Map
Listed price in listed location currency (USD).
$425,000

210

MLS® G5115539

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1086 sqft
Garage 
Taxes $3,631
Days Active 108
Lot Size 2.16 Acres
Approx. Age 1978
Avg. Price Per Sqft $391
MLS® Number G5115539

Property Address: 2886 N C 470, Lake Panasoffkee, FL, 33538-4652

Average square foot calculated using Size range provided by listing agent.

Description

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 replaced in 2025, and new flooring throughout. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront views. County Road 414 provides direct access to a scenic walking bridge that overlooks the outlet and leads to Marsh Bend “Outlet” Park. This park is a local favorite, featuring a public boat ramp, walking trails, a beach volleyball court, picnic areas, fishing spots, grill stations, and a pet area, enhancing the appeal of this location for future residents. Discover the potential of this exceptional property and imagine the waterfront lifestyle it can offer. Call or email us today to explore all the development possibilities.
MLS® NumberG5115539
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Rooms

Living Room:First Floor10 × 10 ft
Other:First Floor11 × 11 ft
Kitchen:First Floor10 × 10 ft
Other:First Floor5 × 7 ft

Price History

Last Sold Price

$385,000$385K

Appreciation

--

Avg. Days Listed

91 days

Today, For Sale for $425,000

For Sale · 107 days

$425,000

MLS® G5115539

4 months ago

Not Sold Yet

July 2026, For Sale for $425,000

For Sale · 107 days

$425,000

MLS® G5115539

4 months ago

Not Sold Yet

May 2025, Sold for $385,000

Sold · 91 days

$385,000$399,900

MLS® G5092914

A year ago

Sold on May 16, 2025

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