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Residential Duplex with RBO Flexibility
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20707 Walnut St, Dunnellon, FL 34431

Duplex in Dunnellon city limits with RBO zoning allowing an approved business while living on-site or renting both units.

Days on Market111

Property Features for 20707 Walnut St

General Information

Standard status Active
Property subtype Multifamily
Zoning RBO

Additional Details

Multifamily Units 2
Listing Agency: Dunnellon Real Estate LLC
Listed By: Chris Hodges · License #BK3260213
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 23 at 11:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dunnellon Real Estate LLC

Investment Insights

Based on property information with market context.

This for-sale duplex is located within the city limits of Dunnellon, offering the flexibility to operate an approved business out of the property while living in one side, or to rent both sides for monthly income. The property is positioned for multi-use residential and income scenarios under the stated RBO zoning allowance.

Directions from within Dunnellon are provided: travel west on W. Pennsylvania Ave. to R/Ohi o Street, then to L/Walnut Street, and continue to the property on the right.

The seller describes the asset as having multiple possibilities for income production, and owner financing may be considered with an acceptable down payment.

Key Highlights

  • Duplex located within Dunnellon city limits
  • RBO zoning allows an approved business to operate from the property while living on‑site on one side
  • Option to rent both sides to collect rental income

Property Analytics

Current Use

Kountry girl salon Hair Salon Massage therapist Morgan ... Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

561
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Dunnellon city limits with RBO zoning allowing an approved business while living on-site or renting both units.
Where is this duplex located?
The property is located at 20707 Walnut St Dunnellon, FL.
What are key features of this property?
This property features: Duplex located within Dunnellon city limits; RBO zoning allows an approved business to operate from the property while living on‑site on one side; Option to rent both sides to collect rental income
More about this property
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