2886 N C 470, LAKE PANASOFFKEE, FL 33538
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties



Listed by:robbie shoemaker
Office:flamingo real estate & mngmt
MLS#:G5092914
Source:MFRMLS
Price summary
- Price:$399,900
- Price per sq. ft.:$268.75
About this home
Located in the heart of Lake Panasoffkee at the intersection of C-470 and County Road 414, this property offers a unique opportunity for waterfront residential development. With the potential to create up to 13 single-family lots along the canal front and outlet river, this site is perfect for transforming into a picturesque waterfront community.Currently, the property includes one home and one mobile home, both requiring TLC, along with three dilapidated mobile homes that need to be removed. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront views. County Road 414 provides direct access to a scenic walking bridge that overlooks the outlet and leads to Marsh Bend “Outlet” Park. This park is a local favorite, featuring a public boat ramp, walking trails, a beach volleyball court, picnic areas, fishing spots, grill stations, and a pet area, enhancing the appeal of this location for future residents. Discover the potential of this exceptional property and imagine the waterfront lifestyle it can offer. Call or email us today to explore all the development possibilities.
Contact an agent
Home facts
- Year built:1978
- Listing Id #:G5092914
- Added:181 day(s) ago
- Updated:August 14, 2025 at 07:33 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,086 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1978
- Building area:1,086 sq. ft.
- Lot area:2.16 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$268.75
- Tax amount:$3,601 (2024)
New listings near 2886 N C 470
- New$200,000Active3 beds 2 baths1,352 sq. ft.
1955 Cr 439c, LAKE PANASOFFKEE, FL 33538
MLS# TB8417625Listed by: KW REALTY ELITE PARTNERS - New$30,000Active0.44 Acres
Cr 426, LAKE PANASOFFKEE, FL 33538
MLS# G5100785Listed by: FLAMINGO REAL ESTATE & MNGMT - New$139,000Active4 beds 2 baths1,848 sq. ft.
3965 Cr 400, LAKE PANASOFFKEE, FL 33538
MLS# OM707499Listed by: WEST POINT REAL ESTATE - New$179,000Active0.3 Acres
LOT 6 Cr 463, LAKE PANASOFFKEE, FL 33538
MLS# G5098694Listed by: WORTH CLARK REALTY - $115,000Active1 beds 1 baths624 sq. ft.
1217 Cr 440a, LAKE PANASOFFKEE, FL 33538
MLS# G5100299Listed by: SUMTER REALTY - $315,000Active2 beds 2 baths1,532 sq. ft.
1251 Cr 436, LAKE PANASOFFKEE, FL 33538
MLS# FC311543Listed by: EXP REALTY LLC - $83,000Active2 beds 1 baths560 sq. ft.
2693 Cr 426f, LAKE PANASOFFKEE, FL 33538
MLS# G5099790Listed by: FLORIDA REALTY INVESTMENTS - $369,000Active5 beds 4 baths2,635 sq. ft.
1118 Cr 440, LAKE PANASOFFKEE, FL 33538
MLS# OM706488Listed by: GLOBALWIDE REALTY LLC - $223,500Active3 beds 2 baths1,062 sq. ft.
Lot 16 Indian Estates Cr 423, LAKE PANASOFFKEE, FL 33538
MLS# G5100066Listed by: FLAMINGO REAL ESTATE & MNGMT - $334,850Active4 beds 3 baths3,855 sq. ft.
1019 Co Rd 479, Lake Panasoffkee, FL 33538
MLS# 1048686Listed by: WATERMAN REAL ESTATE, INC.