David Ramirez
$479,999$499,9993 bd2 ba1,727 sqft$278 /sqft$3,422 /mo all-in ↓

7517 NE 221ST STREET, MELROSE, FL, 32666

Active41 days on marketListed Jun 26, 2026MLS #GC541232

Reduced $20KSingle Family ResidenceN/A

About this home

7517 NE 221ST STREET

If you've been searching for a home where quality comes first, look no further. Built in 2021 with exceptional craftsmanship and attention to detail, this beautifully maintained 3-bedroom, 2-bath home sits on 2.35 peaceful acres with no HOA, offering the perfect balance of privacy, comfort, and modern convenience. From the moment you arrive, it's clear this home has been meticulously cared for. Inside, you'll find soaring ceilings, an open-concept layout, abundant natural light, and a thoughtfully designed split floor plan. The spacious kitchen flows seamlessly into the living and dining areas, creating an ideal space for everyday living and entertaining. Designed with long-term comfort in mind, the home is fully ADA accessible, featuring wide doorways, single-level living, and an accessible bathroom. One of the home's most practical features is the laundry room, conveniently accessible from both the primary suite and the main living area. Step onto the large screened porch and enjoy peaceful views of Big Lake Santa Fe, framed by magnificent live oak trees that create a tranquil setting where nature takes center stage. Beyond the home itself, the property offers exceptional versatility with an attached 2-car garage, a 2-car carport, and a separate 18' x 22' powered workshop/garage—perfect for projects, hobbies, additional vehicles, or lake toys. Built with durability and peace of mind in mind, this home also includes insulated garage walls, a whole-house generator connected to a buried 500-gallon propane tank, an active termite bond in place since construction, and countless thoughtful details that reflect the pride of ownership throughout. Whether you're enjoying coffee on the porch overlooking the lake, working on your next project in the workshop, or simply appreciating the quiet surroundings, this is the kind of home that's increasingly difficult to find—a home built with intention, maintained with care, and designed to be enjoyed for years to come. Quality never goes out of style. Come experience the difference for yourself. Dreaming of lakefront access? The charming waterfront cottage directly across the street is also available. Ask about discounted package pricing when purchasing both properties and enjoy the best of lake living. (GC541231)

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,727

Sqft

2.33 ac

Lot size

2

Garage

2021

Year built

One

Levels

$278

Per sqft

Trees/Woods view

Inside

FlooringCeramic Tile · Luxury Vinyl
AppliancesBuilt-In Oven · Dishwasher · Microwave · Range · Refrigerator
InteriorCeiling Fan(s) · Eating Space In Kitchen · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Split Bedroom
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionHardiPlank Type
FoundationSlab
ViewTrees/Woods
FacesWest
ExteriorFrench Doors · Lighting · Private Yard · Rain Gutters · Storage

Community & fees

Taxes (2025)$2,690/yr
PetsCats OK, Dogs OK

Utilities & systems

UtilitiesElectricity Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,422 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,826
FHA mortgage insurance (est.)$212
Property tax — 2025 actual bill$224
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $16,800Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $16,800
Interest rate6.00%
Loan term

Estimated payment

$3,422/mo

Principal & interest$2,826
FHA mortgage insurance (est.)$212
Property taxes (actual bill)$224
Est. insurance$160

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.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $480K
$414KedgeAI estimate $507,551 · range $432K$587K$610K

vs edgeAI estimate

−5.4%

$/sqft vs N/A

$278 vs $288

Days on market

41 vs 56 typical

Where $278/sqft sits among the 241 homes for sale in N/A

102
80 · this home
22
16
3
18
$135–269$269–403$403–537$537–671$671–805$805+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Melrose

Map of 7517 NE 221ST STREET

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

ElementaryMelrose Elementary School★★★★★
HighInterlachen Junior-Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Melrose market

Seller’s marketLeans buyer11.2 months of inventoryBuyer’s market

$333K$318K

Melrose median sold, yr/yr

91.6%

Sale-to-list ratio (12 mo)

107 of 241

N/A have cut their price

Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 45% above the MELROSE 32666 median. See the full Melrose market guide →

Paper trail

This home's history

CurrentPrice reduced to $479,999 $20K
Jun 26, 2026Listed at $499,999 · 41 days on market since
2021Built · N/A

Reality check

What actually sold near 7517 NE 221ST STREET

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

2103 NW 142ND AVENUESold · Dec ’25

$388,750

2103 NW 142ND AVENUE · same community

3 bd · 2 ba · 1,728 sqft · $225/sqft · 0 DOM

4230 NORTH ROADSold · Dec ’25

$299,255

4230 NORTH ROAD · same community

2 bd · 2 ba · 1,704 sqft · $176/sqft · 32 DOM

12112 CR 727Sold · Dec ’25

$375,000

12112 CR 727 · same community

3 bd · 2 ba · 1,800 sqft · $208/sqft · 8 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 7517 NE 221ST STREET — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 7517 NE 221ST STREET — before you fall in love.

See it in person

Schedule a tour

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Straight answers

7517 NE 221ST STREET FAQs

What would the monthly payment be for 7517 NE 221ST STREET?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,422/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 7517 NE 221ST STREET?+

The most recent tax bill on record (2025) was $2,690. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 7517 NE 221ST STREET?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Melrose?+

At $479,999, this home is listed about 14% above the Melrose median of $420,000. The market section on this page shows how the area is trending.

Which schools are assigned to 7517 NE 221ST 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

01Positioned at the premium end

$479,999 runs 45% above the MELROSE 32666 median.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03The price has already moved

Listed at $499,999, now $479,999 — a $20K cut. The full history is in the market section below.

Listing courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS · Lindsey Johnson. MLS #GC541232.

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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