20540 SW 5TH PLACE, DUNNELLON, FL 34431 | MLS #MFROM725007 | Berkshire Hathaway HomeServices Florida Network Realty
 
Listing provided courtesy of SHOWCASE PROPERTIES OF CENTRALas Distributed by MLSGrid- MLS# MFROM725007MLS Provider

20540 SW 5TH PLACEDUNNELLON, FL 34431

Single Family · 3 Beds · 2 Full Baths · 1,334 Sq. ft. | 19.17 Acres
$800,000 Active

20540 SW 5TH PLACE Overview

Time on Site:
40 days
Visits:
0

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!

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20540 SW 5TH PLACE Facts & Features

  • Type Single Family
  • Sq. ft. 1,334
  • Price/Sq.ft. $600
  • Lot 19.17 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1997

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34431 - Dunnellon
  • Subdivision Name: FARM NON-SUB
  • Township: 15

Tax Information

  • Tax Annual Amount: 3332.17
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Ownership: Fee Simple
  • Parcel Number: 17306-004-00
  • Property Sub Type: Farm
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: A1

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2985
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Microwave,Range,Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Tile,Wood
  • Foundation Details: Slab
  • Heating: Electric
  • Interior Features: Walk-In Closet(s)
  • Laundry Features: Inside,Laundry Room
  • Levels: One
  • Living Area: 1334
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 19.17
  • Lot Size Square Feet: 835045
  • Road Surface Type: Asphalt
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Cement Siding
  • Direction Faces: North
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Other,Storage
  • Other Structures: Additional Single Family Home,Barn(s),Shed(s)
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Electricity Connected

Room Information

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bedroom

  • Level: First

20540 SW 5TH PLACE Neighborhood

Community

34431 (DUNNELLON) Demographics

56
Median Age
71
Population Density (per sq. mile)
23%
College Educated
$40,582
Estimated Median Income
3,126
Estimated Total Home Owners
587
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

20540 SW 5TH PLACE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

20540 SW 5TH PLACE Market Data

Based on the last 30 days in this zip code

$335,995
Average List Price
$210
Average Price per Square Foot
31
Properties Sold
96
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

20540 SW 5TH PLACE History

Date Event Value Agent
6/23/2026Source: My Florida Regional MLS Price Reduction
$800,000 -3.6%
6/8/2026Source: My Florida Regional MLS Price Reduction
$830,000 -2.4%
5/21/2026Source: My Florida Regional MLS Added to Database
May 21, 2026