
1198 Cr 464Lake Panasoffkee, FL, 33538
- Price per sqft
- $240
- Days on market
- 234
- Listed
- Mar 19
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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Projected rental revenue and ownership costs
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
Price & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| SoldMLS #GC541055 | $221,500 | Not applicable | |
| Listed for saleMLS #GC541055 | $224,900 | Not applicable | |
| Listed for saleMLS #TB8487387 | $190,000 | Not applicable | |
| SoldMLS #G5103478 | $31,000 | Not applicable |
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