|
20707 Park Avenue isn’t just a property — it’s a place where stories have been written, businesses have grown, and relationships have flourished. Now, it’s ready for someone new to step in and create the next chapter. Whether you envision restoring it as a charming residence, reopening it as a salon, transforming it into a boutique office, or launching a new small business venture, this historic downtown gem offers the character, location, and flexibility to bring your vision to life. Major improvements provide peace of mind: all plumbing, electrical, and insulation were updated in 2004, the HVAC system was replaced in 2021, and the roof was replaced in 2018. Over the years, the owner has added LVP flooring, freshly painted interior spaces, and upgraded select bathroom features — while preserving one truly special detail: the original 1927 clawfoot tub, full of vintage charm. Additional highlights include a cozy wood-burning fireplace, currently outfitted with an electric insert for effortless ambiance and convenience. One of the most valuable features? Ample parking — a rare and highly sought-after asset in downtown Dunnellon. The large barn out back adds even more versatility, offering exceptional storage, workspace potential, or room for expansion within city limits. This well-loved building has served the community for many years as a successful salon, and its flexibility makes it ideal for both residential and commercial possibilities. Located in Downtown Dunnellon’s historic district, you’re part of a community rich in heritage and hometown pride. The downtown area is known for its small-town, artsy vibe and beloved annual events like the Boomtown Days, celebrating the town’s phosphate mining roots and close-knit spirit. Dunnellon’s claim to fame — the crystal-clear Rainbow River — is just minutes away, along with easy access to Crystal River, Cedar Key, Ocala, and Inverness. And while you enjoy the charm of small-town living, you’re still approximately less than 1 hour from Gainesville and 1. 5 hours from the Tampa/St. Pete airports, theme parks, and some of Florida’s most beautiful Gulf beaches — giving you the perfect balance of history, convenience, and accessibility.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $199,920 | $199,920 | $199,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $172 | $172 | $172 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,197 | $1,247 | $1,632 |
| Total Monthly Payment | $1,444 | $1,494 | $1,879 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.