This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$29,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
0.40-acre wooded double lot zoned GNC (General Commercial District), located on County Road 488 (W Dunnellon Rd) in Citrus County's Rainbow Estates Unit 1 subdivision. Offering approximately 100 feet of road frontage and 175 feet of depth, this property presents an excellent opportunity for a variety of commercial uses, subject to county approval. Located along County Road 488 (W Dunnellon Rd), a well-traveled route connecting Dunnellon, Crystal River, and Florida's Nature Coast, the property benefits from steady daytime visibility and convenient regional access. Rainbow River and Rainbow Springs State Park are less than 30 minutes away. Ocala and the World Equestrian Center are approximately 40 to 45 minutes away, while Crystal River and the Nature Coast can be reached in about 30 minutes or less. Electric service is available nearby. Buyers should verify utility availability, as well as any requirements for well, septic, zoning, and development approvals. Whether for owner-user occupancy or investment, this property offers commercial potential in a growing area of Citrus County. There is a possibility of a future zoning change to CL (Low Intensity Coastal and Lakes District). Buyers are advised to independently verify any potential zoning changes, permitted uses, and development requirements with Citrus County. The seller has a recent certified border survey by Azimuth Survey Co. that shows the property is not in a flood zone and the property has markers in place along with their location.
Full Property Details
Full Property Details for 7481 W Dunnellon Rd
General
- Price: $29,000
- Taxes: $225 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM729939
- Updated: Today (8/7/2026)
- Added to Site: Today
Location
- Area: 34433 - Dunnellon/Citrus Springs
- County: Citrus
- Development Name: 34433 - Dunnellon/Citrus Springs
- Subdivision: RAINBOW ESTATES UNIT 1
- Driving Directions: From downtown Dunnellon, head south on US-41 and turn right (west) onto W Dunnellon Rd (CR 488). Continue west for approximately 7-8 miles to 7481 W Dunnellon Rd. The property is located on the north side of CR 488, approximately 300 feet east of W Citruswood Dr. Look for the sign. If you reach CR 495, you have passed the property and should turn around.
- Direction Faces: Southeast
Community
- Community Name: 34433 - Dunnellon/Citrus Springs
Utilities
- Sewer: None, Septic Needed
- Water: None, Well Required
- Utility Description: Electrical Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,500
- Lot Size: 17500
- Lot Dimensions: 100 x 175
- Frontage: Street Paved, County Road
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Price Per Acre: $72,500
- Tax Amount: $225.64
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RAINBOW ESTS UNIT 1 PB 3 PG 32 LOTS 14 & 15 BLK A DESC INOR BK 832 PG 1100 SC-TW-RG 11-17S-17E
- Flood Zone Info: X
- APN: 1022746
- Property ID: 1022746
- Block/Lot/Section: A
Listed by Coldwell Banker Riverland Rlty
Get Pre-Approved Today
Schools
Schools serving 7481 W Dunnellon Rd
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Springs Elementary School 3570 West Century Boulevard, Citrus Springs, FL 34433 | PK-5 | 4.6 mi |
Crystal River High School 3195 Crystal River High Drive, Crystal River, FL 34428 | 8-12 | 7.4 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 18 mi |
Crystal River Middle School 344 Northeast Crystal Street, Crystal River, FL 34428 | 6-8 | 7.9 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 7481 W Dunnellon Rd
Date
Details
Price
Change
Source
8/07/2026
Listed
$29,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7481 W Dunnellon Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$183
23%
$13,440
7%
2024
$149
24%
$12,600
50%
2023
$120
19%
$8,400
25%
2022
$101
1%
$6,720
—
2021
$100
-35%
$6,720
-33%
2019
$153
-1%
$10,080
—
2018
$155
-2%
$10,080
—
2017
$158
-4%
$10,080
—
2016
$164
-3%
$10,080
—
2015
$169
1%
$10,080
1%
2014
$167
11%
$9,996
17%
2013
$151
—
$8,568
—
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 7481 W Dunnellon Rd
7481 W Dunnellon Road, Dunnellon, FL 34433 (MLS# OM729939) is a Lots/Land property with a lot size of 0.4 acres. 7481 W Dunnellon Road is currently listed for $29,000 and was received on August 07, 2026. Want to learn more about 7481 W Dunnellon Road? Do you have questions about finding other Lots/Land real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

