20530 SW 5TH PLACE Dunnellon, FL $ 899,000
20530 SW 5TH PLACE
$ 899,000
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20530 SW 5TH PLACE

Dunnellon, FL, 34431
$ 899,000
Bedrooms3 Baths2.0 Sq 1,302

Monthly Estimate*

$ 5,609

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Single Family Home for sale in Dunnellon, FL

for $899,000 with 3 bedrooms and 2 full baths. This 1,302 square foot home was built in 1997 on a lot size of 19.17.

19.17 Acres – Two Homes, Barn, No HOA! Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs. Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests. The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition. Property Highlights: Two Homes: • Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022) • Second Home – 3BR/2BA mobile home (2015) 1080 Sq ft 12-Stall Barn with efficient layout No HOA & agricultural zoning Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals Roof on Main House is 2024, HVAC 2022 Established pastureland for horses or livestock Some photos and video are from three years ago (property was off the market due to health reasons). This is a rare chance to own a versatile, income-generating farm in a sought-after location.

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Single Family Active

Price

$ 899,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,794

Style

Single Family Residence

Lot Size

19.17

Year Built

1997

Town/City

Dunnellon

County/Region

Marion

MLS | Web ID

OM705658

Features
Interior
Interior Amenities ceiling fan(s)
Flooring ceramic tile
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Half Baths 0
Laundry Features other
Total Bedrooms 3
Total Baths 2
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General
Sewer septic tank
Heating central
Cooling central air
Utilities bb/hs internet available
Possession close of escrow
Roof shingle
Appliances dishwasher range refrigerator
Zoning a1
Garage Spaces 2
Patio/Porch Features front porch
Construction Materials wood frame
Year Built 1997
Levels one
Property Subtype single family residence
Tax Year 2024
Ownership fee simple
County marion
New Construction no
Property Type residential
HOA N
Attached Garage yes
Subdivision Name farm non-sub
Facing Direction north
Garage Y/N yes
Other Structures additional single family home barn(s)
Total Rooms 7
Full Baths 2
Status active
Directions us hwy 41. go west on sw 5th place. property will be on the left across from church.
High School dunnellon high school
City dunnellon
Senior Community Y/N no
MLS Area 34431 - dunnellon
Lot Size Units acres
Lot Size Square Feet 835045
Carport Y/N no
Listing Terms cash conventional va loan
Elementary School romeo elementary school
Land Lease Y/N no
Tax Annual Amount 2794.86
Body Type double wide
Middle/Junior High School dunnellon middle school
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.youtube.com/watch?v=bs0ejyfvamu&t=29s
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type owner
Tax Lot 1
Legal Description sec 14 twp 15 rge 18 com nw cor of s 1/2 of nw 1/4 th s 89-51-31 e 1992.46 ft to pob th s 89-51-31 e 645.55 ft th s 00-05-25 w 1323.61 ft th n 89-51-22 w 645.66 ft th n 00-05-25 e 1323.58 ft to pob e
Minimum Lease no minimum
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
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Exterior
Exterior Amenities french doors
Vegetation oak trees
Fencing board cross fenced fenced wire wood
Lot Features farm zoned for horses
Water Source well
Lot Size Area 19.17
Foundation Details block slab
Building Area Total 1302
Lot Size Acres 19.17
Road Surface Type paved asphalt
Private Pool no
Waterfront Y/N no
Covered Spaces 2
Road Frontage Type street paved
Road Responsibility public maintained road
Horse Amenities round pen
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Internal Only
Street Number 1 20530
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* Excluded Features
List By
Pegasus Realty & Assoc Inc

Broker

grimesocala@gmail.com

Email

Affordability Calculator

$5,841
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$233
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
3325979 Elementary School
3325482 Middle School
Dunnellon High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$899,000 -5.27% Price Down
9/2/2025$949,000 -5.01% Price Down
8/22/2025$999,000 Listed Price

Map


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20530 SW 5TH PLACE, Dunnellon, FL, 34431 is a Single Family Home for sale at $899,000 with 1,302 sqft and a lot size of 19.17. 20530 SW 5TH PLACE has 3 bedrooms, 2.0 baths, and was built in 1997. The property's zip code is 34431 which is in Dunnellon, FL