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About this home
SE 131 Terrace is a home in Rainbow Lake Estates, Dunnellon. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Discover the possibilities with this approximately 2-acre parcel in Rainbow Lakes Estates! Comprised of two adjoining lots totaling approximately 86,800 square feet, this spacious property offers approximately 280 feet of paved road frontage on SE 131st Terrace. The level, wooded setting provides plenty of room to create your Florida retreat while still enjoying the quiet, rural feel the area is known for. Manufactured homes are permitted per available property information, with well and septic required and power available in the area. No HOA. Conveniently located near Dunnellon with access to outdoor recreation, lakes, parks and the natural beauty of North Central Florida. Whether you’re looking for a future homesite, additional space or land to hold for the future, this is an opportunity to own approximately two acres in Rainbow Lakes Estates. Buyer to verify zoning, permitted uses, utilities, lot dimensions and development requirements with Levy County.
The essentials
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Details
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
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$62,499
Time on market
8 days
Monthly payment
About $402/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $543 annual tax bill, insurance.
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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