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.
Property Details
Price:
$399,900
MLS #:
G5092914
Status:
Active
Beds:
2
Baths:
1
Address:
2886 N C 470
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
33538 – Lake Panasoffkee
City:
LAKE PANASOFFKEE
Listed Date:
Feb 13, 2025
State:
FL
Finished Sq Ft:
1,488
Total Sq Ft:
1,488
ZIP:
33538
Lot Size:
94,090 sqft / 3.78 acres (approx)
Year Built:
1978
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Appliances
Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Other
Heating
Central
Laundry Features
Other
Exterior
Construction Materials
Other
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$3,601
Map
Community
- Address2886 N C 470 LAKE PANASOFFKEE FL
- SubdivisionN/A
- CityLAKE PANASOFFKEE
- CountySumter
- Zip Code33538
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2886 N C 470
LAKE PANASOFFKEE, FL
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