0000 SW SOUTH WATER COURT, DUNNELLON, FL, 34431
Active16 days on marketListed Sep 30, 2026MLS #OM733141
About this home
0000 SW SOUTH WATER COURT
RAINBOW LAKES ESTATES 1/4 ACRE BUILDING LOT! Build your Florida dream home in the peaceful countryside of Dunnellon! This beautiful undeveloped homesite offers the opportunity to create a home that fits your lifestyle, with the freedom and space of country living while remaining conveniently close to everyday amenities. Located on a paved road in an area experiencing new construction and continued growth, this property offers an excellent setting for a new home or future investment. Enjoy the quiet surroundings and natural beauty of the Dunnellon area while still being within easy reach of shopping, dining, schools, outdoor recreation, and the conveniences of Ocala. The property is also ideally positioned for those who enjoy Florida's renowned equestrian lifestyle, with the World Equestrian Center (WEC) and Ocala's premier horse country within a convenient drive. Whether you're looking to build your primary residence, a peaceful weekend retreat, or secure a piece of land for the future, this property offers an appealing combination of country privacy, paved-road access, nearby new construction, and convenient access to Dunnellon and Ocala. Come enjoy the slower pace of country life without giving up the conveniences of town. Bring your plans, choose your builder, and create your own piece of North Central Florida.
Facts & features
The home at a glance
0.25 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.
$283 /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
$283/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
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
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 57% below the DUNNELLON 34431 median. See the full Dunnellon market guide →
Paper trail
This home's history
Reality check
What actually sold near 0000 SW SOUTH WATER COURT
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$229,900
24375 NW FOXGLOVE LANE · same community
3 bd · 2 ba · 1,394 sqft · $165/sqft · 159 DOM
Sold · Jul ’26$125,000
880 SW SHOREWOOD DRIVE
1 bd · 1 ba · 192 sqft · $651/sqft · 89 DOM
Sold · Mar ’26$199,995
5128 SW SOUTH WATER COURT
3 bd · 2 ba · 1,003 sqft · $199/sqft · 37 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
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 0000 SW SOUTH WATER COURT — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 0000 SW SOUTH WATER COURT — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
0000 SW SOUTH WATER COURT FAQs
What would the monthly payment be for 0000 SW SOUTH WATER COURT?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $283/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 0000 SW SOUTH WATER COURT?+
The most recent tax bill on record (2025) was $190. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Dunnellon?+
At $17,000, this home is listed about 94% below the Dunnellon median of $299,900. The market section on this page shows how the area is trending.
Which schools are assigned to 0000 SW SOUTH WATER COURT?+
Dunnellon Middle School (middle), Dunnellon Elementary School (elementary), Dunnellon High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of HARRIETT DOWNS REAL ESTATE LLC · Dale McCurdy. MLS #OM733141.
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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