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8518 Sw 189th Court Rd
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PRICED AT ONLY: $5,900,000

Address: 8518 Sw 189th Court Rd, DUNNELLON, FL 34432

Description

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. 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!
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  • MLS#: OM688678 ( Commercial Sale )
  • Street Address: 8518 Sw 189th Court Rd
  • Viewed: 49
  • Price: $5,900,000
  • Price sqft: $248
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 23768
  • Days On Market: 53
  • Acreage: 214.89 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • Living Area: 0.00
  • Other Structures: Maintenance, Storage, Workshop
  • Roof: Metal
Land Information
  • Lot Features: Neighbourhood, Wooded
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Over 30 Spaces
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Road Frontage Type: Easement
  • Sewer: Septic Needed
  • Utilities: Electricity Available, Phone Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Legal Description: SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GO
  • Area Major: 34432 - Dunnellon
  • Occupant Type: Tenant
  • Parcel Number: 3296-000-001
  • Possession: Close of Escrow
  • Views: 49
  • Zoning Code: R1
Similar Properties

Details for 8518 189th Court Road, Dunnellon, FL 34432
$5,900,000.00 ($188.49 / sqft )

8518 189th Court Road More Like This

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 t

  1. Approx. 31301 sqft
  2. Approx. 214.89 acres
  1. MLSID: 838999
  2. Provided by Dunnellon Real Estate LLC
  3. REALTOR® Association of Citrus County
  4. DMCA Notice

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