8518 SW 189TH COURT RD
Dunnellon, FL, 34432 $ 5,900,000
Bedrooms-- Baths-- Sq 23,768 Monthly Estimate*
$ 36,327
for $5,900,000. This 23,768 square foot building was built in 1984 on a lot size of 214.89.
This unique opportunity allows for the purchase of a property featuring a clubhouse, maintenance facility, and an 18-hole golf course nestled within the desirable Rainbow Springs community. Although the golf course is currently closed, the property is actively managed, maintained, and mowed multiple times each year. Spanning approximately 215 acres, this land offers a wealth of potential for a savvy investor. The clubhouse underwent a multi-million dollar renovation in 2018, hosting a range of amenities including a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, a public restaurant on-site, a disc golf course, a half-court basketball area, bocce ball courts, and more. Upon entering the clubhouse, you will find around 25,000 square feet of space that houses various rooms for activities such as meetings, billiards, ping pong, fitness sessions, crafts, card games, and other pursuits. With over 180 parking spaces available, there is plenty of room for guests to enjoy the various offered activities.Additionally, the owner has a vacant lot featuring their own billboard along the busy US 41 for promotional purposes. This property boasts two deep-water wells with water permits valid until November 7, 2040, providing a substantial capacity of 192,500 gallons per day. Furthermore, the property enjoys around 4,500 feet of highway frontage on US 41. Its prime location is less than a mile away from Rainbow Springs State Park, which draws 350,000 visitors each year, and just two miles from the KP Hole County Park on the Rainbow River, which welcomed 100,000 visitors in 2023. The Rainbow Springs Campground is a mere 10-minute drive from the site. The seller is open to the idea of selling the property separately from the clubhouse.
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FeaturesGeneralSewer Septic Needed
Heating Central Electric
Cooling Central Air
Utilities Electricity Available Phone Available Water Connected
Possession Close Of Escrow
Roof Metal
Zoning R1
Security Features Fire Sprinkler System Security Lights
Construction Materials Other
Year Built 1984
Property Subtype Mixed Use
Tax Year 2023
Ownership Partnership
County Marion
New Construction false
Property Type Commercial Sale
Subdivision Name RAINBOW SPGS COUNTRY CLUB ESTATES
Facing Direction North
Building Features Bathrooms Kitchen Facility Pool/Spa
Other Structures Maintenance Storage Workshop
Status Active
Directions From Dunnellon: North on US 41 to east on SW 83rd Pl Road to Clubhouse on right.
City DUNNELLON
MLS Area 34432 - Dunnellon
Lot Size Units Acres
Lot Size Square Feet 9360608
Listing Terms Cash Conventional
Tax Annual Amount 9563.56
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM688678
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 2
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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InteriorFlooring Carpet Concrete Tile Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorVegetation Mature Landscaping Oak Trees Trees/Landscaped
Parking Features Over 30 Spaces
Lot Features Neighbourhood Wooded
Water Source Public
Lot Size Area 214.89
Foundation Details Slab
Number of Buildings 4
Building Area Total 23768
Lot Size Acres 214.89
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Easement
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* Excluded FeaturesList ByDunnellon Real Estate LlcBroker
chodges@mydunnellonrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,327
- Monthly Property Taxes
- $797
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Dunnellon, FL
Average List Price $2,224,500
Percent of Sale Price 62%
About Dunnellon, FL 1,852 Population
0% Since 2002
$ 28,078 Median Income
54.89 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/19/2025 | $5,900,000 | | Listed Price |