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$225,000
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Property Description
Nestled among beautiful mature pine trees on a 1-acre lot in Rainbow Springs Woodlands, this 2-bedroom, 2-bath home offers 1,425 square feet of living space. Enjoy the peaceful setting from the covered patio, where a shady breeze creates the perfect place to relax. Currently used as a short-term rental, this home offers flexibility as a primary residence, seasonal retreat, or investment property. The existing office provides an opportunity for a potential third bedroom. Buyers may also choose to reconfigure the kitchen and living area to create a more open layout. Rainbow Springs Woodlands residents enjoy access to the community's private Rainbow River park, swimming pool, pickleball courts, clubhouse, and a variety of community activities. If you're looking for an affordable home on a full acre with the opportunity to make it your own while enjoying these sought-after amenities, this property is ready for your personal touch.
Full Property Details
Full Property Details for 20790 SW 88th Place Rd
General
- Sold For: $225,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $3,776 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM728747
- Added to Site: 114 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 6
- Interior Features: Living Room/Dining Room Combo, Skylight(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Laminate, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Additional Information
- Shared Amenities: Basketball Court, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s), Trail(s)
Exterior
- Exterior Features: Fire Pit, French Doors, Private Mailbox
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, Open
Location
- Area: 34431 - Dunnellon
- County: Marion
- Development Name: 34431 - Dunnellon
- Subdivision: RAINBOW SPGS 01 REP
- Driving Directions: From Hwy 40, head west to US Hwy 41. Turn left (south) onto US Hwy 41, then turn right onto SW 88th Place Road. Continue on SW 88th Place Road to 20790 SW 88th Place Road, which will be on your left.
- Direction Faces: North
School Information
- Elementary School: Dunnellon Elementary School
- Middle School: Dunnellon Middle School
- High School: Dunnellon High School
Community
- Community Name: 34431 - Dunnellon
- Community Features: River, Water Access, Deed Restrictions, Golf Carts OK, Pool, Restaurant, Tennis Court(s)
- Optional Amenities: Basketball Court, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s), Trail
- Association: Yes
- Assoc. Name: Amy Martin
- Assoc. Fees Include: Community Pool, Pool Maintenance, Recreational Facilities, Security
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water District: RAINBOW RIVER
- Water: Well
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Architectural Info: Florida
- Architectural Style: Florida
- Exterior Const.: Stucco
- Roof: Shingle
- Windows: Drapes
- Stories/Levels: One
- Square Feet: 1,425
- Sq. Ft. Source: Public Records
- Living Area: 1,425 Sq. Ft.
- Year Built: 1978
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609
- Lot Size: 1.07
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Access: Yes
- Water Access Desc: River
- Water Front Name: RAINBOW RIVER
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $3,776
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 14 TWP 16 RGE 18 PLAT BOOK R PAGE 041 RAINBOW SPRINGS 1ST REPLAT BLK 73 LOT 29
- Flood Zone Info: X
- APN: 3292073029
- Property ID: 3292073029
- Block/Lot/Section: 73
Listed by Real Broker, Llc
Sold by Globalwide Realty Llc
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Schools
Schools serving 20790 SW 88th Place Rd
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 3.1 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 2.8 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 3.2 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 20790 SW 88th Place Rd
Date
Details
Price
Change
Source
10/14/2026
Sold
$225,000
-9.82%
MLS
8/06/2026
Price Reduced
$249,500
-0.2%
MLS
7/22/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20790 SW 88th Place Road, Dunnellon, FL 34431 (MLS# OM728747) is a Single Family property that was sold at $225,000 on October 14, 2026. Want to learn more about 20790 SW 88th Place Road? 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.
