Waterfront
Address
10721 SW 185TH TERRACE Dunnellon, FL
Price
$ 2,500,000
Property Attributes
  • MLS#OM629434
  • TypeIncome
  • CountyMARION
  • CityDunnellon
  • AreaDunnellon
  • NeighborhoodRIO VISTA
  • Zip34432
  • StyleDuplex
  • Year Built1975
  • Taxes$ 9797
  • Price$ 2,500,000
  • Bedrooms19
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage9403
  • Lot Size1.51 Acres
Listing Provided Courtesy Of:
PREMIER SOTHEBYS INT'L REALTY
Data Source:
Stellar MLS
Property Description

Rainbow River lodging. Own a piece of paradise with this one-of-a-kind property, which has seclusion, spectacular views, crystal clear river frontage on the Rainbow River and dock space — a rare commodity. Featuring two residences: the main home had nine bedrooms and eight baths (6,000 living square feet), comfortably sleeps 40. The second guest cottage is three bedrooms and two baths. (1,144 living square feet). This property just happens to have some extra attributes that put it far above all the others. This large estate property is the largest vacation rental estate for hundreds of miles, the business has been operating for decades, and the property generates a substantial income. This property can not be duplicated and is one of the few properties that is grandfathered in as a vacation rental. This status is extremely valuable. Fishing and hunting are abundant, scalloping in clear waters and manatees nearby. World Equestrian and quality farms within minutes from this property. Home comes fully furnished with three boats — get started enjoying the water lifestyle right away. Just downriver from KP Hole Park. Don't let this pass you by, a must-see.

Price History
10/27/2021 Listed $2,500,000

General Features

Additional Parcels Description 3483-001-001
Additional Parcels Y/N Yes
Appliances Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Association Y/N No
Attached Garage Yes
Building Area Units Square Feet
Carport Spaces 10
Carport Y/N Yes
City DUNNELLON
Construction Materials Block, Concrete, Wood Frame
Cooling Central Air
County Marion
Days on Market 7
Directions Hwy 41 N, R SW 99th Place, R SW 186th Ave., L SW 185th Terr
Exterior Features Awning(s), Balcony, Fence, French Doors, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
Flooring Carpet, Linoleum, Reclaimed Wood, Tile
Garage Spaces 2
Garage Y/N Yes
Heating Central
Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Dormitorio Principal Arriba, Solid Wood Cabinets, Split Bedroom
Levels Three Or More
Lot Size Square Feet 52272
MLS Area 34432 - Dunnellon
New Construction No
Occupant Type Owner
Other Structures Cabana, Finished RV Port, Gazebo, Outdoor Kitchen, Shed(s), Storage, Workshop
Ownership Fee Simple
Patio/Porch Features Front Porch, Side Porch, Wrap Around
Pets Allowed Yes
Pool Features Above Ground, Deck, Outside Bath Access
Private Pool Yes
Property SubType Duplex
Property Type Residential Income
Roof Shingle
Security Features Smoke Detector(s)
Senior Community Y/N No
Sewer Septic Tank
Standard Status Active
Status Active
Street Name 185TH
Subdivision Name RIO VISTA
Tax Annual Amount 9797.84
Tax Lot 2
Tax Year 2020
Terms Cash
Total Actual Rent 25000
Total Number of Buildings 2
Total Units 2
Township 16S
Unit Count 8
Utilities Electricity Connected, Propane, Water Connected
View Water
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM629434
Water Access River
Water Access YN Yes
Water Body Name RAINBOW RIVER
Waterfront Features River Front
Year Built 1975
Zoning R1

Interior Features

Additional Rooms Bonus Room, Breakfast Room Separate, Den/Library/Office, Family Room, Florida Room, Formal Dining Room Separate, Inside Utility, Interior In-Law Suite, Loft, Media Room, Storage Rooms
Fireplace Y/N No
Flood Zone Code Zone x
Furnished Y/N Furnished
Laundry Features Inside
Living Area 9403
Living Area Units Square Feet
Livingareasource Owner
Street Suffix TERRACE

Exterior Features

Building Area Total 10000
Foundation Details Slab
Lot Dimensions 148x168
Lot Features Near Golf Course, Near Marina, Oversized Lot, Street One Way, Private
Lot Size Acres 1.51
Number of Lots 2
Parking Features Boat, Curb Parking, Driveway, Guest, Open
Road Surface Type Paved
Spa No
Water Extras Dock - Open
Water Extras YN Yes
Water Frontage Feet River 100
Water Source Well
Water View River
Water View YN Yes
Waterfront Feet Total 100
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34432

Price
AVG $2.5M
$2.5M
Taxes
AVG $9,797
$9,797
Visits
AVG 292
296
Year Built
AVG 1975
1975

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