# SE 131 TERRACE, Dunnellon, FL 34431

> **TL;DR:** land, $62,499. Est. $334/mo. Listed 27 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $62,499 |
| Lot Size | 87,120 sqft (2.00 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 27 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $316 |
| Estimated Insurance | $18 |
| **Total** | **$334** |

## Property Highlights

- 2.00 acre lot

## Description

### Agent Description
Discover the possibilities with this approximately 2-acre parcel in Rainbow Lakes Estates! Comprised of two adjoining lots totaling approximately 86,800 square feet, this spacious property offers approximately 280 feet of paved road frontage on SE 131st Terrace. The level, wooded setting provides plenty of room to create your Florida retreat while still enjoying the quiet, rural feel the area is known for. Manufactured homes are permitted per available property information, with well and septic required and power available in the area. No HOA. Conveniently located near Dunnellon with access to outdoor recreation, lakes, parks and the natural beauty of North Central Florida. Whether you're looking for a future homesite, additional space or land to hold for the future, this is an opportunity to own approximately two acres in Rainbow Lakes Estates. Buyer to verify zoning, permitted uses, utilities, lot dimensions and development requirements with Levy County.

## Location

- **Address:** SE 131 TERRACE, Dunnellon, FL 34431
- **County:** Levy
- **Neighborhood:** RAINBOW LAKE ESTATES
- **Coordinates:** 29.173605, -82.54949
- **Google Maps:** https://www.google.com/maps?q=29.173605,-82.54949

## Listing Agent

- **Name:** Carol Krokel
- **Brokerage:** Hidden Oaks Realty LLC
- **Broker Phone:** (352) 216-9322
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/SE-131-Ter_Dunnellon_FL_34431_M94301-55944?f=listhub&s=MFRMLSFL&m=OM733284&c=propsimple)

## Photos

![SE 131 TERRACE - Photo 1](http://lh.rdcpix.com/04db837f2919b9ebfbbc492ca52cbd5fl-f3482258642r.jpg)

---

**MLS#:** OM733284 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/se-131-terrace-dunnellon-fl-34431-6f415c7d3e1e4de49bffe3efe962accd)

---

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