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12139 Palmetto Way

Dunnellon, FL 34432

3 beds
2 baths
2,230 sqft
~1/2 acre lot
$627 per sqft
1961 build
– on site

Incredible views of the Rainbow river, majestic oaks and nature from your covered and screened in lanai with phenomenal sunsets! This property boasts almost a 1/2 an acre with 100 foot of water frontage on the river. Just a small kayak ride to the main body of water. Swampy's Bar & Grille restaurant across the street ( a local fave) and crystal clear water embracing all of Floridas natural landscape.This your plan is spacious with oversized living room, overlooking kitchen with staining the appliances and dining area. There are three spacious bedrooms in this home and 2 full baths. Step outside your double sliding door onto the cupboard and screen oversize patio. This area overlooks a spacious large backyard with grilling patio as well. Walk out and across the yard to use the crystal clear water featuring walk on fishing pier and deck perfect for getting on your paddleboard or kayak. Bring the boat if you wish and explore all that rainbow river has in store! This waterfront oasis is currently used as an Airbnb and the guests absolutely love it! The weather you’re buying for a primary or an investment this property is sure to please! 15 minutes from the world of equestrian center and 45 minutes to the gulf coast!! Whether here play or stay….. this one is worth the visit!

Listing courtesy of STELLAR_MLS / GAILEY ENTERPRISES REAL ESTATE

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# O6261456 —

The Building

Year Built:

1961
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Covered
Building Area Total:

2752
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

true

Room Dimensions

Living Area:

2230
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

WEST ON 484 TO LEFT ONTO PALMETTO HOME ON RIGHT NO SIGN
Latitude:

29.046826
Longitude:

-82.450791
Coordinates:

-82.450791, 29.046826

The Property

Parcel Number:

3383001011
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.49
Lot Size Area:

21344
Lot Size SqFt:

21344
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R3A
Direction Faces:

Northwest
View:

Water
View:

true
Exterior Features:

Rain Gutters
Water Source:

Well
Road Surface Type:

Paved
Flood Zone Code:

AE
Flood Zone Panel:

12083C0662D
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

11
Tax Block:

A
Tax Legal Description:

SEC 36 TWP 16 RGE 18 PLAT BOOK F PAGE 027 RAINBOW RIVER ACRES BLK A LOT 11
Tax Book Number:

F-027RAINBOW
Tax Annual Amount:

9351

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/O6261456
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Septic Tank

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

The Community

Subdivision Name:

RAINBOW RIVER ACRES
Senior Community:

false
Water View:

River
Water View:

true
Water Access:

River
Water Access:

true
Water Extras:

Fishing Pier
Waterfront:

true
Waterfront Features:

River Front
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false
Waterfront Feet Total:

100

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$1,400,000

Expense	Monthly cost
Mortgage	$7,496
Taxes	$779
Insurance	$385
Utilities	$208 See report
Total	$8,868/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
12/2/24 Dec 2, 2024	Listed / Active	STELLAR_MLS	$1,400,000	204.3% (41.3% / YR)
9/15/24 Sep 15, 2024	Price Changed	STELLAR_MLS
5/20/24 May 20, 2024	Price Changed	STELLAR_MLS

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This house located in Dunnellon, FL 34432 is currently for sale for $1,400,000. 12139 Palmetto Way is a 2,230 square foot house with 3 beds and 2 baths that has been on Estately for 19 days. This house is in the attendance area of Dunnellon Middle School, Dunnellon High School, and Dunnellon Elementary School.

Listing Courtesy of: STELLAR_MLS and GAILEY ENTERPRISES REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.