$4,900,000
8518 Sw 189th Court Rd
Dunnellon, FL 34432
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveMay 1, 2025
- Listed$8,999,000Oct 30, 2024
- 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-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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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.
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