4001 SW 189TH AVENUE Dunnellon, FL 34432
Farm - DUNNELLON, FL
Property Features for 4001 SW 189TH AVENUE
General Information
- Property type
- Residential
- Property subtype
- Farm
- Zoning
- A2
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Great Room, Kitchen
- Standard status
- Active
- APN
- 1740-013-010
- Size
- 1,369 SF
- Lot size
- 2.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2821.78
Building Details
- Year built
- 1984
- Architectural style
- Other
Listing agent Qhuantae Nunn License #3433385 (352) 342-5838
Listing office DALTON WADE INC 260 1st Ave S. Suite 200, St. Petersburg, FL (888) 668-8283
Listing date Jun 16, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site is located in Dunnellon, Marion County, Florida, with A-2 zoning (as listed) supporting additional flexibility for a variety of residential and agricultural uses. The property is described as being conveniently located near Dunnellon and Rainbow Springs, with access to Ocala also noted, while still maintaining a degree of privacy.
For investors and owner-occupants, the combination of acreage and two homes can fit several strategies, from renovation for personal use to creating rental units once repairs are complete. Buyers should plan for the needed updates and treat the homes as value-add projects, with the land itself serving as the primary asset within an A-2 zoning framework.
Key Highlights
- 2.38 acres in Dunnellon with two homes already on the property
- A‑2 zoning offers flexibility for a variety of residential and agricultural uses
- Both homes will require updates and repairs
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.2k | $16.20 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $20.8k | $15.23 |
| − OpEx | −$9.4k | −$6.85 |
| NOI | $11.5k | $8.38 |
