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18-Hole Golf Course with Clubhouse
For Sale
$4,900,000

8518 SW 189TH COURT RD, Dunnellon, FL 34432

Commercial Sale, DUNNELLON, FL

Property SizeContact for details
Lot Size203.00 Acres
Days on Market710

Property Features for 8518 SW 189TH COURT RD

General Information

Property type Commercial Sale
Property subtype Other
Zoning R1
Security features Security Lighting
Subdivision RAINBOW SPGS COUNTRY CLUB ESTATES
Lot features Neighbourhood, Wooded
Directions From Dunnellon: North on US 41 to east on SW 83rd Pl Road to Clubhouse on right.
Standard status Active
APN 3296-000-001
Lot size 203.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GO
Tax Annual Amount 9564
Legal Description SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GO

Utilities

Utilities Phone Available
Sewer type Septic Needed
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

swimming pool
tennis courts
pickleball courts
grand ballroom
public restaurant
disc golf course
half-court basketball area
bocce ball courts
meeting rooms
billiards
ping pong
fitness sessions
crafts
card games

Building Details

Year built 1984
Floors in Building 2
Flooring type Concrete, Tile, Vinyl, Carpet
Roof type Metal
Additional Structures Storage
Listing Agency: DUNNELLON REAL ESTATE LLC
Listed By: Christopher Hodges · License #3260213
Added: Oct 30, 2024 Changed: Sep 28 Last Checked: Oct 9 at 11:06PM
MLS# OM688678

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 golf property includes an 18-hole course, clubhouse, maintenance facility, and a range of recreational improvements. The clubhouse was renovated in 2018 and contains approximately 25,000 square feet with rooms for meetings, billiards, ping pong, fitness, crafts, card games, and other activities. Additional amenities include a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, restaurant, disc golf course, half-court basketball area, and bocce ball courts. The golf course is currently closed but continues to be managed, maintained, and mowed multiple times each year.

The property has over 180 parking spaces and approximately 4,500 feet of frontage along US 41. Two deep-water wells have permits valid through November 7, 2040, with permitted capacity of 192,500 gallons per day. Rainbow Springs State Park is less than one mile away, while KP Hole County Park is two miles from the property.

Key Highlights

  • 18‑hole golf course with clubhouse and maintenance facility
  • Clubhouse renovated in 2018 with approximately 25,000 square feet
  • Over 180 parking spaces serving the property’s amenities

Property Analytics

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Current Use

Golf courses & driving ...

Suggested Use

Top Pick Building Supply Restaurant Law Firm Real Estate Agency Storage Facility Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 34432, FL

13,159
Population
6,899
Households
1.9
Avg Household Size
58
Median Age
20%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
125
Density / Sq Mi
$47,711
Median Household Income
$30,240
Median Earnings
$1,077
Median Rent
$223,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Golf course & driving range - Golf property with a renovated clubhouse, recreation amenities, maintenance facility, and extensive highway frontage.
Where is this golf course & driving range located?
The property is located at 8518 SW 189TH COURT RD Dunnellon, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 18‑hole golf course with clubhouse and maintenance facility; Clubhouse renovated in 2018 with approximately 25,000 square feet; Over 180 parking spaces serving the property’s amenities
More about this property
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