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Off market
  • $702,100

    965 Cr 439, Lake Panasoffkee, FL 33538

    --beds
    0baths
    --sqft
    Multi-Family
    Built in 2004
    -- sqft lot
    $702,100 Zestimate®
    $--/sqft
    $1,295 Estimated rent

    Home value

    $702,100

    $555,000 - $899,000

    $1,295/mo

    Zestimate® history
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    $4,408/mo

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    $4,408/mo

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    What's special

    Live your dream and own one of the most breathtaking Marinas in the state of Florida. Retired or still working and looking for an Income. This is a very versatile Property with numerous options for great income and return on your investment. Easy 13+% Net Cap Rate just from the rental cottages, R/V lots, and boat slip rentals without even including the on site restaurant income potential that is up and running. If the owner operates the restaurant and bait shop shemselves the numbers go up 30-40%. Waterfront restaurant features indoor and outdoor seating for up to 75 persons that could be rented out. Open as a catch and cook along with a menu restaurant. Your guest would love to eat what they caught.The restaurant has become extra income and a great asset to the area. There is a very nice 3/2 unit for the owners to live in, or choose a smaller unit and rent the larger one out. There are 28 boat slips, or 56 half slips for the average bass boat. Great income also comes in from the 11 units an upto 13 R/V lots on site. Start your own kayaking, canoeing, jet ski, paddle board or boat rental business or fishing tours. There are numerous ways to double your income possibilities.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Central
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 0.00

    Property

    Features
    • Patio & porch: Covered, Deck, Patio, Screened, Porch
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake
    • Body of water: LAKE PANASOFFKEE
    Lot
    • Size: 2.62 Acres
    • Dimensions: 218x524
    • Features: Cul-de-sac, In County, Street Paved, Street Dead-End, Sidewalk
    • Residential vegetation: Oak Trees, Mature Landscaping
    Details
    • Zoning: 5005, 5252

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-Family
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, BB/HS Internet Available

    Community & HOA

    HOA
    • Amenities included: Dock, Boat Slip, Private Boat Ramp
    Location
    • Region: Lake Panasoffkee

    Financial & listing details

    • Annual tax amount: $3,717
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/29/2020Sold$650,000-13.3%
    Source: Stellar MLS #A4173806 Report a problem
    12/9/2019Pending sale$749,900
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    7/22/2019Price change$749,900-11.8%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    2/28/2019Price change$849,900-5%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    10/11/2018Price change$895,000-10.1%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    8/13/2018Listed for sale$995,000-13.5%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    6/2/2018Listing removed$1,150,000
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    3/7/2018Listed for sale$1,150,000-11.5%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    2/1/2018Listing removed$1,300,000
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    8/1/2017Price change$1,300,000+4%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    1/9/2017Listed for sale$1,250,000+88%
    Source: ALL FLORIDA REALTY & AUCTION C #A4173806 Report a problem
    6/13/2016Sold$665,000-11.2%
    Source: Stellar MLS #A4141716 Report a problem
    5/8/2016Pending sale$749,000
    Source: ALL FLORIDA REALTY & AUCTION C #A4141716 Report a problem
    5/8/2016Listed for sale$749,000
    Source: ALL FLORIDA REALTY & AUCTION C #A4141716 Report a problem
    3/18/2016Listing removed$749,000
    Source: ALL FLORIDA REALTY & AUCTION C #A4141716 Report a problem
    1/7/2016Price change$749,000-6.3%
    Source: ALL FLORIDA REALTY & AUCTION C #A4141716 Report a problem
    9/28/2015Price change$799,500-11.1%
    Source: MORRIS REALTY AND INVESTMENTS #G4811807 Report a problem
    5/5/2015Listed for sale$899,500-9.6%
    Source: MORRIS REALTY AND INVESTMENTS #G4811807 Report a problem
    12/19/2014Listing removed$995,000
    Source: ALL FLORIDA REALTY & AUCTION C (266500029) #M5830583 Report a problem
    10/5/2014Price change$995,000-26.3%
    Source: ALL FLORIDA REALTY & AUCTION C (266500029) #M5830583 Report a problem
    4/29/2013Price change$1,350,000+8%
    Source: ALL FLORIDA REALTY & AUCTION C #M5830583 Report a problem
    2/3/2013Price change$1,250,000-7.4%
    Source: ALL FLORIDA REALTY & AUCTION C #M5830583 Report a problem
    1/13/2013Price change$1,350,000+8%
    Source: ALL FLORIDA REALTY & AUCTION C #M5830583 Report a problem
    9/27/2012Price change$1,250,000-7.4%
    Source: ALL FLORIDA REALTY & AUCTION C #M5830583 Report a problem
    7/21/2012Listed for sale$1,350,000
    Source: ALL FLORIDA REALTY & AUCTION C #M5830583 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33538

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $702,100
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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
    $702,100