LAKEFRONT RESTAURANT OPPORTUNITY AND HOUSE . This property has Multiple avenues of income. This is an active functioning Restaurant that the new owner can take over or rent out. Great property for events, weddings and parties also. The current family members have run the restaurant for 37 years. You have a 4,000 sq ft operating restaurant, a 1,700 sq ft Lakefront house that the family lives in next to the restaurant. Many Marinas and fish camps in the area so this is a perfect property to expand on, create a fantastic Lakefront Dining Experience, Host weddings and other Events, expand the lounge area which includes a full bar, offer lunch options, create a sports bar or change it to a seafood restaurant. Lots of ways to use the property and increase the income. You can live in or rent the house next door. The properties are kept in meticulous condition. Text 91083 to 46835 to get more details. A tremendous opportunity for someone. Property has the potential for great monthly income from this well known established business. New developments in the area on Lake Panasoffkee will certainly attract new customers and residents. The owners have a 3.2 Acre parcel in front of the restaurant they would consider selling for additional parking, RV parking and zoned for a small mobile home park. Contact us today for more details and a private viewing of this one of a kind property.
Sold for $800,000
Street View
$800,000
907 County Road 439b, Lake Panasoffkee, FL 33538
0beds
0baths
5,743sqft
Duplex
Built in 1957
0.85 Acres Lot
$820,900 Zestimate®
$139/sqft
$1,677 Estimated rent
Home value
$820,900
$690,000 - $952,000
$1,677/mo
Zestimate® history
Owner options
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Interior area
- Structure area source: Public Records
- Total interior livable area: 5,743 sqft
Property
Parking
- Parking features: Carport
Features
- Patio & porch: Front Porch
- Exterior features: Other, Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake
- Body of water: LAKE PANASOFFKEE
Lot
- Size: 0.85 Acres
- Dimensions: 225x165
- Features: Street Paved, Oversized Lot, Level/Flat, Near Marina
Details
- Additional parcels included: f33-002
- Parcel number: F33004
- Zoning: RESTAURANT
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Canal/Lake For Irrigation
- Utilities for property: Public, Cable Available, BB/HS Internet Available
Community & HOA
Location
- Region: Lake Panasoffkee
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $544,030
- Annual tax amount: $7,982
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2023 | Sold | $800,000+45.7%$139/sqft |
Source: Public Record Report a problem | ||
| 12/1/2022 | Listing removed | -- |
Source: | ||
| 5/17/2022 | Listed for sale | $549,000+339.2%$96/sqft |
Source: | ||
| 10/5/2007 | Sold | $125,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,982 +4.4% | $544,030 +2% |
| 2024 | $7,646 +44.6% | $533,600 +10.7% |
| 2023 | $5,290 +13% | $482,130 +10% |
| 2022 | $4,682 +22.3% | $438,300 +47.9% |
| 2021 | $3,828 +2.9% | $296,250 -3.5% |
| 2020 | $3,718 | $307,080 -1.9% |
| 2019 | $3,718 +6.9% | $313,170 +4.3% |
| 2018 | $3,478 +16% | $300,270 +1.2% |
| 2017 | $2,999 +0.2% | $296,790 +12.7% |
| 2016 | $2,994 | $263,320 |
Find assessor info on the county website
Neighborhood: 33538
Nearby homes
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- $196,700-- bd-- ba936 sqft1019 County Road 439b, Lake Panasoffkee, FL 33538Off Market
- $115,9002 bd2 ba1.2k sqft952 County Road 439b, Lake Panasoffkee, FL 33538Off Market
Nearby schools
GreatSchools rating
- 8/10Lake Panasoffkee Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10South Sumter High SchoolGrades: 7,9-12Distance: 7.8 mi
- 7/10South Sumter Middle SchoolGrades: 6-8Distance: 12.1 mi
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Estimated market value
$820,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$820,900
- Florida
- Sumter County
- Lake Panasoffkee
- 33538
- 907 County Road 439b
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