$194,000
107 ELIAM Road, Melrose, FL 32666
Melrose Annexed Terr
- Price
- $194,000
- Beds / Baths
- 3 / 2
- Living area
- 1,216 sqft
- Year built
- 1979
- Type
- Residential
- Lot
- —
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Putnam
- Days on market
- 30
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 !!
What to check on this one
- Verify roof age and condition—1979 home likely needs inspection for insurance eligibility.
- Confirm flood zone designation with Putnam County—listing says unknown, check FEMA map.
- Get 4-point inspection quote (roof, HVAC, plumbing, electrical) for underwriting.
- Inspect plumbing type—1979 build may have cast-iron or polybutylene; confirm material.
- Verify septic system age, last pump-out, and well water test results if applicable.
- Check if AG zoning allows your intended use—confirm with Putnam County Planning.
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
Loan $155,200 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 FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Jul 31, 2026, 9:30 AM.
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