OLD BELLAMY TRAIL, Melrose, FL, 32666 | $395,000

42. 5-Acre Timber & Recreational Haven in Melrose, FL | Between Gainesville and St. Augustine
A Timeless Investment Truth: "Buy the land, they don't make it anymore. " Secure your legacy with this sprawling 42. 5-acre parcel in the heart of North Central Florida. Offering unmatched privacy, exceptional hunting opportunities, and substantial financial upside, this property is a truly unique asset. The property is densely covered with mature pine trees, representing a solid, appreciating timber investment. This asset offers immediate options for a managed harvest or long-term growth for generational wealth.
Recreational Paradise: With 42. 5 acres of undisturbed habitat, this is a prime recreational hunting property or a personal escape for hiking, ATVs, and camping. Land Use Potential: A blank slate ready for your vision—ideal for a private estate, a family compound, or a sustainable agricultural operation. Premier Location: Situated in the charming community of Melrose, FL, the property offers the perfect balance of rural tranquility and regional convenience: Central Corridor: Perfectly positioned roughly halfway between the culture and university amenities of Gainesville and the historic beaches of St. Augustine. Local Access: Minutes from the area's beautiful recreational lakes (Lake Santa Fe, Lake Geneva). Don't miss this rare opportunity to own a tangible, finite asset with both immediate utility and proven long-term value. Contact us today for details and to explore the possibilities of this exceptional Florida land investment.
Important Disclosures & Disclaimer: Acreage and Boundaries: The 42. 5-acre measurement is based on public records (Tax Parcel/Plat Map) and is considered approximate. Buyers are strongly encouraged to obtain a new survey to verify exact acreage and boundary lines prior to closing. Timber Valuation: Any statements regarding timber value or income potential are estimates and projections only. The quality, quantity, and market value of the timber are not guaranteed. Buyers interested in timber value should hire a certified forester to conduct a professional timber cruise and valuation. General Liability: All information is sourced from the seller and public records. It is deemed reliable but not guaranteed. The property is offered AS-IS.

Features

  • Lot Size: 0.00
  • MLS#: TB8455215
  • Days on Market: 99 days
  • Website: https://www.raveis.com
    /prop/TB8455215/oldbellamytrail_melrose_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 3/21/2026 2:47:06 PM)
Listing courtesy of REAL ESTATE SALES FORCE   Phone: 305-392-1497

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

OLD BELLAMY TRAIL, Melrose, FL, 32666

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $316,000 $316,000 $316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.395% 6.520% 5.900%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,895 $1,971 $2,603
Total Monthly Payment $1,970 $2,046 $2,678

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.