Discover the perfect blend of investment potential and natural beauty at 107 Eliam Road. This 2BR/1BA home sits on nearly an acre of private, fenced land with no HOA restrictions. Built for durability with a metal roof and HardiPlank siding, the residence features a screened porch and deck designed for enjoying the peaceful surroundings. Whether you're looking for a high-demand rental or a quiet retreat near the region's famous lakes, this centrally located property between Gainesville and Palatka is a rare find. Investment & Durability Solid Construction: Built with HardiPlank-type siding and a metal roof, this home is designed for longevity and low-maintenance costs.No HOA: Enjoy total freedom with no annual association fees and no restrictive covenants, making it ideal for storing boats or RVs. Turnkey Ready: The home is currently vacant and features central air, central heating, and durable vinyl flooring. Flexible Use: Zoned as Agricultural (AG), the land provides more versatility than standard residential lots. Natural Surroundings & Outdoor Living Expansive Lot: The property is fully fenced with wire fencing, providing a secure space for pets or gardening. Outdoor Oasis: Multiple outdoor spaces include a front porch, deck, and a screened-in rear porch, allowing you to fully enjoy the quiet Melrose atmosphere. Heart of the Lakes: Located in the celebrated Melrose lake region, you are minutes away from some of the best fishing and boating in North Central Florida. Location & Accessibility Centrally Positioned: Situated conveniently between Gainesville and Palatka, providing easy access to city amenities while maintaining a rural lifestyle.Local Convenience: The property is located near Historic Melrose, with lots of music restaurants , art walks, farmers markets ,Schools the new 270 acre Wild Flowers Music Park, as well as Santa Fe Lake, a 6000 fully recreational spring fed lake. Come see why this quaint town is so attractive !!