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    19330 83Rd Place Rd Dunnellon, FL 34432

    For Sale
    $5,900,000

    Prime Florida Recreation Property

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 215-acre property in Dunnellon, Florida, presents a unique investment opportunity. The centerpiece is a recently renovated 25,000 sq ft clubhouse featuring a grand ballroom, restaurant, swimming pool, tennis and pickleball courts, and various recreational spaces (billiards, ping pong, fitness area). Five buildings in total, including a 3,000 sq ft maintenance facility and cart barn, sit on this expansive site. The property boasts 180 parking spaces and two deep-water wells with permits extending to November 7, 2040, providing 192,500 gallons of water daily. A former 18-hole golf course (currently closed but maintained) adds to the acreage. The property enjoys approximately 4,500 feet of highway frontage on US 41, providing excellent visibility and access. Its strategic location near Rainbow Springs State Park (350,000 annual visitors) and KP Hole County Park (100,000 visitors in 2023) offers significant potential for increased revenue. The property includes a vacant lot with a billboard on US 41. Zoned B-2, R-1, and PUD, this property offers diverse development possibilities. The seller is open to selling the land separately from the clubhouse. Built in 1984 with renovations completed in 2018, this property is listed at $5,900,000. APN: 3296-000-001.

    Property Features for 19330 83Rd Place Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    10,000 SF

    Building Details

    Year Built/Renovated
    1984/5
    Buildings
    5
    Stories
    2

    HighLights

    • 215‑acre property with an 18‑hole golf course (currently closed but maintained) in the Rainbow Springs community.
    • Multi‑million dollar renovated clubhouse (2018) featuring ~25,000 sq ft of space, pool, tennis/pickleball courts, ballroom, restaurant, disc golf, and ample parking (180+ spaces).
    • Separate 3,000 sq ft maintenance building and cart barn.
    • Two deep‑water wells (192,500 gallons/day capacity, permits valid until 11/7/2040).
    • ~4,500 feet of US 41 highway frontage, near Rainbow Springs State Park and KP Hole County Park.
    • Owner‑owned billboard on US 41.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rainbow Springs Property ... Association / Organization Dunnellon Community Church Church Cheers at Rainbow Springs American Restaurant Rainbow Springs Club Event Venue Blue Run Cart ... Canoe & Kayak Rental Service

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Gym & Fitness Hotel & Motel Computer & Electronic Repair Bakery Travel Agency Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dunnellon
    County
    Marion
    State
    Florida
    Longitude
    -82.4406891
    Latitude
    29.1007881

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    FAQs

    What type of property is this?
    Specialty property - Prime Florida Recreation Property
    Where is this specialty property located?
    The property is located at 19330 83Rd Place Rd Dunnellon, FL.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: 215-acre property with an 18-hole golf course (currently closed but maintained) in the Rainbow Springs community.; Multi-million dollar renovated clubhouse (2018) featuring ~25,000 sq ft of space, pool, tennis/pickleball courts, ballroom, restaurant, disc golf, and ample parking (180+ spaces).; Separate 3,000 sq ft maintenance building and cart barn.
    Request Owner's contact information
    19330 83Rd Place Rd Dunnellon, FL 34432
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    Dunnellon, FL 34432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19330 83Rd Place Rd Dunnellon, FL 34432
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