$110,000
7526 NE 221ST Street, Melrose, FL 32666, Melrose, FL 32666
Lake Bonnet Woods
- Price
- $110,000
- Beds / Baths
- 3 / 2
- Living area
- 1,423 sqft
- Year built
- 1987
- Type
- Residential
- Lot
- —
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Alachua
- Days on market
- 32
*** REDUCED*****This 3-bedroom, 2-bathroom double-wide is a perfect handy-person / investors special. Home offers a spacious 1,423 square foot layout on a cleared 1.01-acre lot. Featuring high ceilings, vinyl flooring, large laundry room, eat in kitchen, bonus room for an office, double primary bedroom and a Florida room for extra living space so as the interior provides a comfortable and modern feel. Home has metal roof, well water and a large barn style shed that could be finished into a guest house, art studio, music room, etc. Property has citrus trees, mature grape vines, large live oaks for plenty of shade. Just minutes to 6000 acre Santa Fe with 4 public boat ramps and parks. Home is Located in Lake Bonnet Estates, you are in the heart of Florida's lake country, surrounded by numerous recreational lakes for boating, fishing, and outdoor enjoyment Enjoy over an acre of cleared, wire-fenced land with no HOA fees or restrictions. This property is perfectly situated in Melrose, offering a convenient commute between the city amenities of Gainesville and the historic charm of Palatka. Home is "AS IS" no repairs, no concessions, cash only.
What to check on this one
- Verify well water quality and septic system condition; request service history.
- Confirm metal roof age and current condition; get inspection report.
- Obtain flood zone designation and elevation certificate for the 1.01-acre lot.
- Request manufactured home title status and any lien or loan payoff amounts.
- Inspect structural integrity of 39-year-old double-wide; hire certified mobile home inspector.
- Verify shed and any outbuildings are legal; check county zoning for guest house conversion.
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 $88,000 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 FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Aug 29, 2026, 3:30 PM.
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