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

Calling All Visionaries, Dreamers & Old-Home Lovers… This classic 1967 home is ready for its revival. If you’ve been searching for a property with character, soul, and the opportunity to make it completely your own, this is it. The living room has already been taken down to its roots, revealing the original terrazzo floors just waiting to be restored to their mid-century glory. Imagine polishing them back to life and showcasing that timeless Florida charm once again. The dining room and bedrooms feature laminate flooring, giving you the choice: continue the updated look throughout, or peel back the layers and bring back the original flair of this vintage gem. This is a home that invites creativity, sweat equity, and vision. Outside, the possibilities expand even further. Situated on an incredible . 68-acre parcel in the heart of Dunnellon, the property offers room to breathe — and room to build your dreams. The backyard features a gazebo with a hot tub and porch swing, creating a space that could become your own private retreat with a little TLC. A large Quonset Hut plus an additional storage shed provides space for projects, hobbies, equipment, or a simple room to escape. And then there’s the location — and this is where it truly shines. Just a few blocks from Dunnellon’s historic downtown district, close to local shops and restaurants, and to Dunnellon Christian Academy and Dunnellon Middle School. Spend your weekends exploring the Rainbow River or the Withlacoochee River — both just minutes away. And when you need to venture out, you’re only about 20 minutes from Ocala, Crystal River, and Inverness. This is not a turnkey home, but it is a great opportunity to start fresh and revive a classic home with tons of potential.

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: 16 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 3/2/2026 11:47:54 PM)
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE   Phone: 352-369-4044

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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20934 THIRD AVENUE, Dunnellon, FL, 34431

$275,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $220,000 $220,000 $220,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.149% 6.144% 5.522%
Monthly Tax Payment $127 $127 $127
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,232 $1,318 $1,769
Total Monthly Payment $1,434 $1,520 $1,971

* 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.