8985 SW 196TH TERRACE ROAD, DUNNELLON, FL, 34432
Active1 days on marketListed Aug 15, 2026MLS #L4964327
About this home
8985 SW 196TH TERRACE ROAD
Beautifully remodeled home, on nearly half an acre lot. This property is part of a wonderful neighborhood, Rainbow Springs Country Club Estates, with tranquil tree lined streets. The home features 2 spacious bedrooms, 2 bathrooms, and a large two-car garage. Includes brand-new stainless-steel appliances and thoughtful details that provide both style and convenience. Enjoy the best of Central Florida living in this beautiful property located near Rainbow River and the State Park. Perfect for water enthusiasts—ideal for swimming, kayaking, and boating. The community offers great amenities, including a clubhouse. Conveniently located near shopping, dining, and schools. Charming downtown Dunnellon is just minutes away, with easy access to Ocala, Inverness, Crystal River, and Gainesville. Experience Florida living at its finest in this prime location! NO NEED FOR HOA APPROVAL
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,566
Sqft
0.46 ac
Lot size
2
Garage
1980
Year built
One
Levels
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$174 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$174/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Dunnellon
Get to know Dunnellon. See the full Dunnellon guide →
DUNNELLON 34432 — neighborhood snapshot
Population
13,197
Median age
56
Median income
$47,711
Median home value
$223,900
Avg household
2.27
Households w/ children
858
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Dunnellon market
$265K → $280K
Dunnellon median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
Median sold price, Dunnellon, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the DUNNELLON 34432 median. See the full Dunnellon market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Sean Gum
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8985 SW 196TH TERRACE ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8985 SW 196TH TERRACE ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Sean's phone and CRM.
Straight answers
8985 SW 196TH TERRACE ROAD FAQs
What would the monthly payment be for 8985 SW 196TH TERRACE ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $174/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 8985 SW 196TH TERRACE ROAD?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Dunnellon?+
At $1,950, this home is listed about 99% below the Dunnellon median of $301,535. The market section on this page shows how the area is trending.
Which schools are assigned to 8985 SW 196TH TERRACE ROAD?+
Dunnellon Elementary School (elementary), Dunnellon High School (high), Dunnellon Middle School (middle) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the DUNNELLON 34432 market on paper
$1,950 is 99% below the DUNNELLON 34432 median of $210,000, and at $1/sqft it sits under the Dunnellon average of $210.
02Garden & Golf Course views
The garden and golf course view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 1 day on market in a Dunnellon market that averages 40 — if it fits, move quickly.
Listing courtesy of RIVIERA REALTY ASSOCIATES INC · Marta Carbonell. MLS #L4964327.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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