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896 CR 485A, LAKE PANASOFFKEE, FL 33538

$350,000 · Active

MLS #S5158664

896 CR 485A, LAKE PANASOFFKEE, FL 33538
Price
$350,000
Status
Active
Bedrooms
4
Bathrooms
3
Living area
1,876 sq ft
Home type
Single Family Residence
Year built
1968
Lot size
0.23 acres
Full bathrooms
3
Half bathrooms
0
Private pool
Yes
Waterfront
Yes
New construction
No
HOA
No
55+ community
No
Levels
One
County
Sumter
Annual property taxes
$1,902.01
Subdivision
PANASOFFKEE RETREATS
Appliances & Equipment
Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range Hood · Refrigerator · Washer
Bathrooms
3 total bathrooms · 3 full bathrooms
Bedrooms
4 total bedrooms
Building
Built in 1968 · Living area: 1876 · Living area units: Square Feet · Building faces North · Levels: One · Construction Materials: Block
Cooling
Central Air
Exterior Features
Lighting · Private Mailbox · Storage
Floors
Luxury Vinyl · Tile
Foundation
Crawlspace · Slab
Heating
Central · Electric
Interior Features
Ceiling Fans(s) · Eat-in Kitchen · Living Room/Dining Room Combo · Open Floorplan · Thermostat · Walk-In Closet(s)
Laundry
Inside · Laundry Closet
Lot
0.23 acres · Dimensions: 100x100
Pool
Heated · In Ground · Indoor · Screen Enclosure
Property
Canal
Roof
Metal
Sewer
Septic Tank
Utilities
Cable Available · Cable Connected · Electricity Available · Electricity Connected · Water Available · Water Connected · Water Source: Public
Water Features
Canal - Freshwater

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About this home

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.

Courtesy of LA ROSA REALTY LLC 321-939-3748

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