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About this home
SW 98th Loop is a home in Rainbow Spgs 05 Rep, Dunnellon. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $250 annually.
Discover the opportunity to own a vacant homesite in the desirable Rainbow Springs community, where you can enjoy a peaceful setting along with an impressive variety of community amenities. Rainbow Springs residents enjoy private access the beautiful Rainbow River offering a canoe launch, rentals, and private beach. The community offers swimming pool, tennis and basketball courts, clubhouse, picnic areas, disc golf and more. Spend your days enjoying the outdoors, relaxing by the river, or taking advantage of everything this amenity-rich community has to offer. Looking for even more possibilities? The owner is also selling the home located next door, creating a unique opportunity to purchase the lot separately or together with the neighboring home. Purchase both for additional space and privacy, create an extended property for family and friends, or simply secure the neighboring parcel for your future plans. Whether you're looking for a place to build your Florida home or an opportunity to own additional land in an established community, this property offers flexibility in a location known for its natural beauty and access to the crystal-clear Rainbow River. The neighboring home MLS#TB8542928 and this vacant lot are offered separately and may be purchased individually or together. Buyer to verify building requirements, utilities, HOA/community restrictions, and intended land use.
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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%. 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
$40,000
Time on market
51 days
Monthly payment
About $275/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $308 annual tax bill, insurance, and the $250/yr HOA fee.
HOA fee
$250/yr
Managed by Rainbow Springs POA.
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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