Listing provided courtesy of DUNNELLON REAL ESTATE LLCas Distributed by MLSGrid- MLS# MFROM688678MLS Provider

8518 SW 189TH COURT RDDUNNELLON, FL 34432

Commercial · 23,768 Sq. ft. | 214.89 Acres
$4,900,000 Active

8518 SW 189TH COURT RD Overview

Time on Site:
599 days
Visits:
0

!!! JUST REDUCED PRICE BY 1 MILLION DOLLARS!!! This unique opportunity allows for the purchase of a property featuring a clubhouse, maintenance facility, and an 18-hole golf course nestled within the desirable Rainbow Springs community. Although the golf course is currently closed, the property is actively managed, maintained, and mowed multiple times each year. Spanning approximately 215 acres, this land offers a wealth of potential for a savvy investor. The clubhouse underwent a multi-million dollar renovation in 2018, hosting a range of amenities including a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, a public restaurant on-site, a disc golf course, a half-court basketball area, bocce ball courts, and more. Upon entering the clubhouse, you will find around 25,000 square feet of space that houses various rooms for activities such as meetings, billiards, ping pong, fitness sessions, crafts, card games, and other pursuits. With over 180 parking spaces available, there is plenty of room for guests to enjoy the various offered activities.Additionally, the owner has a vacant lot featuring their own billboard along the busy US 41 for promotional purposes. This property boasts two deep-water wells with water permits valid until November 7, 2040, providing a substantial capacity of 192,500 gallons per day. Furthermore, the property enjoys around 4,500 feet of highway frontage on US 41. Its prime location is less than a mile away from Rainbow Springs State Park, which draws 350,000 visitors each year, and just two miles from the KP Hole County Park on the Rainbow River, which welcomed 100,000 visitors in 2023. The Rainbow Springs Campground is a mere 10-minute drive from the site. The seller is open to the idea of selling the property separately from the clubhouse.

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8518 SW 189TH COURT RD Facts & Features

  • Type Commercial
  • Sq. ft. 23,768
  • Price/Sq.ft. $206
  • Lot 214.89 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1984

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34432 - Dunnellon
  • Subdivision Name: RAINBOW SPGS COUNTRY CLUB ESTATES
  • Township: 16S

Tax Information

  • Tax Annual Amount: 9563.56
  • Tax Year: 2023

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Partnership
  • Parcel Number: 3296-000-001
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: R1

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 23768
  • Building Area Units: Square Feet

General Information

  • Building Features: Bathrooms,Kitchen Facility,Pool/Spa
  • Cooling: Central Air
  • Flooring: Carpet,Concrete,Tile,Vinyl
  • Foundation Details: Slab
  • Heating: Central,Electric
  • Living Area Units: Square Feet
  • Security Features: Fire Sprinkler System,Security Lights
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Over 30 Spaces

Lot Information

  • Additional Parcels: No
  • Lot Features: Neighbourhood,Wooded
  • Lot Size Acres: 214.89
  • Lot Size Square Feet: 9360608
  • Road Surface Type: Asphalt
  • Vegetation: Mature Landscaping,Oak Trees,Trees/Landscaped
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other
  • Direction Faces: North
  • Roof: Metal

General Information

  • Other Structures: Maintenance,Storage,Workshop
  • Road Frontage Type: Easement
  • Sewer: Septic Needed
  • Utilities: Electricity Available,Phone Available,Water Connected

8518 SW 189TH COURT RD Neighborhood

Community

34432 (DUNNELLON) Demographics

58
Median Age
117
Population Density (per sq. mile)
31%
College Educated
$43,798
Estimated Median Income
4,996
Estimated Total Home Owners
676
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8518 SW 189TH COURT RD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8518 SW 189TH COURT RD Market Data

Based on the last 30 days in this zip code

$419,759
Average List Price
$225
Average Price per Square Foot
49
Properties Sold
131
Average Days on Market
299
Properties for Sale
Calculations provided by Reliance Network

8518 SW 189TH COURT RD History

Date Event Value Agent
3/15/2026Source: My Florida Regional MLS Price Reduction
$4,900,000 -16.9%
5/1/2025Source: My Florida Regional MLS Status Change
Active
4/22/2025Source: My Florida Regional MLS Status Change
Pending
11/4/2024Source: My Florida Regional MLS Price Reduction
$5,900,000 -34.4%
10/30/2024Source: My Florida Regional MLS Added to Database
October 30, 2024