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Lots 392 & 393 SW SHOREWOOD DRIVE

Lots/Land For Sale
$38,000

BTC: 0.48315321

ETH: 15.01679510

12 days
Waterfront
0 room(s)

Overview

Build your Florida dream home on this beautiful .36-acre water front wooded lot in Rainbow Lakes Estates. Located in a peaceful setting surrounded by nature, this property offers the perfect opportunity for a full-time residence, seasonal retreat, or future investment. Rainbow Lakes Estates offers an abundance of outdoor recreation with community lakes, boat ramps, a fishing pier, parks, playgrounds, a community center, and more. Enjoy fishing, boating, kayaking, hiking, and the relaxed Florida lifestyle right in your own community. Property is zoned R-1 for site-built homes only—no mobile homes. Whether you're ready to build now or looking to secure a piece of Florida for the future, this affordable homesite offers plenty of possibilities. Looking for more space? The seller also has the adjoining lot available for sale, offering a great opportunity to purchase both properties and create a larger homesite!

Location

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

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$60,000
$55K – $150K
Confidence Low
List vs. estimate
$22K below estimate
List $38,000 · -36.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$459
2025
Waterfront
Lake Front
All facts and features

  • Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 1813002392

    • Zoning: R1

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

  • Other financial information

    • Annual tax amount: $459

  • Source details

    • MLS ID: OM731219

    Other facts

    • Waterfront: Yes

    • Water Source: Well Required

    • Lot Size Dimensions: 87 x 160

    • 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
436
median $39K
Active
Same city
DUNNELLON
1,029
median $85K
Active
Same type
Lots/Land
573
median $29K
Active
Similar price
$26K – $49K
199
median $35K
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: YOUNG REAL ESTATE