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$114,900
2 Beds ⋅ 2 Baths ⋅ OM729747 MLS
Exceptional investment opportunity! Rare property featuring two detached 2-bedroom homes on one parcel, offering tremendous upside for investors, renovators, or owner-users. Both homes require renovation and are being sold AS-IS, presenting an excellent opportunity to restore, reposition, or create a strong income-producing asset. The property is currently used as residential but is commercially zoned, providing added flexibility and long-term redevelopment potential (buyers should verify all permitted uses with the local municipality). One residence is currently tenant occupied. DO NOT DISTURB THE TENANT AT 20420 McKinney. The current lease expires September 30, 2026. Showings of the occupied home will be by appointment only after an accepted contract or as otherwise arranged with the listing agent. Offered at $119,900, this property has outstanding potential for long-term rentals, short-term vacation rentals (subject to local regulations), a live/work concept, or future commercial use. Conveniently located just minutes from many of Dunnellon’s most popular attractions, including the crystal-clear waters of Rainbow Springs State Park, the Rainbow River for kayaking, tubing, and paddleboarding, the Withlacoochee River, downtown Dunnellon’s shops and restaurants, public boat ramps, parks, golf courses, and the Withlacoochee State Trail. Easy access to Ocala, Crystal River, and Florida’s Nature Coast further enhances the property’s appeal for both residents and visitors. Buyer(s) and Buyer's agents to verify zoning, permitted uses, dimensions, and all property information.

11760 N Williams Street, Dunnellon
$715,900
4 Beds ⋅ 4 Baths ⋅ OM727331 MLS
Experience Withlacoochee River waterfront living at its best only 5 min boat ride to the mouth of the Rainbow River with this unique 4 bedroom, 3.5 bathroom home offering 2,887 sq ft under air, deep water access, and an incredible location less than one mile from the public boat ramp in the heart of downtown Dunnellon. Perfectly positioned within the no-wake zone, this property lets you slow down and enjoy the peaceful side of river life, whether you are launching kayaks from your private dock, relaxing on the rooftop deck above the covered boathouse, or taking a short kayak or boat ride up the river to two separate waterfront restaurants. The Rainbow River is known for its crystal-clear water, abundant wildlife, and beautiful natural scenery, creating the perfect setting for everyday relaxation, weekend getaways, or short-term rental guests. Inside, the home is full of character with wood and tile flooring throughout most of the home, carpet only in the living room, an updated kitchen with granite countertops and hardwood cabinetry, a dining area with wood plank ceilings, a small bar area off the living room, and a bright upstairs living space with scenic river views. Just outside the living room, the second-floor balcony with paneled ceilings offers another peaceful place to unwind and take in the waterfront views. Three bedrooms are located on the main floor, while the spacious primary suite and bonus room are downstairs, with the primary bedroom and bathroom offering direct access outside toward the dock area. Additional features include a metal roof, newer AC units, private dock, covered boathouse, rooftop deck, and a location close to shopping, dining, and area amenities. Currently used as a vacation home and short-term rental, this property offers the rare combination of waterfront lifestyle, character, convenience, and income potential, with rental income available to be verified for serious buyers.

20906 River Drive, Dunnellon
$249,900
OM721233 MLS
Located in South Dunnellon near the junction of US 41 and Dunnellon Road, this versatile building offers significant potential and is conveniently close to downtown Dunnellon. It has previously served as a house of worship, learning center, Annie Johnson Service Center, and food bank. With some imaginative effort, it could be transformed into a successful commercial facility. The property is near the Blue Gator Tiki Bar and Restaurant, as well as the city boat ramp on the Withlacoochee River. In just 10 minutes, you can reach downtown Dunnellon or the City Beach, where the Rainbow River meets the Withlacoochee River. The seller will also consider owner financing with negotiated terms to include an acceptable down payment.

1991 W Test Ct, Dunnellon
$249,900
3 Beds ⋅ 2 Baths ⋅ OM718682 MLS
MOTIVATED SELLER! HISTORIC HOME ZONED RESIDENTIAL BUSINESS IN DOWNTOWN DUNNELLON! This isn’t just any property — it’s a place where stories have been written, businesses have grown, and relationships have flourished. Now, it’s ready for someone new to step in and create the next chapter. Whether you envision restoring it as a charming residence, reopening it as a salon, transforming it into a boutique office, or launching a new small business venture, this historic downtown gem offers the character, location, and flexibility to bring your vision to life. MAJOR IMPROVEMENTS INCLUDE ALL NEW PLUMBING, ELECTRICAL, AND INSULATION in 2004, ROOF REPLACEMENT IN 2018, and a NEW HVAC SYSTEM installed in 2021. Over the years, the owner has added LVP flooring, freshly painted interior spaces, and upgraded select bathroom features — while preserving one truly special detail: the original 1927 clawfoot tub, full of vintage charm. Additional highlights include a cozy wood-burning fireplace, currently outfitted with an electric insert for effortless ambiance and convenience. One of the most valuable features? AMPLE PARKING is a rare and highly sought-after asset in downtown Dunnellon, and this home has more than enough space for you and your clients to park. The large barn out back adds even more versatility, offering exceptional storage, workspace potential, or room for expansion within city limits. This well-loved building has served the community for many years as a successful salon, and its flexibility makes it ideal for both residential and commercial possibilities. Located in Downtown Dunnellon’s historic district, you’re part of a community rich in heritage and hometown pride. The downtown area is known for its small-town, artsy vibe and beloved annual events like the Boomtown Days, celebrating the town’s phosphate mining roots and close-knit spirit. Dunnellon’s claim to fame — the crystal-clear Rainbow River — is just minutes away, along with easy access to Crystal River, Cedar Key, Ocala, and Inverness. And while you enjoy the charm of small-town living, you’re still approximately less than 1 hour from Gainesville and 1.5 hours from the Tampa/St. Pete airports, theme parks, and some of Florida’s most beautiful Gulf beaches — giving you the perfect balance of history, convenience, and accessibility.

20707 Park Avenue, Dunnellon