$190,000
1198 Cr 464
Lake Panasoffkee, FL 33538
Listing updated: March 20, 2026 at 7:58 PM ET
Listing courtesy of Dalton Wade Inc · Regina White · MLS #TB8487387 · Active · 888-668-8283Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space! Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions. The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value. The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility. Outside you'll find plenty of room to: ? Park boats, RVs, or trailers ? Add a garden or outdoor entertainment area ? Store work equipment ? Expand in the future Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa. Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point. Property Features: • .47 acre fenced lot • Solar power system • Detached garage with finished flex space (unpermitted conversion) • Storage shed • No HOA • Boat/RV parking • Quiet country setting Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.
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 history1 days on market
- Status: ActiveMar 19, 2026
- Listed$190,000Mar 19, 2026
- Price increased$190,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Marsh Acres
- County
- Sumter
- Year built
- 1958
- Living area
- 792 sq ft
- Price/sq ft
- $240
- Building area
- 1,232 sq ft (Public Records)
- Lot size
- 20,279 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12119C0138D)
- Annual taxes
- $848 (2025)
- Parcel #
- J05-009
- Zoning
- R2
- MLS #
- TB8487387
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Carpet, Tile, Wood
- Appliances
- Dryer, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Eat-in Kitchen
- Laundry
- Outside
- Stories / Levels
- One
- Direction faces
- Northwest
Heating & Cooling
- Heating
- Propane
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- No
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Rain Gutters
- Construction materials
- Concrete, Vinyl Siding, Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Cable Available, Electricity Available, Propane, Water Available
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 | |
| Primary Bathroom | First | |
| Living Room | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-03-19
- On market date
- 2026-03-19
- Original list price
- $190,000
- Occupant type
- Owner
- MLS area
- 33538 - Lake Panasoffkee
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-19
- Tax legal description
- BEG AT A PT 1156.43 FT W OF SE COR OF SE1/4 OF NE1/4 RUN N 210 FT E 105 FT S 210 FT W 150 FT TO POB OR 183 PG 681
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 Exit 321 of I75, Take CR 470 NW to CR 464, Turn right to property immediately 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 March 20, 2026 at 7:58 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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