8518 SW 189TH COURT RD at

8518 SW 189TH COURT RD

For sale Days on market 346

$5,900,000

$3,099,000
Price Decreased

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Overview

Year Built

1984

214.89 acres

Property Type

Mixed Use

Property Description

This unique opportunity allows for the purchase of a property featuring a clubhouse, maintenance facility, and an 18-hole golf course nestled within the desirable Rainbow Springs community. Although the golf course is currently closed, the property is actively managed, maintained, and mowed multiple times each year. Spanning approximately 215 acres, this land offers a wealth of potential for a savvy investor. The clubhouse underwent a multi-million dollar renovation in 2018, hosting a range of amenities including a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, a public restaurant on-site, a disc golf course, a half-court basketball area, bocce ball courts, and more. Upon entering the clubhouse, you will find around 25,000 square feet of space that houses various rooms for activities such as meetings, billiards, ping pong, fitness sessions, crafts, card games, and other pursuits. With over 180 parking spaces available, there is plenty of room for guests to enjoy the various offered activities.Additionally, the owner has a vacant lot featuring their own billboard along the busy US 41 for promotional purposes. This property boasts two deep-water wells with water permits valid until November 7, 2040, providing a substantial capacity of 192,500 gallons per day. Furthermore, the property enjoys around 4,500 feet of highway frontage on US 41. Its prime location is less than a mile away from Rainbow Springs State Park, which draws 350,000 visitors each year, and just two miles from the KP Hole County Park on the Rainbow River, which welcomed 100,000 visitors in 2023. The Rainbow Springs Campground is a mere 10-minute drive from the site. The seller is open to the idea of selling the property separately from the clubhouse.

Property Details

MLS#

OM688678

Total Floor in Bldg

Address

8518 SW 189TH COURT RD

City

DUNNELLON

State/county

Zip/Postal Code

34432

Area

Rainbow Spgs Country Club Estates

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,563

Maint Fee

$--

Tax Year

2023

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