$589,000
$96K PRICE DROP

7929 NE 221st St Melrose, FL 32666

Estimated payment $3,645/month

Total Views 6,144
3 Beds
2 Baths
1,628 Sq Ft
$362 Price per Sq Ft

Highlights

  • 67 Feet of Lake Waterfront
  • Dock made with wood
  • No HOA
  • Beach Access
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

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!

Listing Agent

Lynn Hughes

RE/MAX PROFESSIONALS Brokerage Phone: 352-375-1002 License #3381191 Listed on: 07/03/2025

RE/MAX PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,226

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • 67 Feet of Lake Waterfront
  • Lake Front
  • Dirt Road
  • Northeast Facing Home
  • Additional Parcels

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,628 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Lake Views
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Access To Lake
  • Dock made with wood
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Chester Shell Elementary School
  • Hawthorne Middle/High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Santa Fe Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,226

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Fireplace: Yes
  • Living Area: 1628
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 2456
  • Lot Size Sq Ft: 13068
  • Directions to Property: From Gainesville Heading East to Lake Santa Fe, turn north (Left) on 221. Continue the home on right side of the road.
  • Status: Active
  • Street Direction: NE
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Gainesville
  • Escrow Postal Code: 32653
  • Escrow State: FL
  • Escrow Street Name: NW 43rd Street
  • Escrow Street Number: 5608
  • List Office Head Office Key Nume: 529793682
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 361.79
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 352-375-1002
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Parquet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 7929
  • Living Area Meters: 151.25
  • Room Count: 7

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Dirt
  • Water Access: Beach,Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 67
  • Water Frontage Feet Lake: 67

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Santa Fe Shores

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Chester Shell Elementary School-AL
  • High School: Hawthorne Middle/High School-AL
  • Middle Or Junior School: Hawthorne Middle/High School-AL

Lot Info

  • Zoning: A
  • Parcel Number: 18659-002-000
  • Additional Parcels Description: 18679-001-000
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1214

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5226.25
  • Tax Book Number: D-20
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,732 $250,833 $86,100 $164,733
2023 $4,732 $217,359 $86,100 $131,259
2022 $4,252 $203,531 $86,100 $117,431
2021 $3,859 $171,308 $86,100 $85,208
2020 $3,896 $172,798 $86,100 $86,698
2019 $3,780 $163,311 $86,100 $77,211
2018 $3,775 $166,000 $86,100 $79,900
2017 $3,908 $167,300 $86,100 $81,200
2016 $3,887 $161,900 $0 $0
2015 $4,217 $174,900 $0 $0
2014 $4,206 $174,800 $0 $0
2013 -- $176,100 $86,100 $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $589,000 -1.7% $362 / Sq Ft
07/24/2025 07/24/25 Price Changed $599,000 -12.6% $368 / Sq Ft
07/03/2025 07/03/25 For Sale $685,000 -- $421 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 --
Interfamily Deed Transfer -- Attorney
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,900 Credit Line Revolving
Open $365,000 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: GC532079

Stellar MLS

APN: 18659-002-000