About 20530 Sw 5th Place
19.17 Acres – Two Homes, Barn, No HOA! Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs. Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests. The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition. ? Property Highlights: Two Homes: • Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022) • Second Home – 3BR/2BA mobile home (2015) 12-Stall Barn with efficient layout No HOA & agricultural zoning Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals Roof on Main House is 2024, HVAC 2022 Established pastureland for horses or livestock Some photos and video are from three years ago (property was off the market due to health reasons), but updated pictures are coming soon—though the farm has changed very little. This is a rare chance to own a versatile, income-generating farm in a sought-after location.
Features of 20530 Sw 5th Place
| MLS® # | OM705658 |
|---|---|
| Price | $949,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,208 |
| Acres | 19.17 |
| Year Built | 1997 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 20530 Sw 5th Place |
|---|---|
| Area | Dunnellon |
| Subdivision | FARM NON-SUB |
| City | DUNNELLON |
| County | Marion |
| State | FL |
| Zip Code | 34431-2108 |
Amenities
| # of Garages | 2 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Range, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | French Doors |
|---|---|
| Lot Description | Farm, Zoned for Horses |
| Roof | Shingle |
| Foundation | Block, Slab |
School Information
| Elementary | Romeo Elementary School |
|---|---|
| Middle | Dunnellon Middle School |
| High | Dunnellon High School |
Additional Information
| Date Listed | August 21st, 2025 |
|---|---|
| Days on Market | 44 |
| Zoning | A1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | PEGASUS REALTY & ASSOC INC |
|---|