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Sold for $265,000
  • $265,000

    2561 County Road 447, Lake Panasoffkee, FL 33538

    2beds
    1,116sqft
    SingleFamily
    Built in 1971
    0.36 Acres Lot
    $264,800 Zestimate®
    $237/sqft
    $1,411 Estimated rent

    Home value

    $264,800

    $249,000 - $281,000

    $1,411/mo

    Zestimate® history
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    $1,411/mo

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    $1,684/mo

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    $1,684/mo

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    What's special

    Rare waterfront double lotNew stuccoWasher and dryerDirect water frontageNew windowsDouble lot advantageLow-maintenance block home
    RARE WATERFRONT DOUBLE LOT on Lake Panasoffkee! ?? Fully Remodeled Home w/ Secure Gate. Perfect Airbnb Potential! Property Description: "A TRULY RARE FIND! INCOME POTENTIAL! Welcome to your completely modernized Florida waterfront paradise at 2561 CR 447, Lake Panasoffkee. Priced at $350,000, this exceptional offering includes a fully remodeled home plus the incredible value of an additional deeded, buildable lot. This property is an ideal personal residence, a low-maintenance WEEKEND GETAWAY, or a fantastic AIRBNB / VACATION RENTAL investment opportunity! Unbeatable Waterfront Lifestyle & Value: • Direct Water Frontage: Fish, kayak, and boat right from your own backyard! • Double Lot Advantage: The combined parcel gives you an oversized lot for unmatched privacy, RV/Boat storage, or the potential to build a second home or mother-in-law suite on the adjacent lot (Buyer to verify zoning). • Security & Privacy: Fully Fenced Yard with Remote Gate Access—perfect for pets, children, or securing boats/RVs. • LOW ANNUAL HOA! Enjoy the benefits of a well-maintained community for only $40.00 per year! [State what the HOA fee covers, e.g., community boat ramp, neighborhood entrance]. • NO CDD Fees and low annual costs! Turnkey & Worry-Free Features (Peace of Mind Included!): This is a low-maintenance Block Home that has been completely updated inside and out: • Home Details: Completely remodeled 2 Bedroom / 1 Bathroom layout featuring a bright Open-Plan Kitchen and Living Room. • Kitchen Highlight: Features a renovated kitchen with Whirlpool Stainless Steel Appliances. • New Roof (2019) with Transferable Warranty: Major expense already covered! • Insurance Savings! The roof is equipped with Wind Mitigation Clips for lower insurance premiums. • Exterior: New Stucco, New Windows, and fresh paint provide curb appeal and energy efficiency. • Protection: Includes a transferrable Termite Bond for worry-free ownership. Inclusions: • Whirlpool Stainless Steel Kitchen Appliances • Washer and Dryer The location provides easy access to I-75 and the Florida Turnpike, making trips to The Villages, Tampa, or Orlando convenient. Don't let this exclusive DOUBLE LOT waterfront opportunity slip away!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Microwave
    Features
    • Ceiling - Cathedral, Counters - Solid Surface, Laundry - Living Area
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,116 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.36 Acres
    • Features: Rectangle, Flat
    Details
    • Parcel number: F32H002
    • Zoning: RURM

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1971

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $3 monthly
    Location
    • Region: Lake Panasoffkee

    Financial & listing details

    • Price per square foot: $237/sqft
    • Tax assessed value: $109,040
    • Annual tax amount: $1,114

    Price history

    DateEventPrice
    12/26/2025Sold$265,000-18.5%$237/sqft
    Source: Public Record Report a problem
    12/6/2025Listed for sale$325,000-18.8%$291/sqft
    Source: Owner Report a problem
    8/13/2022Listing removed--
    Source: Owner Report a problem
    6/12/2022Price change$400,000-23.8%$358/sqft
    Source: Owner Report a problem
    5/31/2022Listed for sale$525,000+262.1%$470/sqft
    Source: Owner Report a problem
    12/13/2019Sold$145,000$130/sqft
    Source: Realtors Association of Citrus County #786424 Report a problem
    10/31/2019Pending sale$145,000$130/sqft
    Source: RE/MAX Realty One - CR #786424 Report a problem
    10/23/2019Listed for sale$145,000$130/sqft
    Source: RE/MAX Realty One - CR #786424 Report a problem
    10/15/2019Pending sale$145,000$130/sqft
    Source: RE/MAX Realty One - CR #786424 Report a problem
    10/11/2019Listed for sale$145,000$130/sqft
    Source: RE/MAX Realty One - CR #786424 Report a problem
    10/4/2019Pending sale$145,000$130/sqft
    Source: RE/MAX Realty One - CR #786424 Report a problem
    9/25/2019Listed for sale$145,000-23.7%$130/sqft
    Source: Homepath #5020939 Report a problem
    2/27/2016Listing removed$190,000$170/sqft
    Source: LAKE PANASOFFKEE REALTY, INC. #G4817824 Report a problem
    9/22/2015Listed for sale$190,000$170/sqft
    Source: LAKE PANASOFFKEE REALTY, INC. #G4817824 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,114 +3.2%$109,040 +1.6%
    2024$1,080 +32.9%$107,360 +3%
    2023$813 +4.3%$104,240 +2.2%
    2022$779 -5.2%$102,000 +2.7%
    2021$822 -1.6%$99,290 +1.4%
    2020$835 $97,920
    2019$835 -35.9%$97,920 +15.9%
    2018$1,304 +22.4%$84,500 +62.3%
    2017$1,065 +154.8%$52,050 +2.1%
    2016$418 +0.4%$50,980 +0.7%
    2015$416 -0.8%$50,630 +0.8%
    2014$420 -1.6%$50,230 +1.5%
    2013$427 $49,490 +1.7%
    2012-- $48,670 +3%
    2011-- $47,256 +1.5%
    2010-- $46,558 +2.7%
    2009-- $45,334 +0.1%
    2008-- $45,289 +3%
    2007-- $43,970 +2.5%
    2006-- $42,898 +3%
    2005-- $41,649 +3%
    2004-- $40,436 +1.9%
    2003-- $39,683 +2.4%
    2002-- $38,753 +1.6%
    2001-- $38,143 +3%
    2000-- $37,032 +2.7%
    1999-- $36,060
    Find assessor info on the county website

    Neighborhood: 33538

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $264,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $264,800