20530 SW 5th Pl, Dunnellon, FL 34431 | For Sale

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For Sale $899,000 ($690.48 per Sq Ft)

$899,000 ($690.48 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,302 Sq Ft
  • 835,045 Sq Ft

Description

19.17 Acres – Two Homes, Barn, No HOA!
Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs.
Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests.
The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition.
Property Highlights:
Two Homes:
• Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022)
• Second Home – 3BR/2BA mobile home (2015) 1080 Sq ft
12-Stall Barn with efficient layout
No HOA & agricultural zoning

Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals
Roof on Main House is 2024, HVAC 2022

Established pastureland for horses or livestock

Some photos and video are from three years ago (property was off the market due to health reasons).

This is a rare chance to own a versatile, income-generating farm in a sought-after location.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $899,000
Property Type Single Family Homes
Usable Sqft 1,302
Number of Stories 1 stories
Parking Spots 2 spots
Year Built 1997
Last Sold Unknown
Sold Price Unknown
APN # 1730600400
MLS # OM705658
Property ID 300620079
Lot Sqft 835,045
Zoning A1
Days on Market 146
Original List Price $999,000
Applicances Dishwasher, Range, Refrigerator%
Date Updated January 12, 2026
Date Created August 21, 2025
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Listing Provided By

Karen Grimes an agent of PEGASUS REALTY & ASSOC INC. Lic #0672343


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 12, 2026 The information being provided is 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.



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