0 Cardinal Ave Dunnellon, FL 34431
This exceptional .99-acre vacant land parcel in Rainbow Lakes Estates, Dunnellon, Florida (zip code 34431), presents a unique opportunity to build your dream home. Located on SW Cardinal Avenue, this oversized lot offers minimal tree coverage, simplifying land clearing for construction. The property boasts a desirable location, less than 30 minutes from the Gulf of Mexico, the World Equestrian Center, Rainbow Springs State Park, and the shopping and dining options of Dunnellon and Ocala. Rainbow Lakes Estates is a serene community of custom-built homes featuring a county-managed community center, eliminating HOA fees. Residents enjoy exclusive access to a private boat ramp on Tiger Lake, and the nearby lake and park enhance the community's appeal. Outdoor enthusiasts will appreciate the proximity to Rainbow River and Rainbow Springs State Park, offering opportunities for hiking, biking, and horseback riding on the Withlacoochee Trail. The asking price is $42,000. Please note that mobile homes are not permitted on this property. The lot size is 43,124 square feet (approximately 0.99 acres).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.