SW 54TH STREET Dunnellon, FL $ 42,490
SW 54TH STREET
$ 42,490
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SW 54TH STREET

Dunnellon, FL, 34431
$ 42,490
Baths0.0

Monthly Estimate*

$ 268

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View a Virtual Tour
Studio

Lots and Land for sale in Dunnellon, FL

for $42,490. The lot size is 1.06.

**PREMIUM 1.06-ACRE CORNER LOT IN RAINBOW LAKES ESTATES – PRICE REDUCED!** Exceptional opportunity to own one of the most desirable buildable lots in **Rainbow Lakes Estates**. This expansive **1.06-acre corner parcel** at **SW 54th Street & SE 106th Avenue** is level, high and dry, and ready for development. With **electricity available on both road frontages**, this property offers flexibility and convenience for your custom home, spec build, or long-term investment. Located in a rapidly growing area with substantial new construction activity, this neighborhood continues to attract buyers seeking larger homesites and modern residences. The surrounding market has experienced strong appreciation, making this an excellent opportunity for builders, investors, and future homeowners alike. Enjoy a prime location just minutes from **Rainbow Springs State Park**, **Rainbow River**, **Rainbow’s End Golf Club**, shopping, dining, and outdoor recreation. Large corner lots with this combination of size, location, and buildability are becoming increasingly difficult to find.

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Lots and Land Active

Price

$ 42,490

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 223

Style

Lot Size

1.06

Town/City

Dunnellon

County/Region

Marion

MLS | Web ID

TB8411886

Features
General
Sewer None
Utilities BB/HS Internet Capable Electrical Nearby Phone Available
Zoning R1
Tax Year 2024
Current Use Residential
Ownership Fee Simple
County Marion
Property Type Land
Subdivision Name RAINBOW ACRES
Facing Direction East
Status Active
Directions From US-41 North head south on US-41/S Williams St toward Dunnellon. Turn left onto SW 54th Street (look for the street sign at the intersection). Continue on SW 54th Street for approximately 1.2 miles. Turn left onto SE 106th Avenue — the property is located near the corner of SW 54th Street and SE 106th Avenue.
City DUNNELLON
MLS Area 34431 - Dunnellon
Lot Size Units Acres
Lot Size Square Feet 46174
Listing Terms Cash Conventional
Tax Annual Amount 223
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8411886
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 19
Legal Description SEC 35 TWP 15 RGE 18 PLAT BOOK G PAGE 098 RAINBOW ACRES UNIT 4 BLK 43 E 115 FT LOTS 19-22
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Baths 0
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Exterior
Lot Features Buildable Corner Lot Level Oversized Lot Rural
Water Source None
Lot Size Area 1.06
Lot Dimensions 401 x 115
Lot Size Acres 1.06
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Paved Access Road County Road
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* Excluded Features
List By
Star Bay Realty Corp.

Broker

marcusvdematos@gmail.com

Email

Affordability Calculator

$287
Per Month
94%
6%
0%
Monthly Principal & Interest
$268
Monthly Property Taxes
$19
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$42,490 16.41% Price Up
5/18/2026$36,500 -3.92% Price Down
4/25/2026$37,990 -4.79% Price Down
4/7/2026$39,900 -11.33% Price Down
2/27/2026$45,000 4.90% Price Up
1/29/2026$42,900 -4.67% Price Down
12/19/2025$45,000 Listed Price

Map


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SW 54TH STREET, Dunnellon, FL, 34431 is a Lots and Land for sale at $42,490 with a lot size of 1.06. SW 54TH STREET is a studio with 0.0 baths. The property's zip code is 34431 which is in Dunnellon, FL