107 ELIAM ROAD, MELROSE, FL, 32666
Active107 days on marketListed Apr 9, 2026MLS #P4938387
About this home
107 ELIAM ROAD
Discover the perfect blend of investment potential and natural beauty at 107 Eliam Road. This 3 Bedroom 2 Bath Jim Walter built house sits on nearly an acre of private fenced land with no HOA restrictions. Home has recently had many upgrades to include new exterior paint as well as interior paint. The kitchen has upgraded wood cabinets, new sink, and fridge. The bathrooms have been upgraded along with all new wall outlet covers and light switches. Home has a large enclosed screened porch off the backdoor and a fully covered front deck with a outdoor wooden swing to relax for enjoying the peaceful surroundings. Enjoy total freedom with no annual association fees and no restrictive covenants, making it ideal for storing boats or RVs. The home is currently vacant and features central air, central heating, and durable vinyl flooring. Zoned as Agricultural (AG), the land provides more versatility than standard residential lots. The property is fully fenced with wire fencing, providing a secure space for pets or gardening. Situated conveniently between Gainesville and Palatka, providing easy access to city amenities while maintaining a rural lifestyle. The property is located in Downtown Historic Melrose, with lots of music restaurants , art walks, farmers markets and our new 270 acre Wild Flowers Music Park, as well as Santa Fe Lake, a 6000 acre fully recreational spring fed lake. Come see why this quaint town is so attractive !!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
912
Sqft
0.88 ac
Lot size
1990
Year built
One
Levels
$213
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.
$1,542 /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
$1,542/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.
$/sqft vs Melrose actives
$213 vs $255
Days on market
107 vs 57 typical
Where $213/sqft sits among the 44 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)
24 of 44
Melrose actives have cut their price
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 38% below the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 107 ELIAM ROAD
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$273,000
182 GROVE STREET · same community
3 bd · 2 ba · 1,081 sqft · $253/sqft · 91 DOM
Sold · Aug ’25$285,000
404 CENTRE STREET · same community
2 bd · 2 ba · 1,275 sqft · $224/sqft · 14 DOM
Sold · Feb ’26$149,900
556 COUNTY ROAD 219
2 bd · 2 ba · 924 sqft · $162/sqft · 1 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 107 ELIAM ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 107 ELIAM ROAD — 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
107 ELIAM ROAD FAQs
What would the monthly payment be for 107 ELIAM ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,542/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 107 ELIAM ROAD?+
The most recent tax bill on record (2025) was $1,847. 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 $194,000, this home is listed about 51% below the Melrose median of $397,000. The market section on this page shows how the area is trending.
Which schools are assigned to 107 ELIAM ROAD?+
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 FLORIDA HOMES REALTY & MORTGAGE · Carl Buz. MLS #P4938387.
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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