1348 MELROSE STREET, LAKE ALFRED, FL, 33850
Active266 days on marketListed Nov 21, 2025MLS #S5138001
About this home
1348 MELROSE STREET
Short Sale. Built in 2023, this "Shelby" floor plan offers 2,056 sq. ft. of pristine, modern living with the peace of mind only a nearly-new home provides. Featuring 4 spacious bedrooms and 2.5 baths, the heart of this home is a chef-inspired kitchen with stone-gray shaker cabinets, quartz countertops, and a massive social island perfect for hosting. The primary suite is a true retreat, boasting tray ceilings and a spa-like en-suite. Enjoy sunset views from your screened-in lanai and enjoy your newly vinyl-fenced backyard. With NO CDD fees and an ultra-low HOA, this is the most affordable way to live the "Chain of Lakes" lifestyle.
Facts & features
The home at a glance
4
Bedrooms
2.5
Bathrooms
2,056
Sqft
0.21 ac
Lot size
2
Garage
2023
Year built
One
Levels
$170
Per sqft
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 and the real association fee — not generic estimates.
$2,858 /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
$2,858/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−3.6%
$/sqft vs Lake Alfred actives
$170 vs $187
Days on market
266 vs 58 typical
Where $170/sqft sits among the 107 Lake Alfred actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Alfred
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Alfred. See the full Lake Alfred guide →
LAKE ALFRED 33850 — neighborhood snapshot
Population
9,825
Median age
43.5
Median income
$53,877
Median home value
$215,700
Avg household
2.49
Households w/ children
1,055
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Alfred market
$311K → $321K
Lake Alfred median sold, yr/yr
98.4%
Sale-to-list ratio (12 mo)
45 of 107
Lake Alfred actives have cut their price
Median sold price, Lake Alfred, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 8% above the LAKE ALFRED 33850 median. See the full Lake Alfred market guide →
Paper trail
This home's history
Reality check
What actually sold near 1348 MELROSE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$370,000
1320 MELROSE STREET · same community
4 bd · 2.5 ba · 2,056 sqft · $180/sqft · 99 DOM
Sold · Jun ’26$440,000
1508 MELROSE STREET · same community
4 bd · 3 ba · 2,109 sqft · $209/sqft · 188 DOM
Sold · Jun ’26$415,000
1464 MELROSE ST · same community
3 bd · 2.5 ba · 1,938 sqft · $214/sqft · 151 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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 1348 MELROSE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1348 MELROSE STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1348 MELROSE STREET FAQs
What would the monthly payment be for 1348 MELROSE STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,858/mo — principal and interest, the actual property-tax bill, the $43/mo association fee 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.
How much are the HOA fees at 1348 MELROSE STREET?+
The association fee works out to $43 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1348 MELROSE STREET?+
The most recent tax bill on record (2024) was $5,282. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1348 MELROSE STREET?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Alfred?+
At $350,000, this home is listed about 1% below the Lake Alfred median of $354,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1348 MELROSE STREET?+
Walter Caldwell Elementary School (elementary), Auburndale Senior High School (high), Lake Alfred Polytech Academy (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of THE PROPERTY PROS REAL ESTATE, INC · April Richey, LLC. MLS #S5138001.
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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