CENTURY 21 Edge
Pending
$224,9005 bd2.5 ba1,831 sqft$123 /sqft$1,769 /mo all-in ↓

23162 SW NEPTUNE BOULEVARD, DUNNELLON, FL, 34431

Pending39 days on marketListed Jul 2, 2026MLS #TB8524362

Single Family ResidenceRAINBOW LAKE ESTATES

About this home

23162 SW NEPTUNE BOULEVARD

Rare opportunity to own a unique property on nearly 2 acres in Rainbow Lakes Estates! This spacious home offers approximately 1,831 square feet with a versatile layout featuring a 2-bedroom, 2-bath main living area plus a separate 3-bedroom, 1-bath wing/In-law suite—ideal for extended family, multi-generational living, guests, a home office setup, or other flexible living arrangements. The property also includes a new central HVAC system, new roof and the home sits on a buildable double lot, offering outstanding future potential for expansion, investment, or additional development (buyer to verify). While the interior is ready for your personal updates, the combination of acreage, flexible floor plan, and future possibilities makes this property unlike anything else in the area. With nearly 2 acres of land, room for all your toys, and convenient access to Rainbow Springs, the Rainbow River, shopping, and outdoor recreation, this is an exceptional opportunity to create your own private retreat. Properties offering this much space, flexibility, and future potential rarely become available at this price point. May qualify for No money down USDA financing!! Kitchen appliances to be installed before closing. Schedule your tour today!

Facts & features

The home at a glance

5

Bedrooms

2.5

Bathrooms

1,831

Sqft

1.98 ac

Lot size

1967

Year built

One

Levels

$123

Per sqft

Inside

FlooringCarpet · Ceramic Tile · Laminate
AppliancesNone
InteriorOther
LaundryInside
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofShingle
ConstructionBlock · Concrete · Stucco
FoundationSlab
FacesNorth
ExteriorOther

Community & fees

Taxes (2025)$2,227/yr

Utilities & systems

UtilitiesElectricity Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,769 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,324
FHA mortgage insurance (est.)$99
Property tax — 2025 actual bill$186
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $7,872Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $7,872
Interest rate6.00%
Loan term

Estimated payment

$1,769/mo

Principal & interest$1,324
FHA mortgage insurance (est.)$99
Property taxes (actual bill)$186
Est. insurance$160

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

Map of 23162 SW NEPTUNE BOULEVARD

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

Seller’s marketLeans seller3.7 months of inventoryBuyer’s 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 492% above the DUNNELLON 34431 median. See the full Dunnellon market guide →

Paper trail

This home's history

Jul 2, 2026Listed at $224,900 · 39 days on market since
1967Built · RAINBOW LAKE ESTATES

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.

Kamilla Pagotto

Your agent

Kamilla Pagotto

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 23162 SW NEPTUNE BOULEVARD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 23162 SW NEPTUNE BOULEVARD — before you fall in love.

See it in person

Schedule a tour

Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

23162 SW NEPTUNE BOULEVARD FAQs

What would the monthly payment be for 23162 SW NEPTUNE BOULEVARD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,769/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 23162 SW NEPTUNE BOULEVARD?+

The most recent tax bill on record (2025) was $2,227. 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 $224,900, this home is listed about 25% below the Dunnellon median of $299,900. The market section on this page shows how the area is trending.

Listing courtesy of KELLER WILLIAMS SUBURBAN TAMPA · Frank Smith. MLS #TB8524362.

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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