8518 SW 189Th Court Rd, Dunnellon, FL 34432
For Sale
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This exceptional 215-acre mixed-use property in Dunnellon, FL, presents a unique investment opportunity. The centerpiece is a recently renovated clubhouse (25,000 sq ft, 2018) boasting a swimming pool, restrooms, tennis and pickleball courts, a grand ballroom, a restaurant, disc golf course, basketball court, and bocce ball courts. The clubhouse also features ample space for various activities, including meeting rooms, billiards, ping pong, fitness areas, and more, supported by over 180 parking spaces. A separate 3,000 sq ft maintenance building and cart barn are included. The property also features an 18-hole golf course (currently closed but maintained), two deep-water wells (192,500 gallons/day capacity, permits valid until November 7, 2040), and approximately 4,500 feet of highway frontage on US 41. A vacant lot with a billboard on US 41 provides additional promotional potential. The property's prime location is less than a mile from Rainbow Springs State Park (350,000 annual visitors) and two miles from KP Hole County Park (100,000 visitors in 2023), with Rainbow Springs Campground a short drive away. The seller is open to considering the sale of portions of the property separately, offering increased flexibility for potential buyers. The total building square footage is 23,768 sq ft.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 · Dunnellon, FLDunnellon. Always verify with local authorities before improvements.
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.