Property
ActiveLand
1/14
$42,490

SW 54TH STREET

Dunnellon, FL 34431
0
Beds
0
Baths
0
SqFt
1.06
Acres
STELLAR
#TB8411886
Updated: Jun 2, 2026, 4:53pm

Property Description

**PREMIUM 1.06-ACRE CORNER LOT IN RAINBOW LAKES ESTATES – PRICE REDUCED!**
Exceptional opportunity to own one of the most desirable buildable lots in **Rainbow Lakes Estates**. This expansive **1.06-acre corner parcel** at **SW 54th Street & SE 106th Avenue** is level, high and dry, and ready for development. With **electricity available on both road frontages**, this property offers flexibility and convenience for your custom home, spec build, or long-term investment.

Located in a rapidly growing area with substantial new construction activity, this neighborhood continues to attract buyers seeking larger homesites and modern residences. The surrounding market has experienced strong appreciation, making this an excellent opportunity for builders, investors, and future homeowners alike.

Enjoy a prime location just minutes from **Rainbow Springs State Park**, **Rainbow River**, **Rainbow’s End Golf Club**, shopping, dining, and outdoor recreation. Large corner lots with this combination of size, location, and buildability are becoming increasingly difficult to find.
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Property Details

Construction
Building Area Units
Square Feet
Direction Faces
East
Living Area Units
Square Feet
Site & Exterior
Current Use
Residential
Flood Zone Code
X
I D X Participation
Yes
Lot Features
BuildableCorner LotLevelOversized LotRural
Lot Size Acres
1.06
Lot Size Area
1.06
Lot Size Dimensions
401 x 115
Lot Size Square Feet
46174
Lot Size Units
Acres
Public Survey Range
18
Public Survey Section
35
Road Frontage Type
Street PavedAccess RoadCounty Road
Road Surface Type
PavedAsphalt
Total Acreage
1 to less than 2
Utilities
BB/HS Internet CapableElectrical NearbyPhone Available
Zoning
R1
Financials
Calculated List Price By Calculated Sq Ft
0.92
Contract Status Change Date
2025-07-29
Current Adjacent Use
Residential
Current Price
42490
Feed Types
BBO
Owner Name
MARCUS V DE MATOSP.A.
Ownership
Fee Simple
Parcel Number
1754000032
Price Per Acre
40085
Public Survey Township
15
Tax Annual Amount
223
Tax Block
43
Tax Book Number
G-098RAINBOW
Tax Legal Description
SEC 35 TWP 15 RGE 18 PLAT BOOK G PAGE 098 RAINBOW ACRES UNIT 4 BLK 43 E 115 FT LOTS 19-22
Tax Lot
19
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34431 - Dunnellon
Subdivision Name
RAINBOW ACRES
Listing provided courtesy of STELLAR via IDX. Updated: Jun 2, 2026, 4:53pm.
Marcus De Matos, PA

Listing Agent

STAR BAY REALTY CORP.

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