$64,900
2805 Cr 423
Lake Panasoffkee, FL 33538
Listing updated: April 14, 2026 at 9:13 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Situated on a spacious 160' x 120' double corner lot, this older home offers exceptional potential for the right buyer. The property is high and dry, partially fenced, and provides ample room for future improvements or redevelopment. Located in an area that permits vacation rentals, the site presents an attractive opportunity for additional income generation once renovated. The home does require repairs and upgrades and will be sold as-is, making it an ideal option for investors, builders, or buyers seeking a project with strong long-term upside.
Local Insight
At $90/sqft for a 1969 mobile home, you're getting the kind of price that reflects the age and construction type, but location-wise you're buying into direct lake access in a established fishing community where that matters more than the house itself—so your real value hinges on how much you prioritize being on 4,460 acres of spring-fed water versus owning a dated structure on 0.44 acres. The lack of HOA and flood zone X classification are both pluses for affordability and insurance, but a 55-year-old manufactured home with a single bathroom needs serious inspection and realistic expectations about renovation costs before you commit. If waterfront living and fishing access are your priorities over house condition, this pencils out; if you're looking for equity growth or modern conveniences, you're fighting an uphill battle.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history81 days on market
- Status: ActiveJan 24, 2026
- Listed$95,000Jan 23, 2026
- Price reduced$64,900
Facts & features
- Property type
- Residential
- Sub type
- Mobile Home
- Status
- Active
- Days on market
- 81
- Subdivision
- Panacoochee Retreats
- County
- Sumter
- Year built
- 1969
- Living area
- 720 sq ft
- Price/sq ft
- $90
- Building area
- 1,008 sq ft (Owner)
- Lot size
- 19,200 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $607 (2025)
- Parcel #
- F31B118
- Zoning
- RESI
- MLS #
- TB8466027
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Carpet, Vinyl
- Appliances
- Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Electric, Propane, Ductless
- Cooling
- Wall/Window Unit(s)
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1-7 Days
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Per County Regulations
Exterior & Construction
- Exterior features
- Awning(s), Storage
- Construction materials
- Metal Siding
- Roof
- Roof Over
- Foundation
- Crawlspace
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Propane, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 10x12 |
| Bedroom 2 | First | 8x9 |
| Kitchen | First | 8x11 |
| Dining Room | First | 14x11 |
| Living Room | First | 12x24 |
Listing Details
- Listing date
- 2026-01-19
- On market date
- 2026-01-23
- Original list price
- $95,000
- Occupant type
- Vacant
- MLS area
- 33538 - Lake Panasoffkee
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-01-24
- Tax legal description
- LOTS 10 & 11 BLOCK 14 PANACOOCHEE RET UNIT 2 PB 3 PG 14
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-75 and CR 470 travel west to CR 423, turn left and go to house on left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 14, 2026 at 9:13 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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