For sale

$50,000

1318 CR 461, LAKE PANASOFFKEE, FL 33538

2beds

780sqft

Mobile Home

Built in 1976

3,750 Square Feet Lot

$-- Zestimate^®

$64/sqft

$14/mo HOA

What's special

Calling all investors, handymen, and visionaries, this Lake Panasoffkee gem is ready for its next chapter! Tucked into the established Leisure Time Estates community, this 2 bedroom, 2 bath home sits on a 3,750 sq ft lot just steps from the neighborhood’s private boat ramp with direct access to Lake Panasoffkee’s legendary fishing waters. This property needs a full remodel from top to bottom, a true blank canvas for the right buyer to bring their vision to life. Whether you’re looking to renovate a weekend fishing retreat, add to your investment portfolio, or create an affordable full time home in Central Florida, the bones and the location are here waiting for you.

26 days

328

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Built-in Closet
Level: First

Bedroom 2

Features: Built-in Closet
Level: First

Bathroom 1

Level: First

Bathroom 2

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Central

Cooling

Central Air

Appliances

Included: None
Laundry: Inside

Features

Kitchen/Family Room Combo
Flooring: Carpet
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 3,746
Total interior livable area: 780 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Driveway
Carport spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Enclosed
Exterior features: Sidewalk
Waterfront features: Freshwater Canal Access, Lake Privileges, Boat Ramp - Private

Lot

Size: 3,750 Square Feet
Dimensions: 50 x 83
Features: Level, Street Dead-End

Details

Additional structures: Shed(s)
Parcel number: J04E045
Zoning: RESI
Special conditions: None

Construction

Type & style

Home type: MobileManufactured
Property subtype: Mobile Home

Materials

Metal Frame
Foundation: Crawlspace
Roof: Metal

Condition

Fixer
New construction: No
Year built: 1976

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Features: Deed Restrictions
Pet fee: $0 monthly
Subdivision: LEISURE TIME MOBILE HOME ESTATES

HOA

Has HOA: Yes
Services included: None
HOA fee: $14 monthly
HOA name: Ron Schroeder

Location

Region: Lake Panasoffkee

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $22,290
Annual tax amount: $355
Date on market: 7/7/2026
Cumulative days on market: 27 days
Listing terms: Cash
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt, Paved
Body type: Single Wide

Patricia Sierra

(401) 225-9111

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Estimated market value

Not available

Estimated sales range

Not available

$1,299/mo

Price history

Date	Event	Price
7/7/2026	Listed for sale	$50,000-21.9%$64/sqft
Source: eXp Realty #O6423014 Report a problem
9/4/2020	Sold	$64,000-8.4%$82/sqft
Source: Public Record Report a problem
8/21/2020	Pending sale	$69,900$90/sqft
Source: FLORIDA REALTY INVESTMENTS #G5030124 Report a problem
6/10/2020	Listed for sale	$69,900+79.2%$90/sqft
Source: FLORIDA REALTY INVESTMENTS #G5030124 Report a problem
2/18/2013	Sold	$39,000$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$356	$11,480 +2.9%
2024	$356 +184.5%	$11,160 +3%
2023	$125 +0.8%	$10,840 +2.9%
2022	$124	$10,530 +2.9%
2021	$124 -68.9%	$10,230 -55.2%
2020	$399	$22,840
2019	$399 -1.7%	$22,840 +10.8%
2018	$406 +14.8%	$20,620 -11.5%
2017	$354 -6.8%	$23,290 +21.4%
2016	$380 +8.9%	$19,180 +1.2%
2015	$348 -0.4%	$18,960
2014	$350 -2%	$18,960 -37.7%
2013	$357	$30,430 -0.1%
2012	--	$30,450 -0.1%
2011	--	$30,470 +4.1%
2010	--	$29,280 -1.5%
2009	--	$29,740 -2.8%
2008	--	$30,602
2007	--	$30,602 +16.3%
2006	--	$26,302 +2.9%
2005	--	$25,552 +12.3%
2004	--	$22,752 +10.2%
2003	--	$20,652 +1%
2002	--	$20,452 +1%
2001	--	$20,252 +1.5%
2000	--	$19,952 +11.1%
1999	--	$17,952

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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