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Property for sale at 1198 CR 464, LAKE PANASOFFKEE, FL, 33538
Property for sale at 1198 CR 464, LAKE PANASOFFKEE, FL, 33538
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1198 Cr 464Lake Panasoffkee, FL, 33538

1beds
1baths
792sqft
Single Family Residence
Built in 1958
$190,000
For sale
Price per sqft
$240
Days on market
234
Listed
Mar 19
MLS #TB8487387Updated Mar 20, 2026

About this property

Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space! Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions. The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value. The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility. Outside you'll find plenty of room to: ? Park boats, RVs, or trailers ? Add a garden or outdoor entertainment area ? Store work equipment ? Expand in the future Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa. Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point. Property Features: • .47 acre fenced lot • Solar power system • Detached garage with finished flex space (unpermitted conversion) • Storage shed • No HOA • Boat/RV parking • Quiet country setting Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.

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Property details

Property type
Single Family Residence
Street address
1198 Cr 464
City
Lake Panasoffkee
State
FL
ZIP code
33538
Year built
1958
New construction
No
Faces
Northwest
Rooms
4
Living area
792 sqft
Total building area
1,232 sqft
Architectural style
Contemporary
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 5:00 AM EST

Price & sale history

EventPrice
SoldMLS #GC541055$221,500
Listed for saleMLS #GC541055$224,900
Listed for saleMLS #TB8487387$190,000
SoldMLS #G5103478$31,000
History may be incomplete.
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Property for sale at 1198 CR 464, LAKE PANASOFFKEE, FL, 33538
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