20540 SW 5TH PLACE, DUNNELLON, FL 34431

$795,0003 Beds2 Baths1,334 Sq. Ft.$596 / sq. ft.

DUNNELLON, FL 34431 · MLS# OM725007 · Active · FARM NON-SUB

Status
Active
Type
Farm
Year Built
1997
Days on Market
60
Lot Size
835,045 sqft
MLS #
OM725007
County
Marion

Description of 20540 SW 5TH PLACE, DUNNELLON, FL 34431

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!

Property Details for 20540 SW 5TH PLACE, DUNNELLON, FL 34431

Bathrooms Full
2
Bathrooms Half
0
Interior Features
Walk-In Closet(s)
Appliances
Dishwasher, Microwave, Range, Refrigerator
Flooring
Tile, Hardwood
Heating
Electric
Cooling
Central Air
Furnished
Unfurnished
Garage Spaces
2
Attached Garage
Yes
Pool Private
No
Direction Faces
North

Building Information for 20540 SW 5TH PLACE, DUNNELLON, FL 34431

Building Area Total
2985
Building Area Units
Square Feet
Stories Total
1
Association
No

Property Information for 20540 SW 5TH PLACE, DUNNELLON, FL 34431

Lot Size Square Feet
835,045
Waterfront
No
View
No
Construction Materials
Cement Siding
Roof
Shingle
Exterior Features
Other, Storage
Sewer
Septic Tank
Water Source
Well
New Construction
No

Public Records for 20540 SW 5TH PLACE, DUNNELLON, FL 34431

Parcel Number
1730600400
Tax Annual Amount
$3,332
Tax Year
2025
Tax Legal Description
SEC 14 TWP 15 RGE 18 COM NW COR OF S 1/2 OF NW 1/4 TH S 89-51-31 E 1992.46 FT TO POB TH S 89-51-31 E 645.55 FT TH S 00-05-25 W 1323.61 FT TH N 89-51-22 W 645.66 FT TH N 00-05-25 E 1323.58 FT TO POB EXC N 30 FT FOR RD ROW
Zoning
A1
County Or Parish
Marion

Payment Calculator

Estimated Payment
$4,696/mo
Principal & Interest
$4,020
Property Taxes
$278
Home Insurance
$398

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

20540 SW 5TH PLACE, DUNNELLON, FL 34431 · See all Dunnellon homes for sale

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More information about 20540 SW 5TH PLACE, DUNNELLON, FL 34431

20540 SW 5TH PLACE is a farm for sale in DUNNELLON, FL 34431. This property was listed for sale on May 20, 2026 by SHOWCASE PROPERTIES OF CENTRAL, it's currently listed at $795,000. This listing's school district is Marion Public Schools. 20540 SW 5TH PLACE is a 3-bed, 2-bath, 1,334 sqft farm built in 1997.