Discover the perfect blend of investment potential and natural beauty at 107 Eliam Road. This 3 Bedroom 2 Bath Jim Walter built house sits on nearly an acre of private fenced land with no HOA restrictions. Home has recently had many upgrades to include new exterior paint as well as interior paint. The kitchen has upgraded wood cabinets, new sink, and fridge. The bathrooms have been upgraded along with all new wall outlet covers and light switches. Home has a large enclosed screened porch off the backdoor and a fully covered front deck with a outdoor wooden swing to relax for enjoying the peaceful surroundings. Enjoy total freedom with no annual association fees and no restrictive covenants, making it ideal for storing boats or RVs. The home is currently vacant and features central air, central heating, and durable vinyl flooring. Zoned as Agricultural (AG), the land provides more versatility than standard residential lots. The property is fully fenced with wire fencing, providing a secure space for pets or gardening. Situated conveniently between Gainesville and Palatka, providing easy access to city amenities while maintaining a rural lifestyle. The property is located in Downtown Historic Melrose, with lots of music restaurants , art walks, farmers markets and our new 270 acre Wild Flowers Music Park, as well as Santa Fe Lake, a 6000 acre fully recreational spring fed lake. Come see why this quaint town is so attractive !!