Rainbow Acres Land
For Sale
$140,000
SW 54TH Street, Dunnellon, FL 34431
Land, DUNNELLON, FL
Property SizeContact for details
Lot Size3.74 Acres
Days on Market187
Property Features for SW 54TH Street
General Information
Property type
Land
Property subtype
Other
Zoning
R1
Subdivision
RAINBOW ACRES UN 04
Lot features
Cleared, Oversized Lot, Paved
Elementary school
Romeo Elementary School
Middle school
Dunnellon Middle School
High school
Dunnellon High School
Directions
From Dunnellon go North on Hwy 41. Turn Left (West) on S.W. 54th Ave Go to the end of the road. See SIGN on the right (North Side) It is the last 4 lots on 54th Ave.
Standard status
Active
APN
1754-042-046
Lot size
3.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 35 TWP 15 RGE 18 PLAT BOOK G PAGE 098 RAINBOW ACRES UNIT 4 BLK 42 LOTS 46.47.48.49
Tax Annual Amount
396
Legal Description
SEC 35 TWP 15 RGE 18 PLAT BOOK G PAGE 098 RAINBOW ACRES UNIT 4 BLK 42 LOTS 46.47.48.49
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Listing Agency:
SELLSTATE NEXT GENERATION REAL
(352) 387-2383
Listed By:
David Hackbart · License #3403587
(352) 355-0778
Added: Mar 8
Changed: Aug 25
Last Checked: Sep 11 at 5:06PM
MLS# OM720341
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.
Located in the Rainbow Acres subdivision outside Dunnellon, this property features four lots totaling 3.74 acres. The land offers opportunities for investment or building a dream residence. The non-deed restricted community has no HOA fees. The property allows for the installation of a private well and septic system. Residents can enjoy the convenience of nearby shopping, entertainment, and medical facilities. The property is close to the Rainbow River State Parks, offering boating, swimming, fishing, tubing, paddleboarding, and kayaking. Lake Rousseau, known for bass fishing, is also located nearby. The property is located in Florida.
Key Highlights
- Large 3.74‑acre property comprised of four .95‑acre lots, offering flexibility for building or subdivision.
- Located in Rainbow Acres Subdivision, just outside Dunnellon, providing a quiet setting with urban conveniences.
- No HOA fees and non‑deed restricted community, offering independence and flexibility.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Land - Large lots near Rainbow River, ideal for investment or residence.
Where is this land located?
The property is located at SW 54TH Street Dunnellon, FL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Large 3.74‑acre property comprised of four .95‑acre lots, offering flexibility for building or subdivision.; Located in Rainbow Acres Subdivision, just outside Dunnellon, providing a quiet setting with urban conveniences.; No HOA fees and non‑deed restricted community, offering independence and flexibility.
