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For sale
    • $190,000

    1198 CR 464, LAKE PANASOFFKEE, FL 33538

    1beds
    792sqft
    : 
    $1,200/mo
    Get pre-qualified
    Single Family Residence
    Built in 1958
    0.47 Acres Lot
    $-- Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Quiet country settingGreat natural lightCozy feelSeparate storage shed
    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.
    149 days
    |
    144
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Regina White 813-401-9217,

    DALTON WADE INC 888-668-8283

    Source: Stellar MLS,MLS#: TB8487387MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Garage Apartment
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      Primary bathroom
      • Features: Shower No Tub
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Propane
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dryer, Range, Refrigerator
      • Laundry: Outside
      Features
      • Ceiling Fan(s), Eating Space In Kitchen
      • Flooring: Carpet, Tile, Hardwood
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,232
      • Total interior livable area: 792 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Rain Gutters
      • Fencing: Chain Link
      Lot
      • Size: 0.47 Acres
      • Dimensions: 105 x 210
      • Residential vegetation: Trees/Landscaped
      Details
      • Additional structures: Shed(s)
      • Parcel number: J05009
      • Zoning: R2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1958

      Utilities & green energy

      • Electric: Photovoltaics Seller Owned
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Available, Propane, Water Available
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: MARSH ACRES
      HOA
      • Has HOA: No
      Location
      • Region: Lake Panasoffkee

      Financial & listing details

      • Price per square foot: $240/sqft
      • Tax assessed value: $91,270
      • Annual tax amount: $848
      • Date on market: 3/19/2026
      • Cumulative days on market: 5 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,258/mo

        Price history

        DateEventPrice
        3/19/2026Listed for sale$190,000+8.6%$240/sqft
        Source: Stellar MLS #TB8487387 Report a problem
        10/20/2022Listing removed--
        Source: Realtors Association of Citrus County #816005 Report a problem
        8/19/2022Listed for sale$174,900+150.2%$221/sqft
        Source: Realtors Association of Citrus County #816005 Report a problem
        4/2/2012Listing removed$69,900$88/sqft
        Source: LAKE PANASOFFKEE REALTY, INC #G4670319 Report a problem
        10/19/2011Listed for sale$69,900$88/sqft
        Source: LAKE PANASOFFKEE REALTY, INC #G4670319 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$848 +2%$37,660 +2.9%
        2024$832 +255%$36,600 +3%
        2023$234 +5.2%$35,540 +3%
        2022$223 +0.3%$34,510 +3%
        2021$222 +0.6%$33,510 +1.4%
        2020$221 $33,050 +2.3%
        2019$221 +3%$32,310 +1.9%
        2018$215 +8%$31,710 +2.1%
        2017$199 +2.5%$31,060
        2016$194 $31,060
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33538

        Getting around

        14 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lake Panasoffkee Elementary
        • Middle: South Sumter Middle
        • High: South Sumter High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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