Lot 1 SE 16th StreetMelrose, FL 32666Price: $49,900

  • Price: $49,900
  • Est. Mortgage of $/month
  • 49 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $49,900List Price
Build your dream home on this approximately 0.23-acre buildable corner lot with canal frontage leading to Lake Santa Fe, already equipped with a power pole and meter, with soil testing completed-no mounded septic system required and only approximately 8 inches of fill needed. Lot 1 also includes an existing (older) septic system and an old well, with the drop pipe still in place (pump has been stripped). Setbacks allow 25 feet from the canal, 15 feet from the road, and a 5-foot variance on the sides, offering flexibility for your build. Located on a quiet dirt road, this property provides access to Lake Santa Fe, a 5,850-acre spring-fed lake known as one of the most stable in Florida, ideal for fishing, boating, wakeboarding, and kayaking. While the canal water level is currently low due to seasonal conditions, it typically provides direct access to one of North Central Florida's premier recreational lakes. This listing is for Lot 1, with contiguous Lot 2 (also approximately 0.23 acres) available separately or together for a combined total of approximately 0.46 acres. Zoned for residential homes only, with possible owner financing available at 20%+ down; survey on file and available upon request.

Property Details of Lot 1 SE 16th Street

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Trey Fields,III of CENTURY 21 LAKESIDE REALTY (352-475-1269)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 12:17 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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