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16 SE 136 TERRACE

Lots/Land For Sale
$37,000

BTC: 0.57812500

ETH: 20.55555556

-$2K (2026/05/25)
68 days
0 room(s)

Overview

Price Improved! Build your dream home on this beautiful 1-acre parcel in Rainbow Lakes Estates. Already cleared and ready to build, this property could save you thousands in site preparation costs while allowing you to start your plans right away. Backing up to a farm, you will enjoy peaceful country views, stunning sunrises, and the privace that makes this area to desirable. Located on a paved road in Levy County this property offers the perfect blend of rural charm and everyday convenience. Enjoy miles of lightly traveled roads ideal for walking and biking, easy access to the Rainbow and Withlacoochee Rivers, nearby state parks and a short drive to the Gulf Coast and World Equestrian Center. Rainbow Lakes Estates amenities include lakes, fishing pier, playgrounds, pickleball courts, basketball courts horseshoe pits and more.

Location

Florida • DUNNELLON • 34431 • Lots/Land • For Sale

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$55,000
$50K – $61K
Confidence Medium
List vs. estimate
$18K below estimate
List $37,000 · -32.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$329
2025
All facts and features

  • Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 0686402200

    • Zoning: RR-3C

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Electrical Nearby

    • Fiber Optics

    • Phone Available

  • Other financial information

    • Annual tax amount: $329

  • Source details

    • MLS ID: OM721677

    Other facts

    • Water Source: Well Required

    • Lot Size Dimensions: 140 x 312

    • Subdivision Name: RAINBOW LAKES ESTATE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34431
402
median $35K
Active
Same city
DUNNELLON
1,033
median $69K
Active
Same type
Lots/Land
587
median $29K
Active
Similar price
$25K – $48K
222
median $34K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA HOMES REALTY & MORTGAGE