Lake Panasoffkee, FL 33538,2886 N C 470
Listed by FLAMINGO REAL ESTATE & MNGMT
Bought with FLAMINGO REAL ESTATE & MNGMT

$385,000

$399,900

3.7%
Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

1,086 SqFt


SOLD DATE : 08/22/2025

Key Details

Sold Price $385,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,086 sqft

Price per Sqft $354

MLS Listing ID G5092914

Sold Date 08/22/25

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1978

Annual Tax Amount $3,601

Lot Size 3.780 Acres

Acres 3.78

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

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 potential to create up to 13 single-family lots along the canal front and outlet river, this site is perfect for transforming into a picturesque waterfront community.Currently, the property includes one home and one mobile home, both requiring TLC, along with three dilapidated mobile homes that need to be removed. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront views. County Road 414 provides direct access to a scenic walking bridge that overlooks the outlet and leads to Marsh Bend “Outlet” Park. This park is a local favorite, featuring a public boat ramp, walking trails, a beach volleyball court, picnic areas, fishing spots, grill stations, and a pet area, enhancing the appeal of this location for future residents. Discover the potential of this exceptional property and imagine the waterfront lifestyle it can offer. Call or email us today to explore all the development possibilities.

Location

State FL

County Sumter

Area 33538 - Lake Panasoffkee

Zoning RPUD

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Other

Fireplace false

Appliance Range, Refrigerator

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Public

Structure Type Other

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
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