To schedule a showing of SW 54th Street, Dunnellon, Florida, Call David Shippey at 863-521-4517 TODAY!

$42,490 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$42,490 Increase +$5,990
SW 54th Street
Dunnellon, FL 34431
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • N/AYear Built
  • 1.06Acres
  • MLS# TB8411886
  • Vacant Land
  • Residential
  • Active

  • Approx Time on Market10 months, 9 days
  • Area34431 - Dunnellon
  • CountyMarion
  • Subdivision Rainbow Acres

Overview

**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**, **Rainbows 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.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Buyer Compensation

Exterior Features

Fees / Restrictions

Financial

Original Price:  $42,900

Garage / Parking

Green / Env Info

Interior Features

Lot Info

Direction Remarks:  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.

Lot Size Units:  Acres

Lot Size Acres:  1.06

Lot Sqft:  46,174

Road Frontage Type:  CountyRoad

Est Lotsize:  401x115

Lot Desc:  Buildable, CornerLot, Flat, Level, OversizedLot, RuralLot

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  35

Class Type:  Residential

Property Sub Type:  Residential

Human Modified:  Yes

Current Use:  Residential, SingleFamily

Sqft Info

Living Area Units:  SquareFeet

Tax Info

Tax Year:  2,024

Tax Lot:  19

Tax 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

Tax Block:  43

Tax Annual Amount:  223

Tax Book Number:  G-098RAINBOW

Unit Info

Utilities / Hvac

Water Source:  None

Sewer:  None

Utilities:  ElectricityAvailable, HighSpeedInternetAvailable, PhoneAvailable, SewerNotAvailable, WaterNotAvailable

Waterfront / Water

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.

This listing courtesy of Star Bay Realty Corp. 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Tue, Jul 29th 2025)
  • Original Price: $42,900
  • Current Price: $42,490
  • Price Reduced: $410
Date ChangedFromTo
06/02/2026$36,500 $42,490 Increase by $5,990
05/18/2026$37,990 $36,500 Reduced by $1,490
04/25/2026$39,900 $37,990 Reduced by $1,910
04/07/2026$45,000 $39,900 Reduced by $5,100
02/27/2026$42,900 $45,000 Increase by $2,100
01/29/2026$45,000 $42,900 Reduced by $2,100
12/08/2025$38,900 $45,000 Increase by $6,100
10/23/2025$42,900 $38,900 Reduced by $4,000

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If you have any questions on SW 54th Street, Dunnellon, Florida, please call David Shippey at 863-521-4517.


MLS# TB8411886 located at SW 54th Street, Dunnellon, Florida is brought to you by David Shippey REALTOR®

SW 54th Street, Dunnellon, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for SW 54th Street, Dunnellon, Florida is TB8411886.
The price for SW 54th Street, Dunnellon, Florida is $42,490.
The status of SW 54th Street, Dunnellon, Florida is Active.
The subdivision of SW 54th Street, Dunnellon, Florida is Rainbow Acres.
The home located at SW 54th Street, Dunnellon, Florida was built in 2026.