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2886 N C 470, Lake Panasoffkee, FL 33538

Lake Panasoffkee
Local realty services provided by:CENTURY 21 Affiliates
2886 N C 470,Lake Panasoffkee, FL 33538
$425,000
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  • 2 Beds
  • 1 Baths
  • 1,086 sq. ft.
  • Single family
  • Active
Listed by: kody ondriezek
Office: flamingo real estate & mngmt
MLS#:G5115539
Source:MFRMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$336.23

About this home

Located in the heart of Lake Panasoffkee at the intersection of C-470 and County Road 414, this property offers a unique opportunity for waterfront residential development. With the approved plots for up to 13 single-family manufactured homes along the canal front and outlet river, or 8 "cottages" 600-800 sq ft in size, already plotted by the county. All approved site plans are recorded with the county, and available to interested buyers upon request to the listing agent. This site is perfect for transforming into a picturesque waterfront, river access, income producing community. Currently, the property includes one home and five mobile home, Three of the mobile homes are in disrepair and will require removal, one is a lot lease and one is rented. The site build home has a new roof replaced in 2025, and new flooring throughout. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront...

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Home facts

  • Year built:1978
  • Subdivision & Development:PANASOFFKEE FOREST
  • Listing ID #:G5115539
  • Added:93 day(s) ago
  • Updated:October 28, 2026 at 02:53 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Luxury Vinyl
  • Kitchen Description:Range, Refrigerator
  • Living area:1,086 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:1,086 sq. ft.
  • Lot area:2.16 Acres
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:South Sumter High
  • Middle school:South Sumter Middle
  • Elementary school:Lake Panasoffkee Elementary

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$336.23
  • Tax amount:$3,631 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
  • Amenities:Ceiling Fans(s)
  • Pool features:Public Pool

Parking

  • Parking description:1 Car Carport
  • Carport spaces:1
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