8518 189th Court Road
Brokerage Office: 352-629-6883
8518 189th Court Road, Dunnellon, FL 34432
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- MLS#: 838999 ( CommercialSale )
- Street Address: 8518 189th Court Road
- Viewed: 39
- Price: $5,900,000
- Price sqft: $188
- Waterfront: No
- Year Built: 1984
- Bldg sqft: 31301
- Days On Market: 38
- Acreage: 214.89 acres
- Additional Information
- County: MARION
- City: Dunnellon
- Zipcode: 34432
- Subdivision: Rainbow Springs
- Provided by: Dunnellon Real Estate LLC
- DMCA Notice
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DescriptionThis 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. A separate maintenance building and a cart barn, totaling approximately 3,000 square feet, are also included in the property. 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 or selling the maintenance barn and property separate,etc. which makes this property an exceptional find!
Property Location and Similar Properties
Property Features
Possible Terms
- Cash
- Conventional
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- CentralAir
- Electric
Covered Spaces
- 0.00
Current Use
- PlaceOfWorship
Exterior Features
- BasketballCourt
- HandicapAccessible
- Landscaping
- TennisCourts
- BlacktopDriveway
- PavedDriveway
Flooring
- Carpet
- Concrete
- Tile
Garage Spaces
- 0.00
Heating
- Central
- Electric
Insurance Expense
- 0.00
Legal Description
- SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GOLF COURSE) EXC ROW TAKING (DEED BOOK 227-1) BEING DESC AS FOLLOWS: ANY OF THE ABOVE DESC PROPERTY IN THE SW 1/4 OF SW 1/4 OF SEC 12 & W 1/2 OF W 1/2 O F SEC 13 WHICH LIES WITHIN 100 FT OF THE CENTERLINE OF PRESENT SR NO 5 EXC COM AT THE NE COR OF LOT 2 BLK H RAINBOW SPRINGS COUNTYR CLUB ESTATES PT BEING ON A CURVE CONCAVE ELY HAVING A CENTRAL ANGLE OF 50-36-16 A RADIUS OF 1344.12 FT TH NWLY ALONG A RC OF CURVE 126.46 FT TO THE POB A CHORD BEARING & DISTANCE OF N 06-56-06 W 126.41 FT TH CONT NWLY ALONG ARC OF CURVE 50.01 FT A CHORD BEARING & DISTANCE OF N 03-10-27 W 50.01 FT TH S 87-55-03 W 49.87 FT TH S 02-04-57 E 50 FT TH N 87-55-03 E 50.82
Levels
- Two
Living Area
- 0.00
Lot Features
- Acreage
- IrregularLot
- OnGolfCourse
- RollingSlope
- Wooded
Area Major
- 28
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Barns
- Sheds
- Storage
- Workshop
Parcel Number
- 0782530000
Parking Features
- Driveway
- Paved
- ParkingLot
- Private
- ParkingSpaces
Pet Deposit
- 0.00
Pool Features
- None
Possession
- Closing
Property Type
- CommercialSale
Roof
- Metal
Security Deposit
- 0.00
Sewer
- PublicSewer
Tax Year
- 2023
The Range
- 0.00
Trash Expense
- 0.00
Views
- 39
Water Source
- Public
Year Built
- 1984
Zoning Code
- GNC
- R1
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