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About This Home

This 0-bedroom, 0-bathroom commercial at 8518 SW 189TH COURT RD in Dunnellon, FL is listed for $4,900,000 ($206 per sqft). Built in 1984, the home offers 23,768 sqft of living space on a 214.89 acres lot.

Agent Description

!!! JUST REDUCED PRICE BY 1 MILLION DOLLARS!!! 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.

Key Features

  • Built in 1984
  • 214.89 acre lot

Property Details

1984

Monthly Cost Estimate

$26,206/mo

20% down · 6.5% · 30 years

Principal$3,544
Interest$21,233
Insurance$1,429

Estimates only. Actual payments may vary.

Location

8518 SW 189TH COURT RD

Dunnellon, FL 34432

RAINBOW SPGS COUNTRY CLUB ESTATES

Features & Amenities

Exterior Features

Security Lights

Property Details

Flooring

CarpetConcreteTileVinyl

Heating

CentralElectric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 8518 SW 189TH COURT RD is listed at $4,900,000 ($206/sqft). The estimated monthly payment is $21,233 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 214.89 acre lot. Exterior Features: Security Lights.

This property is listed by Christopher Hodges and can be reached at 3528757787 or chodges@mydunnellonrealestate.com.

CH

Christopher Hodges

Agent at DUNNELLON REAL ESTATE LLC

(352) 875-7787

Listed by DUNNELLON REAL ESTATE LLC · View on Broker Site

MLS# OM688678· Source: listhub· Updated 579 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8518 SW 189TH COURT RD, Dunnellon, FL 34432

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