Virtual TourMap

For SaleSingle Family ResidenceActive

896 Cr 485a

Lake Panasoffkee, FL 33538

$350,000

43 Days On Site

  • 4Beds
  • 3Baths3 full
  • 1,876Sq Ft
  • $187Per Sq Ft
  • 0.23Acres
  • 1968Built
Subdivision
Panasoffkee Retreats
County
Sumter
MLS®
S5158664

Overview

Fully Renovated • 5 Bedrooms • 3 Bathrooms • Pool • Lake Access • Turnkey Furnished Investment Property

Welcome to 896 County Road 485A, Lake Panasoffkee, FL 33538, a beautifully renovated 5-bedroom, 3-bathroom home offering approximately 1,876 sq. ft. of living space, private pool, lake access, and an impressive list of recent upgrades.

This property has undergone an extensive renovation, making it truly move-in ready. Improvements include renovated kitchen cabinetry and countertops, new flooring, updated plumbing, a new electrical panel and electrical components, new interior doors, and completely renovated bathrooms featuring new finishes and fixtures throughout. The home also received new insulation throughout, while the A/C system was replaced around 2022–2023.

Outside, the property continues to impress. The pool was completely resurfaced last year, the metal roof is in excellent condition with no known leaks, and the windows are in great condition. The septic system was also completely replaced approximately two years ago using PVC components.

One of the highlights of the property is the spacious backyard with lake access and a beautiful rear deck overlooking the water, creating an excellent setting for relaxing, entertaining, or enjoying the Florida lifestyle. The property also offers a large driveway and two storage units, providing plenty of additional space.

Currently operated as an Airbnb/VRBO short-term rental, the property generates approximately $60,000 in annual gross rental revenue, offering an attractive opportunity for buyers looking for an established vacation rental or investment property. Rental performance and records can be made available to qualified buyers.

Even better, the home is being offered fully furnished, with the furnishings included in the asking price. The furniture is newer, and TVs are installed throughout the bedrooms and entertainment areas, making this a truly turnkey opportunity.

Whether you’re looking for a primary residence, Florida getaway, lake property, or established short-term rental investment, this home combines extensive renovations, outdoor living, water access, and income potential in one unique package.

Turnkey, furnished, renovated, and ready for its next owner.

Listing Snapshot

Price
$350,000
Days On Site
43 Days
Bedrooms
4
Inside Area (SqFt)
1,876 sqft
Total Baths
3
Full Baths
3
Partial Baths
0
Lot Size
0.23 Acres
Year Built
1968
MLS® Number
S5158664
Status
Active
Property Tax
$1,902.01 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

10 items
Acres
0.23
Direction Faces
North
Foundation
Slab
Levels
One
Property Sub Type
Single Family Residence
Sewer
Septic Tank
SqFt Total
1,876
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Water Source
Public
Zoning
RES

Interior Features

13 items
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Basement
Crawl Space
Cooling
Central Air
Flooring
Tile
Furnished
Furnished
Heating
Central, Electric
Interior
Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
Laundry Features
Inside, Laundry Closet

Rooms

RoomDimensionsLevelFeatures
Bathroom 16x15First
Great Room22x16First
Kitchen22x15First
Living RoomFirst
Master Bedroom13x12First

Exterior Features

10 items
Construction Details
Block
Exterior
Lighting, Storage
Lot Features
Waterfront
Pool Features
Heated, In Ground, Indoor, Screen Enclosure, Private
Private Pool
Yes
Roof
Metal
View
Canal, Water
Waterfront
Yes
Waterfront Features
Canal Front, Lake Privileges
Waterview
Canal, Water

Community Features

3 items
MLS Area
33538 - Lake Panasoffkee
Township
20S
Roads
Asphalt

Location

896 Cr 485a, Lake Panasoffkee, FL 33538 · 33538 - Lake Panasoffkee

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Neighborhood & Commute

ZIP Code 33538

Median household income
$49,122
Income per person
$29,393
Households
3,027
Average household size
2.33
Median age
47.9

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

Friends & Family

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Listing courtesy of LA ROSA REALTY LLC (407) 724-9421

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-14 06:43 PM EST

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