404 GROVE STREET, MELROSE, FL, 32666
Active39 days on marketListed Sep 3, 2026MLS #P4939513
About this home
404 GROVE STREET
Rare Vacant Lot in the heart of Charming Historic Downtown Melrose Florida. With its cozy Small Town personality Melrose is peacefully inviting and a melting pot for all. Come and experience This lot is one of the last chances to own a piece of paradise. The lot is mostly cleared and has a updated SURVEY already done. All .44 acres are Hi & Dry, partially fenced and is adorned, Live Oaks, Bahia Brass and Florida Palm Trees. Positioned right in the Heart of Downtown Square your just blocks away from Nightly Live Music, Fresh Food Markets, Multiple Art Galleries, family friendly parks, World Class Restaurants and walking distance to OUR NEW 240 ACRE WILDFLOWERS MUSIC PARK!! The all Stunning Melrose Bay with public parks. The Bay is attached to Majestic Lake Sante Fe! 6,000 acres where you can enjoy Sunsets, Kayaking, fishing, wake surfing, tubing, skiing, and even Sailing. Melrose is only 20 minutes to Gainesville, 25 minutes to Palatka and 30 minutes to Ocala. Drive-''Buys''are welcome
Facts & features
The home at a glance
0.44 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$705 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$705/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Melrose
Get to know Melrose. See the full Melrose guide →
MELROSE 32666 — neighborhood snapshot
Population
5,542
Median age
62.1
Median income
$66,540
Median home value
$206,000
Avg household
2.17
Households w/ children
268
For the school run
Clay County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melrose market
$333K → $290K
Melrose median sold, yr/yr
91.6%
Sale-to-list ratio (12 mo)
Median sold price, Melrose, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 73% below the MELROSE 32666 median. See the full Melrose market guide →
Paper trail
This home's history
Reality check
What actually sold near 404 GROVE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$194,000
107 ELIAM ROAD · same community
3 bd · 2 ba · 912 sqft · $213/sqft · 111 DOM
Sold · Oct ’25$273,000
182 GROVE STREET · same community
3 bd · 2 ba · 1,081 sqft · $253/sqft · 91 DOM
Sold · Feb ’26$149,900
556 COUNTY ROAD 219
2 bd · 2 ba · 924 sqft · $162/sqft · 1 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, negotiation, and every question about 404 GROVE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 404 GROVE STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
404 GROVE STREET FAQs
What would the monthly payment be for 404 GROVE STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $705/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 404 GROVE STREET?+
The most recent tax bill on record (2025) was $467. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Melrose?+
At $79,900, this home is listed about 80% below the Melrose median of $396,500. The market section on this page shows how the area is trending.
Which schools are assigned to 404 GROVE STREET?+
McRae Elementary School (elementary), Keystone Heights Junior/Senior High (high) — Clay County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE · Carl Buz. MLS #P4939513.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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