$190,000
1198 Cr 464 Lake Panasoffkee, FL 33538
For Sale MLS# TB8487387
1 beds 1 baths 792 sq ft Single Family
Details for 1198 Cr 464
MLS# TB8487387
Description for 1198 Cr 464, Lake Panasoffkee, FL, 33538
Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space! Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions. The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value. The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility. Outside you'll find plenty of room to: ? Park boats, RVs, or trailers ? Add a garden or outdoor entertainment area ? Store work equipment ? Expand in the future Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa. Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point. Property Features: • .47 acre fenced lot • Solar power system • Detached garage with finished flex space (unpermitted conversion) • Storage shed • No HOA • Boat/RV parking • Quiet country setting Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 1
Bathrooms: 1
Lot Size: 0.47 Acres
Square Feet: 792 sq ft
Year Built: 1958
Stories: 1 Story
Construction: Concrete,Vinyl Siding,Wood Frame
Construction Display: New Construction
Subdivision: Marsh Acres
Foundation: Slab
County: Sumter
Construction Status: New Construction
School Information
Elementary: Lake Panasoffkee Elementary
Middle: South Sumter Middle
High: South Sumter High
Room Information
Main Floor
Kitchen:
Living Room:
Primary Bathroom:
Primary Bedroom:
Bathrooms
Full Baths: 1
Additonal Room Information
Laundry: Outside
Interior Features
Appliances: Dryer, Range, Refrigerator
Flooring: Carpet,Tile,Wood
Doors/Windows: Blinds
Additional Interior Features: Eat-In Kitchen, Ceiling Fan(s)
Utilities
Water: Well
Sewer: Septic Tank
Other Utilities: Cable Available,Electricity Available,Propane,Water Available
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Propane
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 105x210
Fencing: Chain Link
Additional Exterior/Lot Features: Rain Gutters, Deck, Landscaped
Out Buildings: Garage Apartment, Shed(s)
Driving Directions
From Exit 321 of I75, Take CR 470 NW to CR 464, Turn right to property immediately on left.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: J05-009
Tax Amount: 848.43
Tax Year: 2025
A broker reciprocity listing courtesy: DALTON WADE INC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1198 Cr 464
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1198 Cr 464
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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