About This Property

Exceptional investment opportunity! Rare property featuring two detached 2-bedroom homes on one parcel, offering tremendous upside for investors, renovators, or owner-users. Both homes require renovation and are being sold AS-IS, presenting an excellent opportunity to restore, reposition, or create a strong income-producing asset. The property is currently used as residential but is commercially zoned, providing added flexibility and long-term redevelopment potential (buyers should verify all permitted uses with the local municipality). One residence is currently tenant occupied. DO NOT DISTURB THE TENANT AT 20420 McKinney. The current lease expires September 30, 2026. Showings of the occupied home will be by appointment only after an accepted contract or as otherwise arranged with the listing agent. Offered at $119,900, this property has outstanding potential for long-term rentals, short-term vacation rentals (subject to local regulations), a live/work concept, or future commercial use. Conveniently located just minutes from many of Dunnellon’s most popular attractions, including the crystal-clear waters of Rainbow Springs State Park, the Rainbow River for kayaking, tubing, and paddleboarding, the Withlacoochee River, downtown Dunnellon’s shops and restaurants, public boat ramps, parks, golf courses, and the Withlacoochee State Trail. Easy access to Ocala, Crystal River, and Florida’s Nature Coast further enhances the property’s appeal for both residents and visitors. Buyer(s) and Buyer's agents to verify zoning, permitted uses, dimensions, and all property information.

Key Features

• Built in 1966

Property Details

• Type: Single Family Home
• Year Built: 1966
• Lot Size: 0 sq ft
• Sq Ft: 1,136
• Price / Sq Ft: $101
• HOA: Contact Agent
• Bedrooms: 2
• Bathrooms: 2
• Feature: Built in 1966
• Status: Active
• MLS Number: MFR801854076
• Days on Market: 16
• Listed By: KELLER WILLIAMS CORNERSTONE RE · Sophia Solvalu
• Zip Code: 34432