: Vinyl
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,388 sqft

Property

Details

  • Parcel number: 18772012000

Features

  • Stories: 1
  • Patio & porch: Deck,Front Porch,Side Porch
  • Exterior features: Boat Slip,Dock,Fire Pit
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal Front

Lot

  • Features: Dead End Street

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Hurricane
Tornado
Wildfire

FEMA Declared Disasters in Alachua County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$233$2,796
Property Taxes $581$6,972
Electricity $197$2,366
Total$3,028$36,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,817/yr
40% on housing$90,840/yr
45% on housing$80,746/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 32666$181
Alachua County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 32666$212
Alachua County$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Listed for sale$419,000
2025-06-18Sold$400,000
2025-06-14Pending sale$425,000
2025-04-14Listed for sale$425,000
2016-03-21Sold$160,000
2016-02-10Pending sale$179,900
2016-01-11Listed for sale$179,900
2015-01-30Listing removed$189,900
2014-07-31Listed for sale$189,900

For Sale by Agent

AgentMATTHEW MERRITT
BrokerageHATCH REALTY SERVICES

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