8518 Southwest 189th Court Road

Dunnellon, FL 34432

$5,900,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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. A separate maintenance building and a cart barn, totaling approximately 3,000 square feet, are also included in the property. 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 or selling the maintenance barn and property separate,etc. which makes this property an exceptional find!
  1. Listed by Christopher Hodges • DUNNELLON REAL ESTATE LLC

Property Details for 8518 Southwest 189th Court Road

Subdivision Name
RAINBOW SPGS COUNTRY CLUB ESTATES
Township
16S
Waterfront
No
LISTING UPDATED: 11/04/2024 03:42 PM

Property Details for 8518 Southwest 189th Court Road

StatusActive
MLS #OM688678
Days on Market93
Taxes$9,564 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1984
Lot Size214.89 AC / 9,360,608 SF
CountyMarion County

Building Information for 8518 Southwest 189th Court Road

Stories2Residences-Year Built1984Lot Size214.89 AC / 9,360,608 SF

Property Information for 8518 Southwest 189th Court Road

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 23768.0
  • Building Area Units: Square Feet
  • Direction Faces: North
  • Directions: From Dunnellon: North on US 41 to east on SW 83rd Pl Road to Clubhouse on right.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: Easement
  • Unit Number: No
  • Street Number: 8518
  • Street Name: SW 189TH COURT RD
  • State: FL
  • City: DUNNELLON
Parking
  • Parking Features: Over 30 Spaces
Taxes and HOA Information
  • Tax Block: H
  • Tax Book Number: 106
  • 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
  • Tax Lot: 2
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Neighbourhood, Wooded
  • Parcel Number: 3296-000-001
  • Total Acreage: 200 to less than 500
  • Total Num Buildings: 4
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
Property and Assessments
  • Year Built Numeric: 1984
  • Adjoining Property: Multi-Family, Residential
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 18
  • Public Survey Section: 12
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Available, Phone Available, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Foundation Details: Slab
  • Other Structures: Maintenance, Storage, Workshop
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Security Features: Fire Sprinkler System, Security Lights
  • Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Cooling: Central Air
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • Heating: Central, Electric
  • Living Area Units: Square Feet
  • Water View: No

Property History for 8518 Southwest 189th Court Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8518 Southwest 189th Court Road

Taxable ValueLand$243,070Additions$80,930Total$324,000
Tax Record2023$9,962 ($830 / month)
Home Facts
Baths9.5Total Finished SqFt22,342 SqFtAbove Grade Finished SqFt22,342 SqFtStories2Lot Size9,360,608 SqFtStyleMiscellaneous CommercialYear Built1984Year Renovated2012ZoningR1CountyMARIONAPN3296-000-001

Schools near 8518 Southwest 189th Court Road

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Dunnellon Elementary School
PublicPK to 5

Dunnellon Middle School
Public6 to 8

Dunnellon High School
Public9 to 12

Ina A.Colen Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8518 Southwest 189th Court Road is a mixed use property for sale in Dunnellon, FL 34432. This property was listed for sale on October 30, 2024 by DUNNELLON REAL ESTATE LLC, it's currently listed at $5,900,000. It has been on the market for a total of 93 days and was last sold on July 30, 2018. This listing's school district is Marion. Nearby schools include Dunnellon Elementary School, Dunnellon Middle School and Dunnellon High School. 8518 Southwest 189th Court Road is a 0-bed, 0-bath, mixed use property built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DUNNELLON REAL ESTATE LLC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.