20934 THIRD AVENUE, Dunnellon, FL, 34431 | $275,000

Calling All Visionaries, Dreamers & Old-Home Lovers! If you've been searching for an affordable classic full of character — a home that rewards creativity, sweat equity, and a bold vision — your search ends here. Inside, the living room, dining room, and bedrooms feature laminate flooring throughout. Four tankless water heaters and attic fans keep energy costs impressively low, and the big-ticket items are already done: roof replaced in 2016 and HVAC updated in 2022. Step outside and the possibilities expand even further. Set on a generous . 68-acre parcel in the heart of Dunnellon, there's genuine room to breathe — and room to build. The backyard is anchored by a gazebo complete with a hot tub and porch swing, the makings of a private retreat just waiting for a little TLC. A large Quonset hut, a covered carport, and an additional storage shed round out the property, offering serious space for projects, equipment, and the hobbyist who needs room to create. Then there's the location — and this is where it truly shines. Just blocks from Dunnellon's charming historic downtown, you're within easy reach of local shops, restaurants, Dunnellon Christian Academy, and Dunnellon Middle School. Spend your weekends on the Rainbow River or the Withlacoochee River, both just minutes away. And when you need to venture farther out, Ocala, Crystal River, and Inverness are all roughly 20 minutes from your front door. This is a rare opportunity to put your stamp on a classic home with tremendous potential — in a location that already has everything going for it.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 151 x 195
  • Laundry: In Garage
  • Year Built: 1967
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,572
  • Acreage: 0.68
  • Lot Size: 151 x 195
  • Est. Taxes: $1,526
  • Elem. School: Dunnellon Elementary School
  • Middle School: Dunnellon Middle School
  • High School: Dunnellon High School
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: OM718858
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /prop/OM718858/20934thirdavenue_dunnellon_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/1/2026 12:09:00 AM)

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Michelle and Robert Nead TeamLicensed Real Estate Salespersons

914.282.0618

Nead@Raveis.com

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

Our Executive Mortgage Banker:

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516.739.7731

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Our Insurance Division:

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20934 THIRD AVENUE, Dunnellon, FL, 34431

$275,000

Michelle and Robert Nead Team

Licensed Real Estate Salespersons

William Raveis Real Estate

Phone: 914.282.0618

Nead@Raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $220,000 $220,000 $220,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.313% 6.500% 5.710%
Monthly Tax Payment $127 $127 $127
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,301 $1,373 $1,796
Total Monthly Payment $1,503 $1,575 $1,998

* 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.