2886 N C 470
Lake Panasoffkee, FL 33538
2
Bed
1
Bath
1,086Sqft
2.16Acres(Lot)
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 replac
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 2Bathroom Information
Total Baths: 1 Full Baths: 1Interior Features
Ceiling Fans(s) Roof: Shingle Appliances: Range, Refrigerator Laundry Features: OtherRoofing Information
Shingle -
Flooring Information
Flooring: Luxury Vinyl Construction Materials: Other -
Heating & Cooling
Heating: Central Cooling: Central Air Water front: 1 WaterSource: Public
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Building Information
Year Built: 1978 -
Exterior Features
Other Construction Materials: Other Foundation Details: Slab
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Lot Information
Lot Square Feet: 94090 Lot Acres: 2.16 Lot Size (SqMt): 8741Property Information
Property Type: Residential Sub Type: Single Family Residence
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Listing Price Information
Original List Price:$425000
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Tax Information
Tax Block: B Tax Book Number: . Tax Lot: 29 Tax Legal Description: BEG 1285.69 FT S 89 DEG 55 MIN 42 SEC W OF 1/4 SEC COR BETWEEN SEC 30 & 31 POINT BEIN G ON THE S R/W ST RD 470 SAID POINT ALSO BEING ON A CURVE CO NCAVE TO THE NE HAVING A RADIUS OF 956.87 FT THENCE WIT H A CHORD BEARING N 63 DEG 46 MIN 55SEC W 241.2 9 FT TO THE P.C. OF SAID CURVE S 31 DEG 17 MIN 41 SEC W 125.16 FT TO SEC LINE 277.50 FT FROM POB S 38 DEG 38MIN 45 SEC W 17.78 FT T O C/L OF A CANAL AT N/LY END THENCE ALONG C/L S 38 DEG 38 M IN 45 SEC W 155.61 FT S 59 DEG 54 MIN W 126.52 FT N 85 DE G 47 MIN W 117.47 FT N 55 DEG 40 MIN W 235.48 FT TO THE E/LY BA NK OF PANASOFFKEE RIVER S 48 DEG 28MIN 22 SEC W 105.89 FT ALONG THE MEANDERS OF RIVER TO R/W OF OLD ROAD ALONG R/W S 55 DEG 40 MIN E 230.41 FT S 72 DEG 42SEC E 120.84 FT N 85 DE G Annual Tax: $3631.44 Tax Year: 2025 Parcel Number: F31-023
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Virtual Tour
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School Information
Elementary School: Lake Panasoffkee Elementary Junior High School: South Sumter Middle Senior High School: South Sumter High -
Utility Information
Electricity Connected Sewer: Septic Tank Water Source: Public -
Location Information
Subdivision: PANASOFFKEE FOREST City: LAKE PANASOFFKEE Direction: From the intersection of CR 470 and SR 44, head south on CR 470 to Lake Panasoffkee. As soon as you cross the outlet bridge the property is located on the right. Look for sign!
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 557 County Road 487, Lake Panasoffkee, FL, 33538 | $284,500 | 3 | 2 | 1,396 | 1,396 SqFt |
| 645 Cr 485a, Lake Panasoffkee, FL, 33538 | $349,900 | 2 | 2 | 720 | 720 SqFt |
| 843 Cr 484, Lake Panasoffkee, FL, 33538 | $124,900 | 3 | 2 | 960 | 960 SqFt |
| 664 Cr 467, Lake Panasoffkee, FL, 33538 | $420,000 | 4 | 2 | 1,329 | 1,329 SqFt |
| 853 Cr 484, Lake Panasoffkee, FL, 33538 | $172,000 | 3 | 2 | 930 | 930 SqFt |
| 876 Cr 467, Lake Panasoffkee, FL, 33538 | $379,500 | 3 | 2 | 1,728 | 1,728 SqFt |
| 919 Cr 482d, Lake Panasoffkee, FL, 33538 | $249,900 | 3 | 2 | 1,513 | 1,513 SqFt |
| 942 Cr 461, Lake Panasoffkee, FL, 33538 | $149,400 | 2 | 2 | 784 | 784 SqFt |
| 1955 Cr 439c, Lake Panasoffkee, FL, 33538 | $170,000 | 3 | 2 | 1,352 | 1,352 SqFt |
| 1955 Cr439c, Lake Panasoffkee, FL, 33538 | $170,000 | 3 | 2 | -- |
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ByOwner last updated this listing 07/30/2026 @ 06:20
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