Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$375,000

200 PARK Street, Melrose, FL 32666, Melrose, FL 32666

Melrose

Price
$375,000
Beds / Baths
10 / 3
Living area
6,111 sqft
Year built
1879
Type
Residential
Lot
0.36 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Putnam
Days on market
74

$61/sqft asking, vs a $187/sqft median across 81 closed sales in 32666 over the last 12 months — 67% below the area's closed prices. Historic 1879 home with 27 rooms priced below area average; verify bedroom count and closet configurations, as listing notes some rooms lack standard bedroom features.

The historic Lee House at 200 Park Street in Melrose, was built in 1879 by William Lee as his personal residence. As his family grew he expanded the structure into a sprawling 27 room property. During the 1920 & 30's it operated as a prominent boarding house and remained in the Lee family for over 100 years. The room count in mls may be off because not all bedrooms have closets and there are some two room bedroom or double rooms.

What to check on this one

  • Verify roof age and condition; 1879 home likely needs inspection for insurance eligibility.
  • Obtain 4-point inspection and wind-mitigation report—required for most insurers on pre-1980 homes.
  • Confirm flood zone designation and request elevation certificate if in AE/VE zone.
  • Inspect plumbing materials; cast-iron or original pipes common in 1879 structures.
  • Get full structural and foundation assessment—147-year-old homes need detailed engineering review.
  • Verify actual bedroom count and closet compliance for appraisal and financing accuracy.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$1,946/mo
Property tax (1.1% eff., Putnam Co.)$344/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$2,582/mo

Loan $300,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of CB ISAAC REALTY. Data via realMLS (Northeast Florida MLS), updated Jun 26, 2026, 4:43 PM.

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. Information is deemed reliable but not guaranteed.