TROUT STREET, MELROSE, FL, 32666
Active263 days on marketListed Oct 31, 2025MLS #GC534776
About this home
TROUT STREET
RIGHT IN THE HEART OF HISTORIC MELROSE FLORIDA WE HAVE A VERY RARE TO FIND VACANT OVERSIZED BUILDABLE LOT. THE PROPERTY IS ONLY 1 BLOCK FROM THE PRISTINE 6,000 ACRE SANTA FE LAKE THAT I CALL " THE GREAT LAKE OF NORTH CENTRAL FLORIDA ". HISTORIC MELROSE WAS ESTABLISHED 1877. OLD HISTORIC HOMES ALL NEAR THIS BEAUTIFUL WOODED LOT. WHEN YOU ARRIVE HERE - YOU'LL WANT JUST PARK AND TAKE A WALK AROUND THIS AMAZING LITTE ONE LIGHT TOWN. VISIT MELROSE BAY PARK JUST AROUND THE CORNER FOR SOME SWIMMING OR LAUNCH YOUR KAYAK JUST ONE BLOCK AWAY IN THE NO WAKE ZONE AREA OF MELROSE BAY. IN BIG SANTA FE YOU CAN ALSO ENJOY WAKE BOARDING, FISHING, PADDLE BOARDING, SKIING, SAILING AND MORE. MELROSE IS KNOWN FOR IT'S RICH CULTURAL COMMUNITY - ART IN MANY MEDIUMS, MUSIC, CRAFTS, LOCAL PRODUCE, SENIOR CENTER SERVING FOOD, SHOPPING, DOCTORS, DENTIST, ART GALLERIES, MUSIC EVENTS AND MORE. MELROSE IS AN EASY COMMUTE TO GAINESVILLE, PALATKA, THE BEACHES, OCALA, STARKE, KEYSTONE, AND MIDDLEBURG. IF YOUR WANTING A DIFFERANT WAY OF LIFE OUT HERE IN RURAL AMERICA, THEN DRIVE OVER , LOOK AROUND, CHAT WITH A FEW FOLKS AND SEE THIS AMAZING HISTORIC TOWN THAT JUST SEEMS TO HAVE IT ALL. YOU'LL BE WELCOMED. PS: THE SECOND TIME YOU COME BACK TO MELROSE YOU'LL WANT TO BRING YOUR CONTRACTOR. NOTE: POSSIBLE OWNER FINANCING MAY BE AVAILABLE ?
Facts & features
The home at a glance
0.63 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.
$979 /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
$979/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 60% below the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near TROUT STREET
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 · May ’26$105,000
128 ELIAM ROAD
2 bd · 1 ba · 984 sqft · $107/sqft · 38 DOM
Sold · Aug ’25$285,000
404 CENTRE STREET
2 bd · 2 ba · 1,275 sqft · $224/sqft · 14 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 TROUT STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for TROUT STREET — 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
TROUT STREET FAQs
What would the monthly payment be for TROUT STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $979/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 TROUT STREET?+
The most recent tax bill on record (2024) was $717. 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 $119,900, this home is listed about 70% below the Melrose median of $397,000. The market section on this page shows how the area is trending.
Which schools are assigned to TROUT STREET?+
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
$119,900 is 60% below the MELROSE 32666 median of $299,000.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
263 days on market against a Melrose median of 57 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 LAKESIDE REALTY · Roger Buz. MLS #GC534776.
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.
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