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$889,000 -$10,000 (-1.11%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,302 Sq. Ft.
  • Updated 3 days ago
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20530 SW 5th Place, Dunnellon, FLVideo Tour of 20530 SW 5th Place, Dunnellon, FL.
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.

Full Property Details for 20530 SW 5th Pl

General

  • Price: $889,000
  • Taxes: $2,794 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM705658
  • Updated: 2/2/2026
  • Added to Site: 168 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 7
  • Interior Features: Ceiling Fan(s)
  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Other

Exterior

  • Exterior Features: French Doors
  • Deck/Patio: Front Porch
  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34431 - Dunnellon
  • County: Marion
  • Development Name: 34431 - Dunnellon
  • Subdivision: FARM NON-SUB
  • Driving Directions: US HWY 41. Go West on SW 5th Place. Property will be on the left across from Church.
  • Direction Faces: North

School Information

  • Elementary School: Romeo Elementary School
  • Middle School: Dunnellon Middle School
  • High School: Dunnellon High School

Community

  • Community Name: 34431 - Dunnellon

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: BB/HS Internet Available

Structural Information

  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,302
  • Sq. Ft. Source: Public Records
  • Year Built: 1997

Manufactured Home

  • Mobile Home Type: Double Wide

Additional Structures

  • Other Structures: Additional Single Family Home, Barn(s)

Lot Features

  • Lot Size (Acres): 19.17
  • Lot Size (Sq. Ft.): 835,045
  • Lot Size: 19.17
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt
  • Fencing (Description): Board, Cross Fenced, Fenced, Wire, Wood

Financial Considerations

  • Tax Amount: $2,794.86
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 14 TWP 15 RGE 18 COM NW COR OF S 1/2 OF NW 1/4 TH S 89-51-31 E 1992.46 FT TO POB TH S 89-51-31 E 645.55 FT TH S 00-05-25 W 1323.61 FT TH N 89-51-22 W 645.66 FT TH N 00-05-25 E 1323.58 FT TO POB EXC N 30 FT FOR RD ROW
  • Flood Zone Info: x
  • APN: 1730600400
  • Property ID: 1730600400
  • Block/Lot/Section: 17306

Listed by Pegasus Realty & Assoc Inc

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Listing agents

— 20530 SW 5th Pl —

  • Pegasus Realty & Assoc Inc

  • Pegasus Realty & Assoc Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 20530 SW 5th Pl

School District:Marion County School District
NameGradesDistance
Romeo Elementary School
19550 Southwest 36th Street, Dunnellon, FL 34431
PK-52.2 mi
Dunnellon Middle School
21005 Chestnut Street, Dunnellon, FL 34431
6-88.9 mi
Dunnellon High School
10055 Southwest 180th Avenue Road, Dunnellon, FL 34432
9-127.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20530 SW 5th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$889,000
-1.11%
MLS
12/02/2025
Price Reduced
$899,000
-5.27%
MLS
9/02/2025
Price Reduced
$949,000
-5.01%
MLS
8/21/2025
Listed
$999,000
263.27%
MLS
4/13/2015
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 20530 SW 5th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,229
16%
$182,097
2%
2024
$2,795
2%
$178,600
3%
2023
$2,749
4%
$173,729
4%
2022
$2,634
-1%
$166,398
2%
2021
$2,652
—
$162,941
1%
2021
$2,652
—
$162,088
1%
2019
$2,643
7%
$159,900
3%
2018
$2,473
1%
$155,265
1%
2017
$2,456
1%
$153,546
1%
2016
$2,434
122%
$151,893
75%
2015
$1,097
2%
$86,620
-2%
2014
$1,076
-2%
$88,685
-2%
2013
$1,097
—
$90,457
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Pegasus Realty & Assoc Inc

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20530 SW 5th Place, Dunnellon, FL 34431 (MLS# OM705658) is a Single Family property with 3 bedrooms and 2 full bathrooms. 20530 SW 5th Place is currently listed for $889,000 and was received on August 21, 2025. Want to learn more about 20530 SW 5th Place? Do you have questions about finding other Single Family real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

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