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$190,000

For Sale

8 months ago

1198 Cr 464, Lake Panasoffkee, FL

House

MLS® TB8487387

1 Bed

1 Bath

792 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 792 sqft
Garage 
Taxes $848
Days Active 231
Lot Size 0.47 Acres
Approx. Age 1958
Avg. Price Per Sqft $239
MLS® Number TB8487387

Property Address: 1198 Cr 464, Lake Panasoffkee, FL, 33538-5635

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberTB8487387
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
HeatPropane
A/CWall/Window Unit(s)

Extras

Rooms

Other:First FloorNot available
Kitchen:First FloorNot available
Living Room:First FloorNot available
Other:First FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$190,000List Price

Home Appraisal

This property is estimated to sell between: $168,000 and $201,000.
Similar properties in this area sold on average for: $168,166
Expected to sell very soon! Similar properties sold in 26 days. This home has been on eXp Realty for 231 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1198 Cr 464, Lake Panasoffkee, FL

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