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Rural Residential Land Parcel
For Sale
$39,799

SE 136TH Terrace, Dunnellon, FL 34431

Land, DUNNELLON, FL

Property SizeContact for details
Lot Size1.04 Acres
Days on Market248

Property Features for SE 136TH Terrace

General Information

Property type Land
Property subtype Other
Zoning RR
Pets allowed Yes
Subdivision RAINBOW LAKES ESTATES
Lot features Buildable, Rural, Wooded
Directions From Dunnellon go West onto W. Hwy 40, right onto SW CR 336, right onto SE CR 337, right onto SE 114th Place, left onto SE 136th Terrace, to property on the left.
Standard status Active
APN 06851-014-00
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 21, Block 21, RAINBOW LAKES ESTATES SECTION "N", according to the plat thereof, as recorded in Plat Book 3, Pages 27, 27A through 27D, inclusive, of the Public Records of Levy County, Florida
Tax Annual Amount 251
Legal Description Lot 21, Block 21, RAINBOW LAKES ESTATES SECTION "N", according to the plat thereof, as recorded in Plat Book 3, Pages 27, 27A through 27D, inclusive, of the Public Records of Levy County, Florida

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: SHOWCASE PROPERTIES OF CENTRAL
Listed By: Mary Durr · License #3094976
Added: Jan 7 Changed: Aug 19 Last Checked: Sep 12 at 2:06AM
MLS# OM715673

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.

This rural residential land parcel is described as high and dry and lightly wooded, offering a setting for you to build your private retreat. The property includes paved road frontage and is located within the RR zoning designation in Levy County.

The parcel is situated in Rainbow Lakes Estates, a community that offers access to three lakes and recreational facilities in a community park environment, with no HOA fees reported. The seller also notes lower property taxes and lower impact fees based on the neighborhood’s location within the Levy County portion of the community.

If you’re looking to increase your footprint, the property is surrounded by other vacant lots, creating the possibility to expand to a larger holding.

Key Highlights

  • 1‑acre high‑and‑dry parcel in Rainbow Lakes Estates
  • Lightly wooded lot with paved road frontage
  • Water source: well needed; sewer: septic needed

Property Analytics

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Current Use

Residential land & home ...

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 34431, FL

8,589
Population
4,744
Households
1.8
Avg Household Size
56
Median Age
14%
College-Educated
85%
High-School Grad
104.2 sq mi
ZIP Area
82
Density / Sq Mi
$51,542
Median Household Income
$38,477
Median Earnings
$858
Median Rent
$185,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - High-and-dry, lightly wooded parcel with paved road frontage in a rural residential community with no HOA fees.
Where is this residential land & home lot located?
The property is located at SE 136TH Terrace Dunnellon, FL.
What is the asking price?
The asking price for this property is $39,799.
What are key features of this property?
This property features: 1‑acre high‑and‑dry parcel in Rainbow Lakes Estates; Lightly wooded lot with paved road frontage; Water source: well needed; sewer: septic needed
More about this property
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