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Residential Land for Sale in Dunnellon, Florida

SW Shorewood Dr, Dunnellon, FL 34431

$50,000
0.31 acres
Active
Est $373/mo

Lakefront property on Bonable Lake in Rainbow Lakes Estates. Two adjoining wooded lots (Lots 476 and 477) totaling approximately 0.31 acres with about 70 feet of lake frontage. Located on paved SW Sherwood Drive with nearby electric service. Well and septic required. Zoned R-1 for single-family homes.

Rainbow Lakes Estates offers parks, playgrounds, tennis courts, fishing, and a community boat ramp. A voluntary Property Owners Association is available, with optional membership. Buyer should confirm the current fee directly with the association.

Property is subject to existing liens, including an IRS lien and county assessments. These are expected to be resolved or satisfied at closing. Buyers should complete normal due diligence to confirm association matters, county road assessments, and recorded encumbrances.

Location

Street address
SW Shorewood Dr, Lot 476 & 477
Community
Rainbow Lakes Estate
Elevation
71 feet
Coordinates
29.1344, -82.5207

Directions

US-41 S, Turn right onto SW Rainbow Lakes Blvd 4.4 mi Turn left onto SW Deepwater Ct 0.2 mi Turn right onto SW Shorewood Dr

Destination will be on the right 0.4 mi 476 SW Shorewood Dr, Dunnellon, FL 34431

Property details

Lot size
0.31 acres13,504 sq ft
Zoning
R1
MLS #
MFRMLS TB8431589
Posted

Property taxes

2024
$315

Expenses

Home Owner Assessments Fee
$5 monthly

Parcels

  • 1813-002-476

Legal description

Nearby schools

NameLevelDistrictDescription
Romeo Elementary SchoolElementary
Lake Weir Middle SchoolMiddle
Dunnellon High SchoolHigh

Listing history

DateEventPriceChangeSource
Sept 26, 2025New listing$50,000MFRMLS
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This 0.31-acre property is located at SW Shorewood Dr Lot 476 & 477 in Dunnellon, FL 34431. The property is available for sale for $50,000.

Checked 41 mins ago — Updated

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