
00 SW 196TH AVENUE, DUNNELLON, FL, 34431
Active2 days on marketListed Aug 17, 2026MLS #TB8538979
About this home
00 SW 196TH AVENUE
1.91 Acres of Untapped Potential in Rainbow Lakes Estates! Discover the possibilities with this expansive **double lot at 00 SW 196th Ave in Dunnellon, Florida**. Offering approximately **1.91 acres**, this property provides a blank canvas to build your future home, create a private Florida retreat, or hold as an investment for the future. Enjoy the **freedom of NO HOA** and the added benefit of being located in a **NON-FLOOD-ZONE**. With nearly two acres, you'll have plenty of space to bring your vision to life. Outdoor enthusiasts will appreciate the property's proximity to the renowned **Rainbow and Withlacoochee Rivers**, offering opportunities for boating, fishing, kayaking, and enjoying Florida's natural beauty. Explore nearby **Goethe State Forest** for hiking and horseback riding, or take a drive toward Florida's Gulf Coast for even more outdoor adventures. Shopping and dining are conveniently available in nearby **Dunnellon**. **Two lots being sold together — approximately 1.91 acres total.** Whether you're ready to build or looking to own a substantial piece of Florida land, this property offers space, flexibility, and plenty of potential. Bring your plans and imagine the possibilities! *Buyer and buyer's agent to verify zoning, building requirements, utilities, access, lot dimensions, flood zone designation, and any restrictions with the appropriate county and governmental authorities.* Vacant land rarely has an address or lot number posted. There have been occasions when a buyer has closed on a property and determined, after the closing, that the property conveyed to the buyer was not the property the buyer had visually identified prior to signing the contract. It is the buyer’s responsibility to confirm the legal description of the property the buyer wants to purchase prior to the end of the contract Property Inspection Period. The best way to accomplish this is for the buyer to obtain a survey that depicts a physical immovable object on the property or adjacent to the property that irrefutably confirms the property identified in the survey is the property the buyer wants to purchase. Call for more information.
Facts & features
The home at a glance
1.91 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$712 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$712/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Dunnellon
Get to know Dunnellon. See the full Dunnellon guide →
DUNNELLON 34431 — neighborhood snapshot
Population
8,663
Median age
55.4
Median income
$51,542
Median home value
$185,200
Avg household
2.2
Households w/ children
570
The numbers that matter
The Dunnellon market
$265K → $280K
Dunnellon median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
Median sold price, Dunnellon, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 112% above the DUNNELLON 34431 median. See the full Dunnellon market guide →
Paper trail
This home's history
Reality check
What actually sold near 00 SW 196TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$265,000
5092 SW 197TH TERRACE · same community
3 bd · 2 ba · 1,553 sqft · $171/sqft · 248 DOM
Sold · Jun ’26$285,000
19873 SW 59TH LANE · same community
3 bd · 2 ba · 1,569 sqft · $182/sqft · 35 DOM
Sold · Aug ’26$216,000
5200 SW 199TH COURT
2 bd · 2 ba · 1,092 sqft · $198/sqft · 5 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jennifer Reinbolt
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 00 SW 196TH AVENUE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 00 SW 196TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Jennifer's phone and CRM.
Straight answers
00 SW 196TH AVENUE FAQs
What would the monthly payment be for 00 SW 196TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $712/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 00 SW 196TH AVENUE?+
The most recent tax bill on record (2025) was $705. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 00 SW 196TH AVENUE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Dunnellon?+
At $78,000, this home is listed about 74% below the Dunnellon median of $305,000. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of FUTURE HOME REALTY INC · Mileddy Albo. MLS #TB8538979.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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