8518 Sw 189th Court Rd, FL

$4,900,000

8518 Sw 189th Court Rd

Dunnellon, FL 34432

Active
0
Baths
214.89
Acres
1984
Built
214.89 acres$206/sqft360° tour
🏠Mixed Use

Property type

🏗️1984

Year built

📐9,360,608 sqft

Lot size

📊$206

Price / sq ft

🏘️No HOA

HOA dues

📅494

Days on market

🌊X

Flood zone

About this home

!!! 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.

Estimated monthly payment

Principal & interest$24,777
Property taxes$797
Home insurance (est.)$2,246

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 history494 days on market

  1. Status: Active
    May 1, 2025
  2. Listed$8,999,000
    Oct 30, 2024
  3. Price reduced$4,900,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
494
Subdivision
Rainbow Spgs Country Club Estates
County
Marion
Year built
1984
Price/sq ft
$206
Building area
23,768 sq ft (Public Records)
Lot size
9,360,608 sq ft
Lot category
200 to less than 500
Flood zone
X
Annual taxes
$9,564 (2023)
Parcel #
3296-000-001
Zoning
R1
MLS #
OM688678

Interior Details

Flooring
Carpet, Concrete, Tile, Vinyl
Direction faces
North

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Over 30 Spaces

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Partnership

Exterior & Construction

Construction materials
Other
Roof
Metal
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Septic Needed
Water source
Public
Utilities
Electricity Available, Phone Available, Water Connected

Listing Details

Listing date
2024-10-30
On market date
2024-10-30
Original list price
$8,999,000
Occupant type
Tenant
MLS area
34432 - Dunnellon
Listing AOR
Ocala - Marion
Status changed
2025-05-01
Tax legal description
SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GO

Flood risk

Minimal riskFEMA Zone X

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

From Dunnellon: North on US 41 to east on SW 83rd Pl Road to Clubhouse on right.

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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 17, 2026 at 1:01 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