0 W Sumter Avenue
Lake Panasoffkee, FL, 33538 $ 195,000
Baths0.0 Monthly Estimate*
$ 1,231
Studio for $195,000. The lot size is 4.1.
Build your dream home on this exceptional 4.1-acre parcel in beautiful Sumter County! This unique property offers the perfect blend of privacy, natural beauty, and future potential. A recent Vested Rights Determination issued by Sumter County confirms the parcel has vested development rights for one site-built single-family residence, providing added confidence for future development, subject to obtaining the required permits and approvals. Whether you're looking to build your forever home, create a private country retreat, or invest in land with confirmed development rights, this property is an outstanding opportunity. Enjoy the peaceful rural setting while still being conveniently located near shopping, dining, recreation, and The Villages. Don't miss your chance to own this beautiful piece of Florida land with documented vested building rights already recognized by Sumter County. Comes with a 50AMP pilar. Perfect for your RV or build your dream home on this peaceful 4.1-acre parcel located in the quiet Lake Panasoffkee area of Sumter County. Zoned RR-1 (Rural Residential), this property allows single-family or manufactured housing and offers plenty of room for privacy, animals, gardens, and storage buildings. Enjoy a true country lifestyle while still being just a short drive to I-75, The Villages, Bushnell, and nearby shopping and dining. No HOA. No CDD. Bring your boat, Lake Panasoffkee is known for world-class fishing and natural Florida beauty. This is the perfect opportunity for those seeking space, freedom, and rural living. Buyer to verify building requirements with Sumter County. This property already has a well, septic system, and metered electric on-site, saving the buyer tens of thousands of dollars. Most vacant parcels require everything to be installed from scratch; this one is already set up. This isn't just raw land, it's already cleared, cleaned, and has well, septic, and metered electric in place. Local amenities include grocery, fuel, dining, and daily services, with larger shopping and retail centers available in Bushnell, Wildwood, and The Villages. Medical services and regional medical centers are also located within a short drive in The Villages and surrounding areas. Enjoy convenient travel access with I-75 located nearby: " Approximately 45-60 minutes to the Tampa area " Approximately 1+ hour to the Orlando area " Approximately 25-35 minutes to The Villages
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FeaturesGeneralSewer Septic Tank
Utilities Electricity Available Sewer Available
Possession Close Of Escrow Negotiable
Electric 3 Phase
View Preserve
Property Subtype Agriculture
Tax Year 2024
Current Use Agricultural
County Sumter
Property Type Land
Subdivision Name None
Facing Direction East
Possible Use Agricultural Multi-Family Residential
Status Active
High School American
City Lake Panasoffkee
Disclosures Owner Is Listing Agent
MLS Area 5940 - Other Florida County
Lot Size Square Feet 178596
Elementary School Acreage Pines
Tax Annual Amount 569.55
Middle/Junior High School Allapattah Flats K-8
Additional Parcels Y/N false
Standard Status Active
Property Sub Type Additional Agriculture
Legal Description THE N 330 FT OF E 466 FT OF W
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ExteriorVegetation Grassed None
Lot Features Agricultural Cleared Residential Lot
Water Source Well
Lot Size Acres 4.1
Road Surface Type Dirt
Waterfront Y/N false
Road Frontage Type Private Road
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* Excluded FeaturesList ByYamira RodriguezListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,231
- Monthly Property Taxes
- $47
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Lake Panasoffkee, FL
Average List Price $131,950
Percent of Sale Price 32%
About Lake Panasoffkee, FL 3,357 Population
0% Since 2002
$ 34,714 Median Income
50.94 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
American High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $195,000 | 11.43% | Price Up |
| 2/1/2026 | $175,000 | -10.26% | Price Down |
| 1/17/2026 | $195,000 | -13.33% | Price Down |
| 1/15/2026 | $225,000 | | Listed Price |