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7929 Ne 221st Street, Melrose, FL 32666

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For Sale

$540,000

3 beds • 2 baths • 1,628 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $331.70
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

OPPORTUNITY ALERT: Lakefront Cottages on Beautiful Lake Santa Fe Melrose, FL: Two Cottages! Escape to your own private retreat on the serene shores of Lake Santa Fe. This rare offering includes TWO separate lakefront cottages Investors, Take Note! Primary Cottage features: 2 spacious bedrooms with generous storage closets, large bath, Open living area perfect for relaxing or entertaining, and screened porch stretching the length of the house overlooking the lake ideal for morning coffee, sunset views, or hosting guests! Guest Cottage / Studio Apartment: offers flexible space and a kitchenette for your guests to enjoy, pursuit of your hobbies, or serve as a home office. With views of the lake from its second-story screened porch, the studio is situated over two large storage bays for extra convenience and utility. This property is a perfect retreat from the bustle of every day Life! One of the best lakes in the state, Lake Santa Fe offers nearly 6,000 acres of adventure - fishing, boating, and enjoyment year round. It is approximately 1/2 hour to Gainesville, 45 minutes to Ocala, and just over an hour to Jacksonville! There is an adjacent, 2.23 acre parcel offers room for an additional home, outdoor recreation, or other future development. It features a 2 Bay Garage, In addition to the 2 storage bays on the primary property. This is an ideal setup for a friends and family compound on one of North Florida s most sought-after lakes. Whether you're looking for a weekend getaway, a full-time residence, or a rental/investment opportunity, this unique property offers endless potential. Investors and families alike will appreciate the flexibility of multiple dwellings, combined with direct lake access on the Beautiful Lake! Enjoy boating, fishing, kayaking, or simply soaking up the peaceful ambiance of lakefront living. Don t miss this rare opportunity to own a true slice of paradise on Lake Santa Fe. This home is 20 minutes from Gainesville, 7 minutes from Melrose, 50 minutes from Ocala!
MLS# GC532079

Courtesy Of RE/MAX Professionals

(352) 375-1002

Open Houses

September

13

Saturday

In Person

Saturday, September 13, 2025

1:00PM - 3:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan, Water Front
  • Appliances
    Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Parquet Wood, Vinyl
  • Lot Size
    0.3 Acres
  • Roof Type
    Metal
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 7929 Ne 221st Street, Melrose, FL 32666

Home seller CENTURY 21 Lakeside Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lakeside Realty

(352) 475-1121
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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