561 SE 28TH STREET, MELROSE, FL, 32666
Active10 days on marketListed Jul 23, 2026MLS #GC542185
About this home
561 SE 28TH STREET
Welcome to a beautiful waterfront retreat in the heart of Lake Geneva Estates in Melrose, Florida—where everyday living feels like a private getaway. This exceptional 3-bedroom, 2-bath canal-front home offers the perfect rural living: sweeping water views underneath the most beautiful oak trees. From the moment you arrive, the paved driveway leads you to an inviting entrance that sets the tone for what’s inside. Step through the door into a spacious open-concept living area where high ceilings and a panoramic layout seamlessly connect the living room, kitchen, and dining space. The kitchen is designed for both function and gathering, featuring abundant counter space and sleek stainless steel appliances. Anchoring the living room is a warm brick wood-burning fireplace, creating a cozy focal point that flows naturally into the Florida room—where walls of windows showcase stunning canal and island views. The primary suite is a peaceful retreat with a generous walk-in closet and a private en-suite bath. An interior utility room adds everyday convenience and functionality. Outdoor living is where this property truly shines. An oversized garage provides ample storage, while the screened lanai invites you to relax and take in serene views of the canal just beyond your backyard. A patio overlooks lush green grass that invites all the wildlife to entertain you—your own natural sanctuary waiting to be explored. Nature surrounds you here, with frequent sightings of whistling wood ducks, sandhill cranes, deer, and more, creating a peaceful and vibrant wildlife backdrop. Tucked away in a quiet, desirable neighborhood, this property offers the rare combination of privacy, waterfront living, and convenience—just minutes from local restaurants, shopping, and everyday essentials. And best of all—NO HOA. Offered at $397,500, this is more than a home—it’s a lifestyle, a retreat, and an extraordinary opportunity to own a slice of Florida paradise. *Additional 8.2 acre island lot available at $97,000
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,594
Sqft
0.51 ac
Lot size
2
Garage
1992
Year built
One
Levels
$249
Per sqft
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.
$2,815 /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
$2,815/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.
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.
vs edgeAI estimate
+27.2%
$/sqft vs Melrose actives
$249 vs $259
Days on market
10 vs 57 typical
Where $249/sqft sits among the 43 Melrose actives
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
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)
22 of 43
Melrose actives have cut their price
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 20% above the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 561 SE 28TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$320,000
4141 SE 8TH AVENUE
3 bd · 2 ba · 1,500 sqft · $213/sqft · 131 DOM
Sold · Sep ’25$190,000
395 SW GROVE STREET
3 bd · 2 ba · 1,728 sqft · $110/sqft · 82 DOM
Sold · Jun ’26$257,000
8160 ALDERMAN ROAD
2 bd · 2 ba · 1,416 sqft · $181/sqft · 305 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 561 SE 28TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 561 SE 28TH 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
561 SE 28TH STREET FAQs
What would the monthly payment be for 561 SE 28TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,815/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 561 SE 28TH STREET?+
The most recent tax bill on record (2025) was $1,668. 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 $397,500, this home is priced right at the Melrose median.
Which schools are assigned to 561 SE 28TH 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.
Keep looking
Similar homes nearby
Listing courtesy of WATSON REALTY CORP · Heather Surrency-Bristow. MLS #GC542185.
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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