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$775,000 Just Listed
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Property Description
Discover the possibilities on 19.17 acres of A-1 agricultural land in Marion County, offering the space and infrastructure for an equestrian property, cattle operation, farm, multi-generational estate or investment opportunity. The property features a 3-bedroom, 2-bath primary residence, a separate 3-bedroom, 2-bath manufactured home, and a 12-stall center-aisle main barn with tack and feed rooms. An additional 2 horse stalls are located in the rear pasture, providing a total of 14 stalls across the property. Recent improvements include a 2024 roof and 2023 A/C on the main residence, plus a 2021 A/C on the manufactured home. The property is equipped with three separate electric meters, three septic systems and two wells, with the septic systems recently pumped. With two residences, 12 stalls in the main barn, 2 additional stalls in the rear pasture, established pastures and 19+ acres, this property offers tremendous potential as a working farm, equestrian estate, family compound or income-producing property.
Full Property Details
Full Property Details for 20540 SW 5th Pl
General
- Price: $775,000
- Taxes: $3,332 (2025)
- Status: Active
- Type: Farms/Ranches
- Source: MidFloridaRegionalMLS
- MLS ID: O6443936
- Updated: 9/25/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 3
- Interior Features: Walk-In Closet(s)
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Other, Storage
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 3
Location
- Area: 34431 - Dunnellon
- County: Marion
- Development Name: 34431 - Dunnellon
- Subdivision: FARM NON-SUB
- Driving Directions: Head southwest on FL-40 W for 1.0 mile, turn right onto SW 125th Ave for 0.6 mile, turn left onto W Hwy 328 for 6.9 miles, turn left onto US-41 S for 1.3 miles, then turn right onto SW 5th Pl and continue 1.4 miles to 20540 SW 5th Pl, Dunnellon, FL 34431, about 14 minutes and 11.2 miles.
- Direction Faces: North
Community
- Community Name: 34431 - Dunnellon
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Cement Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,334
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Horses
- Year Built: 1997
Manufactured Home
- Mobile Home Type: Double Wide
Additional Structures
- Other Structures: Additional Single Family Home, Barn(s), Shed(s)
Lot Features
- Lot Size (Acres): 19.17
- Lot Size (Sq. Ft.): 835,045
- Lot Size: 19.17
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,332.17
- Tax Year: 2025
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: 12
Listed by Pellego, Llc
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Schools
Schools serving 20540 SW 5th Pl
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Romeo Elementary School 19550 Southwest 36th Street, Dunnellon, FL 34431 | PK-5 | 2.2 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 8.9 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20540 SW 5th Pl
Date
Details
Price
Change
Source
9/25/2026
Listed
$775,000
181.82%
MLS
4/13/2015
Sold
$275,000
—
Public Record
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
Tax History for 20540 SW 5th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,634
-6%
$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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20540 SW 5th Pl
20540 SW 5th Place, Dunnellon, FL 34431 (MLS# O6443936) is a Farms/Ranches property with 3 bedrooms and 2 full bathrooms. 20540 SW 5th Place is currently listed for $775,000 and was received on September 25, 2026. Want to learn more about 20540 SW 5th Place? Do you have questions about finding other Farms/Ranches real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

