850 N STATE ROAD 21, MELROSE, FL, 32666
Active955 days on marketListed Dec 21, 2023MLS #GC518232
About this home
850 N STATE ROAD 21
Melrose commercial opportunity- Located one block from the junction of SR 21 & SR 26 in the heart of Melrose is the perfect site to start your new retail or service business. With 100 feet of SR 21 frontage, this 0.31 acre site offers great exposure with a traffic count of over 9,500 cares daily. Zoned C-2 commercial the site offers city water, and is flat and ready to build. The vibrant community is known for its many community events and art shows that can swell foot traffic dramatically on the weekends. So, if you have been dreaming of starting your own business don't let this unique opportunity pass you by!
Facts & features
The home at a glance
0.31 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,212 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,212/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Melrose
Get to know Melrose. See the full Melrose guide →
MELROSE 32666 — neighborhood snapshot
Population
5,542
Median age
62.1
Median income
$66,540
Median home value
$206,000
Avg household
2.17
Households w/ children
268
For the school run
Putnam County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melrose market
$333K → $180K
Melrose median sold, yr/yr
91.9%
Sale-to-list ratio (12 mo)
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 53% below the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 850 N STATE ROAD 21
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$135,000
121 PEARSALL CIRCLE
1 bd · 1 ba · 732 sqft · $184/sqft · 23 DOM
Sold · Feb ’26$149,900
556 COUNTY ROAD 219
2 bd · 2 ba · 924 sqft · $162/sqft · 1 DOM
Sold · May ’26$105,000
128 ELIAM ROAD
2 bd · 1 ba · 984 sqft · $107/sqft · 38 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 850 N STATE ROAD 21 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 850 N STATE ROAD 21 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
850 N STATE ROAD 21 FAQs
What would the monthly payment be for 850 N STATE ROAD 21?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,212/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 850 N STATE ROAD 21?+
The most recent tax bill on record (2022) was $852. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Melrose?+
At $155,000, this home is listed about 61% below the Melrose median of $397,000. The market section on this page shows how the area is trending.
Which schools are assigned to 850 N STATE ROAD 21?+
Melrose Elementary School (elementary), Interlachen Junior-Senior High School (high) — Putnam County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the MELROSE 32666 market on paper
$155,000 is 53% below the MELROSE 32666 median of $330,000.
02Time on market is leverage
955 days on market against a Melrose median of 57 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $175,000, now $155,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CB ISAAC REALTY · Ronald Blake. MLS #GC518232.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Melrose homes, in your inbox
Like 850 N STATE ROAD 21 but not quite? A daily digest of every new listing in Melrose — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →