2886 N C 470, LAKE PANASOFFKEE, FL, 33538
$425,000
Residential
|
Bedrooms
2
|
Bathrooms
1
|
Living Area
1,086 Sqft
|
Lot Size
94,090 Sqft
|
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 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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRG5115539 | Year Built: | 1978 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Other | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Sumter | Direction Faces: | Southeast | |
| Exterior Features: | Other | Flooring: | Luxury Vinyl | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central | Laundry Features: | Other | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Occupant Type: | Tenant | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Septic Tank | |
| Showing Requirements: | Call Listing Agent | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Connected | Water Source: | Public | |
| Waterfront Features: | Canal - Freshwater | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | 10x10 ft | Primary Bedroom: | 11x11 ft | |
| Primary Bathroom: | 5x7 ft | Living Room: | 10x10 ft | |
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