RAINBOW LAKES ESTATE

Tbd NW Water Oak Avenue, FL 34431

Closed

$21,900

Est. Payment $117/mo

MLS Sheet Video

4

Days on Market

Description

Discover the perfect opportunity to build your dream home on this spacious 1.01-acre corner lot located on Water oak Ave in Dunnellon, Florida. This beautiful parcel offers ample room for a custom home, outdoor living, and more—while still providing privacy and a peaceful setting. Situated in a growing area, this property combines the charm of rural living with convenient access to nearby shopping, dining, and outdoor recreation. Enjoy being just a short drive from the crystal-clear waters of the Rainbow River and the natural beauty that Dunnellon is known for. With plenty of space and flexibility, this lot is ideal for those looking to create their own private retreat or invest in land in a desirable area. Buyer to perform their own due diligence regarding zoning, utilities, and land use.

Facts

MLS#
B26007658
Subdivision
RAINBOW LAKES ESTATE
Property Type
Commercial Land
Property Sub Type
Agriculture
Year Built
Lot Size
43,996 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
4 days
Listed
Mar 27, 2026
Last Updated
May 18, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for ZIP 34431

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

94

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/18/2026Sold$21,900
3/27/2026Listed for sale$21,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$285/mo

Principal & Interest

$117

Property Tax

$18

Insurance

$150

HOA

$0

20% ($4,380)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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