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111 2ND Street, Melrose, FL, 32666

2beds
2baths
1,020sqft
$249,900
$245price/sqft
$1,745/moest. monthly cost
$69,800/yrincome needed

About This Home

Fully renovated 2 bedroom, 2 bathroom waterfront lake home on 1.5 acres, offered fully furnished. Professionally renovated by Iron House Florida, LLC, a local Central Florida investor.This rare Melrose lakefront property has been extensively remodeled, with all major and costly systems already replaced--making it truly move-in ready. Upgrades include a new plumbing system, new well pump, pressure tank, and new pool pump, with a new roof to be installed prior to closing. The interior has been thoughtfully updated and features a fully remodeled kitchen with quartz countertops, stainless steel appliances, and modern finishes throughout. Spa-style bathrooms, fresh interior and exterior paint, abundant natural light, and a large inside laundry room complete the polished living space. Outside, enjoy the screened inground pool and expansive lakeside lot with plenty of room for RV, boat, work vehicles, gardening, or a future workshop. Three storage sheds Quiet street. No HOA. Schedule today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Melrose Elementary SchoolGrades PK-63.3 mi
3/10
Interlachen High SchoolGrades 7-129.5 mi

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Shingle

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Microwave,Refrigerator

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,020 sqft

Property

Details

  • Parcel number: 100923000000530000
  • Zoning description: Residential

Features

  • Stories: 1
  • Pool features: In Ground,Screen Enclosure
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 1.50 Acres

Parking

  • Parking features: Off Street

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

  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Tornado
Heat Wave
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Putnam 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 $1,263$15,156
Home Insurance *$146$1,752
Property Taxes $139$1,668
Electricity $197$2,366
Total$1,745$20,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,828/yr
40% on housing$52,350/yr
45% on housing$46,533/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: 16.3%
16.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 32666$183
Putnam County$151

vs Homes Sold Last Month

Median $/sqft

ZIP 32666$212
Putnam County$177

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
2026-05-05Listed for sale$249,900
2026-04-25Pending sale$249,900
2026-04-20Price change$249,900
2026-03-26Price change$254,900
2026-03-11Price change$259,900
2026-03-09Price change$264,400
2026-02-28Price change$264,900
2026-02-24Price change$269,900
2026-02-16Price change$274,900
2026-02-03Listed for sale$279,900
2025-12-21Listing removed$279,900
2025-11-29Price change$279,900
2025-11-18Price change$284,900
2025-10-30Price change$287,900
2025-10-17Price change$289,900
2025-10-10Price change$295,900
2025-10-01Price change$296,900
2025-09-26Price change$299,900
2025-09-24Price change$300,900
2025-09-22Price change$301,900
2025-09-19Price change$302,900
2025-09-06Listed for sale$304,900
2024-08-20Sold$118,500
2003-11-17Sold$72,000
2000-08-25Sold$47,000

For Sale by Agent

AgentTREY FIELDS
BrokerageCENTURY 21 LAKESIDE REALTY

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