Hwy 40, FLHwy 40, FLHwy 40, FL
Stellar MLS
1 / 8

$6,550,000

Hwy 40

Dunnellon, FL 34430

Listing updated: March 2, 2026 at 3:36 PM ET

Active
Stellar MLSListing courtesy of Town & Country Real Estate · Frank Vaughn · MLS #P4930255 · Active · 863-293-1141
0
Baths
655
Acres
Water view655 acres$0/sqft360° tour
Land

Property type

28,531,800 sqft

Lot size

$0

Price / sq ft

No HOA

HOA dues

666

Days on market

X

Flood zone

About this home

655 ACRES FOR SALE IN MARION COUNTY......1+ mile along the Withlacoochee River and 2+ miles of paved frontage on Hwy. 40. Land is high and dry and the whole site has been replanted in pine trees. Zoning is currently 1 per 10 acres. Public Utilities are located to the East along Dunnellon city limits. Small creek runs through the site to the river. Available tp be seem conveniently for any Buyers interested. Owner/Family not interested in selling small parcels to multiple buyers, might consider 2 large tracts. Site made up of multiple parcels as shown in photo attachment. Several families in ownership therefore allow ample time for any contract offers to be reviewed.

Local Insight

This 655-acre parcel on Highway 40 is essentially raw commercial or development land with significant upside potential, but you're paying $6.55M for largely undeveloped acreage in a rural market, so the real value hinges entirely on zoning, utilities, and whether you have a specific development or conservation plan in mind. The water view and X flood zone designation suggest there's frontage or wetland features that could either be an asset (if you're looking for waterfront) or a constraint (if you're planning traditional development), so you'll want environmental and permitting due diligence done before committing. Highway 40 access is a major plus for commercial viability, but with zero improvements and no clear current use, this is a speculative or institutional play, not a turnkey investment.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$33,120
Property taxes$38
Home insurance (est.)$3,002

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history666 days on market

  1. Status: Active
    Mar 2, 2026
  2. Listed$6,550,000
    Apr 30, 2024
  3. Price increased$6,550,000

Facts & features

Property type
Land
Status
Active
Days on market
666
County
Marion
Price/sq ft
$0
Lot size
28,531,800 sq ft
Lot category
500+ Acres
Flood zone
X (12083C0642D)
Annual taxes
$461 (2023)
Parcel #
33700-001-00
Zoning
A1
MLS #
P4930255

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Water view
Yes
Road surface
Asphalt

Utilities

Sewer
None
Water source
None
Utilities
Other

Listing Details

Listing date
2024-04-30
On market date
2024-04-30
Original list price
$6,550,000
MLS area
34430 - Dunnellon
Listing AOR
East Polk
Status changed
2026-03-02
Tax legal description
SEC 29 TWP 16 RGE 18 SW 1/4 LYING S OF SR 40 & NW 1/4 LYING S OF SR 40 & NW 1/4 OF SE 1/4 LYING S OF SR 40

Flood risk

Minimal riskFEMA Zone XPanel 12083C0642D

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Proceed Westerly out of Dunnellon Florida on Hwy. 40. Signs on the property on the South side of road. Begins before the intersection of Hwy 40 and 336 and continues along Hwy 40.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of March 2, 2026 at 3:36 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA