Price Reduced 10.01%
Price History
$999,000
8/21/2025
$949,000
9/2/2025
$899,000
12/2/2025
20530 SW 5TH PLACE, Dunnellon, FL, 34431
7 rooms
3 beds
2 Full baths
1997
1,302 sqft
19.17 Acres – Two Homes, Barn, No HOA! Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs. Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests. The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition. Property Highlights: Two Homes: • Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022) • Second Home – 3BR/2BA mobile home (2015) 1080 Sq ft 12-Stall Barn with efficient layout No HOA & agricultural zoning Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals Roof on Main House is 2024, HVAC 2022 Established pastureland for horses or livestock Some photos and video are from three years ago (property was off the market due to health reasons). This is a rare chance to own a versatile, income-generating farm in a sought-after location.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Other
Subdivision:
FARM NON-SUB
Garage:
2-car
Heating:
Central
Cooling:
Central Air
Levels:
1
Acreage:
19.17
Est. Taxes:
$2,795
Construction
Wood Frame
Utilities
BB/HS Internet Available
Lot Description:
Farm, Zoned for Horses
Elementary School:
Romeo Elementary School
Middle School:
Dunnellon Middle School
High School:
Dunnellon High School
Days on Market:
105
Appliances:
Dishwasher, Range, Refrigerator
Min Lease Term:
No Minimum
MLS #:
OM705658
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of PEGASUS REALTY & ASSOC INC 352-629-4505