$34,000
0000 128th Avenue
Dunnellon, FL 34431
Listing updated: May 21, 2026 at 10:14 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
An incredible opportunity to own a mostly cleared acre on the nature-filled side of Rainbow Lakes Estates. The previous owner once planned to build here, leaving you with the advantage of a clean slate while saving on the cost of land clearing. Partial fencing along the front helps outline the size of the property, giving a great sense of the space. Tucked along a quiet country road, this homesite sits in one of the more scenic and peaceful areas of an already promising Dunnellon community. If you're looking for the perfect place to build and enjoy the beauty of North Central Florida, this could be the one.
Local Insight
At $1 per square foot in Rainbow Lakes Estate, you're getting raw land in a flood-free zone (X designation), which is genuinely rare value in Florida—but the catch is that Dunnellon is a rural area about 90 minutes from major job centers, so this works best if you're building a weekend retreat, hobby farm, or banking on eventual development rather than looking for quick appreciation. The lack of HOA fees is a plus for flexibility, though you'll want to verify what utilities are available to the lot and whether septic/well systems are permitted, since those costs can quickly erode the savings from the low purchase price.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history70 days on market
- Status: ActiveMar 12, 2026
- Listed$35,000Mar 12, 2026
- Price reduced$34,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 70
- Subdivision
- Rainbow Lakes Estate
- County
- Levy
- Price/sq ft
- $1
- Lot size
- 43,560 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X
- Annual taxes
- $275 (2025)
- Parcel #
- 06923-030-00
- Zoning
- RR-3C
- MLS #
- OM720503
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Gravel, Paved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electrical Nearby, Electricity Available
Listing Details
- Listing date
- 2026-03-10
- On market date
- 2026-03-12
- Original list price
- $35,000
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Orlando Regional
- Status changed
- 2026-03-12
- Tax legal description
- 14-15-17 RAINBOW LAKES EST BLK 48 LOT 37 OR BOOK 1553 PAGE 157
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 SE Rd 337, turn on to SE 114 Pl, make a left onto SE 128th avenue
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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 May 21, 2026 at 10:14 AM 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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