2992 N C 470 , Lake Panasoffkee, FL 33538

$995,000

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Property Description

Discover this stunning outlet river-front property in Lake Panasoffkee! This unique 48.6-acre property is mostly wooded with a few open areas, featuring two ponds and several low-lying spots. It includes a house and a mobile home-the latter currently rented-though the true value lies in the expansive land. Free-roaming horses add to the rural charm and scenic appeal. The largest parcel boasts split zoning of A10C and RR5, with the remaining three parcels zoned R4M, offering possibilities. With approximately 1,655 feet of frontage along the outlet and 1,125 feet on C-470, this property is ideal for fishing, boating, or simply enjoying waterfront living. By water, it's about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether you're seeking a private retreat, a development opportunity, or a recreational haven, this property delivers. Easy access to restaurants, shopping, and major highways enhances the convenience of this one-of-a-kind location. 5-minute drive to I-75 and conveniently close to SR 44 to the north. The popular community of The Villages is a short 20-minute drive to the east, while Inverness lies to the west. Orlando and Tampa are each just about an hour away, making this location perfect for both recreation and accessibility.

2992 N C 470 | MLS# G5110150

This land located at 2992 N C 470 , Lake Panasoffkee, FL 33538 is currently listed for sale with an asking price of $995,000. The property has approximately 48.60 Acres. Search Lake Panasoffkee real estate on patsybradley.watsonrealtycorp.com today.

Property Features

Property Type: Land - Lot/Land
Lot Size: 48.60 Acres
Taxes: $2,767

Feature Descriptions

Directions: Coming from Wildwood, go West onto FL SR 44. Turn left onto N - CR 470. Go about 5 miles and property will be on your left. On CR 470 & CR 417.
Flood Zone Code: AE*
Frontage Canal Fresh: 1655
Home Warranty Y/N: No
Lot Dimensions: 48.6
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: None
Showing Instructions: Appointment Only
Special Sale Provisions: None
Special View Info: Water
Utilities: Other
Water: Well
Water Access: Canal - Freshwater
Water Access Y/N: Yes
Waterfront Features: Canal - Freshwater
Water View: Canal
Zoning: A10C, R4M

Listed By / Shown By

Listed By

Agency Name: SMITH & SMITH REALTY, INC.
Agency Contact: 352-748-5656

Shown By

Agent Name: Patsy Bradley
Agent Phone: (386) 689-4849
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 5,552.05 per month $5,031.26 Principal & Interest $230.58 Property Tax $290.21 Homeowner's Insurance

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