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
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Bathroom 1 | 6x15 | First | |
| Great Room | 22x16 | First | |
| Kitchen | 22x15 | First | |
| Living Room | First | ||
| Master Bedroom | 13x12 | First |
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
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
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active
Friends & Family
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