4901 NE 240th TerraceMelrose, FL 32666Sale Price: $119,600

  • Sale Price: $119,600
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Federal 30-year interest rate: 6.36% last updated on May 14, 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.
  • $119,600Sale Price
  • 1Bedrooms
  • 1Full Bath
  • 872Square Feet

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Rare opportunity to have a turn key home with 2 acres with a currently working farm. This land has been colorfully transformed and is already producing healthy soil and rows of vegetable, herbs, fruit ect, property has a fully enclosed privacy fence and completely irrigated. The 1/1 home has been completely remodeled, floors, kitchen, 2 mini split a/c heating units, walk in custom built cooler, etc. This is a exciting opportunity to buy a working farm that could generate extra money and be self sustaining. The location is just minutes from Historic Melrose Florida. Melrose is surrounded by lakes and you are just blocks from access to 6000 acre Lake Sante Fe. Melrose life is quaint, charming, very desirable one light town which has plenty of restaurants, shopping, live bands. art centers 2 parks with playgrounds and an old timey bait / gas station where people meet and get to know there neighbors. Home is centrally located between Gainesville and palatka and a short commute to Ocala. Come be a part of our Historic town and it's laid back lifestyle.

Property Details of 4901 NE 240th Terrace

Property Details

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Mortgage Calculator


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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 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 of CENTURY 21 LAKESIDE REALTY

Listing Sold by CENTURY 21 LAKESIDE REALTY

 "Based on information submitted to Northeast Florida Association of REALTORS as of May 20, 2026 8:46 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. 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."

 
 

 

 

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