
$62,499
131 TerraceDunnellon, FL 34431
Listing updated: October 2, 2026 at 1:02 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Discover the possibilities with this approximately 2-acre parcel in Rainbow Lakes Estates! Comprised of two adjoining lots totaling approximately 86,800 square feet, this spacious property offers approximately 280 feet of paved road frontage on SE 131st Terrace. The level, wooded setting provides plenty of room to create your Florida retreat while still enjoying the quiet, rural feel the area is known for. Manufactured homes are permitted per available property information, with well and septic required and power available in the area. No HOA. Conveniently located near Dunnellon with access to outdoor recreation, lakes, parks and the natural beauty of North Central Florida. Whether you’re looking for a future homesite, additional space or land to hold for the future, this is an opportunity to own approximately two acres in Rainbow Lakes Estates. Buyer to verify zoning, permitted uses, utilities, lot dimensions and development requirements with Levy County.
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 history0 days on market
- Status: ActiveOct 1, 2026
- Listed$62,499Oct 1, 2026
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Rainbow Lake Estates
- County
- Levy
- Price/sq ft
- $1
- Lot size
- 86,800 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- x
- Annual taxes
- $543 (2025)
- Parcel #
- 0683602300
- Zoning
- RR-3C
- MLS #
- OM733284
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HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electricity Available
Listing Details
- Listing date
- 2026-10-01
- On market date
- 2026-10-01
- Original list price
- $62,499
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-10-01
- Tax legal description
- 24-15-17 RAINBOW LAKES EST BLK 12 LOTS 8 & 9 OR BOOK 1864 PAGE 183
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 US Hwy 41, turn west onto CR 337. Turn right onto SE 114th Place. Continue approximately 0.7 mile, then turn left onto SE 131st Terrace. Property will be on the left. GPS: 29.1669, -82.5495 Sign on Property
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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 October 2, 2026 at 1:02 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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