381 Southeast 5th Avenue

Off Market

381 Southeast 5th Avenue

Melrose FL 32666

2783 sq. ft.

28400 sq. ft.

Single-Family

Last sold for $530,000

Julia Ariet, last sold this property on 29 April 2026 after 75 days on market.

Overview

Offering over 2,000 square feet of living space, this 4-bedroom, 2-bath home is perfectly positioned on a nearly 2/3-acre lot on the canal giving direct access to Lake Santa Fe in Melrose, Florida and if that isn't exciting enough.. it's being offered below the appraised value! That's right, instant equity while you enjoy a lake lifestyle with beautiful water views on three sides of the property, mature palm trees, and direct access to peaceful canal scenery. A large screened-in back patio and expansive deck create ideal spaces for relaxing, entertaining, or enjoying Florida’s year-round outdoor living. Recent updates include flooring, bathrooms, windows, and kitchen appliances. Additional highlights include a covered carport with extra storage, a rebuilt bulkhead (2015), and a newer HVAC system (2023). Conveniently located just over 3 miles to grocery shopping and approximately 2 miles from Melrose Elementary and the historic district of Melrose. Fourth 'bedroom' was used as a guest room. It does not have a closet, but has handy closet storage available in the laundry room adjacent to it. Only 25 minutes to UF.

Features

4 bedrooms

2 bathrooms

3 carspaces

2 carport spaces

1 garage space

2783 sq. ft. floor area

28400 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Melrose over the last 12 months, the estimated median property value of 381 Southeast 5th Avenue is $500k.

Median value

$500k

Estimated value range

$389k - $980k

Median days on market

113

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Melrose. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 381 Southeast 5th Avenue

2026

Sold

$530,000

29 Apr 2026 by Julia Ariet, of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Happy sellers in Melrose

87%

87% of sellers in Melrose reported that their sale price either exceeded or met their price expectations.

Melrose stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Melrose over the last 12 months.

Local market activity for 4 bedroom single-family properties in Melrose

In the last 12 months, 8 four-bedroom single-family properties similar to 381 Southeast 5th Avenue, have been sold.

This represents a 50% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Melrose for a market analysis.

DEANNA FOERMAN

at Coldwell Banker Vanguard Realty

(271 reviews)

Get a market analysis

David Pais

at PAIS REALTY

(21 reviews)

Get a market analysis

Barbara Niles

at CHAMPION REALTY OF FLORIDA LLC

(15 reviews)

Get a market analysis

MELISSA PELLERITO

at FLORIDA HOMES REALTY & MORTGAGE

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melrose

DEANNA FOERMAN

Sellers who recommend DEANNA FOERMAN have praised them for being local expert, responsive, clear communication, supportive, dedicated, friendly, and patient