Overview
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About this home
SW 205th Circle is a home in Rainbow Spgs 01 Rep, Dunnellon. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $268 annually.
Tell me where you can find 1.21 acres to build your dream home AND have private access to the Rainbow River for just $70,000. Well, let me show you this one. Located in The Woodlands of Rainbow Springs, this homesite gives you room to build without giving up the amenities. Ownership includes access to a private 3-acre park directly on the Rainbow River with a kayak and paddleboard launch, swim-out area, covered pavilions, grills and restrooms. And it doesn't stop at the river — enjoy the community pool, tennis and pickleball courts, fitness center and clubhouse. Hard to find? Absolutely! Here it is — 1.21 acres. Private Rainbow River access. Resort-style amenities. And only $70,000. Build the home you want and enjoy the Florida lifestyle that comes with it. This one is different!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$70,000
Time on market
51 days
Monthly payment
About $473/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $609 annual tax bill, insurance, and the $268/yr HOA fee.
HOA fee
$268/yr
Managed by Vine Management.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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