1198 CR 464, LAKE PANASOFFKEE, FL 33538

$190,0001 Beds1 Baths792 Sq. Ft.$240 / sq. ft.

LAKE PANASOFFKEE, FL 33538 · MLS# TB8487387 · Active · MARSH ACRES

Status
Active
Type
Single Family Residence
Year Built
1958
Days on Market
1
Lot Size
20,279 sqft
MLS #
TB8487387
County
Sumter

Description of 1198 CR 464, LAKE PANASOFFKEE, FL 33538

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.

Property Details for 1198 CR 464, LAKE PANASOFFKEE, FL 33538

Bathrooms Full
1
Bathrooms Half
0
Interior Features
Ceiling Fan(s), Eating Space In Kitchen
Appliances
Dryer, Range, Refrigerator
Flooring
Carpet, Tile, Hardwood
Heating
Propane
Cooling
Wall/Window Unit(s)
Furnished
Furnished
Architectural Style
Contemporary
Pool Private
No
Property Condition
Completed
Direction Faces
Northwest

Building Information for 1198 CR 464, LAKE PANASOFFKEE, FL 33538

Building Area Total
1232
Building Area Units
Square Feet
Association
No

Property Information for 1198 CR 464, LAKE PANASOFFKEE, FL 33538

Lot Size Square Feet
20,279
Waterfront
No
View
No
Construction Materials
Concrete, Vinyl Siding, Wood Frame
Roof
Shingle
Exterior Features
Rain Gutters
Sewer
Septic Tank
Water Source
Well
New Construction
No

Public Records for 1198 CR 464, LAKE PANASOFFKEE, FL 33538

Parcel Number
J05009
Tax Annual Amount
$848
Tax Year
2025
Tax Legal Description
BEG AT A PT 1156.43 FT W OF SE COR OF SE1/4 OF NE1/4 RUN N 210 FT E 105 FT S 210 FT W 150 FT TO POB OR 183 PG 681
Zoning
R2
County Or Parish
Sumter

Schools Near 1198 CR 464, LAKE PANASOFFKEE, FL 33538

Elementary School
Lake Panasoffkee Elementary
Middle School
South Sumter Middle
High School
South Sumter High

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Estimated Payment
$1,127/mo
Principal & Interest
$961
Property Taxes
$71
Home Insurance
$95

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

1198 CR 464, LAKE PANASOFFKEE, FL 33538 · See all Lake Panasoffkee homes for sale

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More information about 1198 CR 464, LAKE PANASOFFKEE, FL 33538

1198 CR 464 is a single family home for sale in LAKE PANASOFFKEE, FL 33538. This property was listed for sale on March 19, 2026 by DALTON WADE INC, it's currently listed at $190,000. This listing's school district is Sumter Public Schools. Nearby schools include Lake Panasoffkee Elementary, South Sumter Middle and South Sumter High. 1198 CR 464 is a 1-bed, 1-bath, 792 sqft single family home built in 1958.