896 CR 485A
Lake Panasoffkee, FL, 33538 $ 350,000
Bedrooms4 Baths3.0 Sq 1,876 Monthly Estimate*
$ 2,210
for $350,000 with 4 bedrooms and 3 full baths. This 1,876 square foot home was built in 1968 on a lot size of 0.23.
Fully Renovated • 5 Bedrooms • 3 Bathrooms • Pool • Lake Access • Turnkey Furnished Investment Property Welcome to 896 County Road 485A, Lake Panasoffkee, FL 33538, a beautifully renovated 5-bedroom, 3-bathroom home offering approximately 1,876 sq. ft. of living space, private pool, lake access, and an impressive list of recent upgrades. This property has undergone an extensive renovation, making it truly move-in ready. Improvements include renovated kitchen cabinetry and countertops, new flooring, updated plumbing, a new electrical panel and electrical components, new interior doors, and completely renovated bathrooms featuring new finishes and fixtures throughout. The home also received new insulation throughout, while the A/C system was replaced around 2022–2023. Outside, the property continues to impress. The pool was completely resurfaced last year, the metal roof is in excellent condition with no known leaks, and the windows are in great condition. The septic system was also completely replaced approximately two years ago using PVC components. One of the highlights of the property is the spacious backyard with lake access and a beautiful rear deck overlooking the water, creating an excellent setting for relaxing, entertaining, or enjoying the Florida lifestyle. The property also offers a large driveway and two storage units, providing plenty of additional space. Currently operated as an Airbnb/VRBO short-term rental, the property generates approximately $60,000 in annual gross rental revenue, offering an attractive opportunity for buyers looking for an established vacation rental or investment property. Rental performance and records can be made available to qualified buyers. Even better, the home is being offered fully furnished, with the furnishings included in the asking price. The furniture is newer, and TVs are installed throughout the bedrooms and entertainment areas, making this a truly turnkey opportunity. Whether you’re looking for a primary residence, Florida getaway, lake property, or established short-term rental investment, this home combines extensive renovations, outdoor living, water access, and income potential in one unique package. Turnkey, furnished, renovated, and ready for its next owner.
See more
FeaturesGeneralSewer Septic Tank
Heating Central Electric
Cooling Central Air
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Water Available Water Connected
Roof Metal
Appliances Dishwasher Disposal Dryer Electric Water Heater Microwave Range Hood Refrigerator Washer
Zoning RES
Pool Features Heated In Ground Indoor Screen Enclosure
Construction Materials Block
Year Built 1968
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Freshwater
County Sumter
New Construction false
Property Type Residential
Subdivision Name PANASOFFKEE RETREATS
Facing Direction North
Garage Y/N false
Total Rooms 5
Full Baths 3
Status Active
Directions Tour to the Right with direction to Sumter County Rd 485 410 feet Tour to the left with direction to Sumter County Rd 485a The destination is on the left.
City LAKE PANASOFFKEE
Senior Community Y/N false
MLS Area 33538 - Lake Panasoffkee
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1902.01
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5158664
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 46
Legal Description LOTS 46 & 47 BLK 1 PANASOFFKEE RETREATS PB 3 PG 10
Water View Canal
Water Access Type Lake
Minimum Lease No Minimum
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
See more
InteriorInterior Amenities Ceiling Fan(s) Eating Space In Kitchen Living Room/Dining Room Combo Open Floorplan Thermostat Walk-In Closet(s)
Flooring Luxury Vinyl Tile
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Closet
Total Bedrooms 4
Total Baths 3
See more
ExteriorExterior Amenities Lighting Private Mailbox Storage
Water Source Public
Lot Size Area 10000
Foundation Details Crawlspace Slab
Building Area Total 1876
Lot Dimensions 100 x 100
Lot Size Acres 0.23
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,210
- Monthly Property Taxes
- $159
- 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 NearbySingle family listings in Lake Panasoffkee, FL
Average List Price $359,969
Percent of Sale Price 3%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/2/2026 | $350,000 | | Listed Price |