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Vera Wells
REALTOR®
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20540 SW 5th Place , Dunnellon, FL 34431

$850,000
  • 20540 SW 5th Place , Dunnellon, FL 34431 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,334 MLS#OM725007
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONFARM NON-SUB

Property Description

Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential- all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala's variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida's exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County's most desirable equestrian corridors!

20540 SW 5th Place | MLS# OM725007

This home located at 20540 SW 5th Place , Dunnellon, FL 34431 is currently listed for sale with an asking price of $850,000. This property was built in 1997 and has 3 bedrooms and 2 full baths with 1334 sq. ft. SW 5th Place is located in the FARM NON-SUB subdivision. Search FARM NON-SUB real estate on vwells.floridaexecutiverealty.com today.

Property Features

Property Type: Residential -
Cooling: Central Air
Garage: 2 car attached
Heating: Electric
Lot Size: 19.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,332
Year Built: 1997

Amenities

Walk-In Closet(s)
Other
Storage

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Barn Features: Feed Room, Horse Barn, Tack Room
Directions: From WEC Ocala, drive west on 40. Turn right onto HWY 328. South on 41. Second Right on SW 5th PL. Travel 1.4 miles and property will be on the left hand side.
Exterior: Cement Siding
Flood Zone Code: X
Flooring: Tile, Wood
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 19.17
Number of Septics: 3
Number of Stalls: 12
Number of Stalls: 12
Number of Wells: 2
Other Structures: Additional Single Family Home, Barn(s), Shed(s)
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Farm
Sewer: Septic Tank
Showing Instructions: Appointment Only, Call Listing Agent 2,Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Well
Water Access Y/N: No
Zoning: A1

Listed By / Shown By

Listed By

Agency Name: SHOWCASE PROPERTIES OF CENTRAL
Agency Contact: 352-351-4718

Shown By

Agent Name: Vera Wells
Agent Phone: (813) 697-5259
Agency Title: Florida Executive Realty

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Estimated Payment

$ 2,417.31 per month $1,891.73 Principal & Interest $277.67 Property Tax $247.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/21/2026. The listing information on this page last changed on 05/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/21/2026 11:19:49 AM EST) or Stellar MLS (last updated Thu 05/21/2026 11:03:41 AM EST). Real estate listings held by brokerage firms other than Florida Executive Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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