Homes for sale - 8518 SW 189TH COURT RD, Dunnellon, FL 34432

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$ 5,900,000

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Price Dropped by $3.1M

8518 SW 189TH COURT RD Dunnellon, FL 34432

23,768 SqFt

UPDATED:

11/05/2024 12:43 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 23,768 sqft

Price per Sqft $248

Subdivision Rainbow Spgs Country Club Estates

MLS Listing ID OM688678

HOA Y/N No

Originating Board Stellar MLS

Year Built 1984

Annual Tax Amount $9,563

Lot Size 214.890 Acres

Acres 214.89

Property Description

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. A separate maintenance building and a cart barn, totaling approximately 3,000 square feet, are also included in the property. 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 or selling the maintenance barn and property separate,etc. which makes this property an exceptional find!

Location

State FL

County Marion

Community Rainbow Spgs Country Club Estates

Zoning R1

Interior

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Concrete, Tile, Vinyl

Exterior

Parking Features Over 30 Spaces

Utilities Available Electricity Available, Phone Available, Water Connected

Roof Type Metal

Building

Lot Description Neighbourhood, Wooded

Story 2

Foundation Slab

Lot Size Range 200 to less than 500

Sewer Septic Needed

Water Public

Structure Type Other

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by DUNNELLON REAL ESTATE LLC

Orlando Big Homes

Real Estate Specialist | License ID: sl3521568

+1(407) 988-2427

Orlando Big Homes

8518 SW 189TH COURT RD Dunnellon, FL 34432

Key Details

Location

Interior

Exterior

Building

Others

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8518 SW 189TH COURT RD