2886 N C 470, LAKE PANASOFFKEE, FL 33538

Description of 2886 N C 470, LAKE PANASOFFKEE, FL 33538

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 approved plots for up to 13 single-family manufactured homes along the canal front and outlet river, or 8 "cottages" 600-800 sq ft in size, already plotted by the county. All approved site plans are recorded with the county, and available to interested buyers upon request to the listing agent. This site is perfect for transforming into a picturesque waterfront, river access, income producing community. Currently, the property includes one home and five mobile home, Three of the mobile homes are in disrepair and will require removal, one is a lot lease and one is rented. The site build home has a new roof replaced in 2025, and new flooring throughout. 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.

Property Details for 2886 N C 470, LAKE PANASOFFKEE, FL 33538

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Ceiling Fan(s)

Appliances

Range, Refrigerator

Flooring

Luxury Vinyl

Heating

Central

Cooling

Central Air

Furnished

Unfurnished

Pool Private

No

Direction Faces

Southeast

Building Information for 2886 N C 470, LAKE PANASOFFKEE, FL 33538

Building Area Total

1264

Building Area Units

Square Feet

Association

No

Property Information for 2886 N C 470, LAKE PANASOFFKEE, FL 33538

Lot Size Square Feet

94,090

Waterfront

Yes

Waterfront Features

Canal - Freshwater

View

No

Construction Materials

Other

Roof

Shingle

Exterior Features

Other

Sewer

Septic Tank

Water Source

Public

New Construction

No

Public Records for 2886 N C 470, LAKE PANASOFFKEE, FL 33538

Parcel Number

F31023

Tax Annual Amount

$3,631

Tax Year

2025

Tax Legal Description

BEG 1285.69 FT S 89 DEG 55 MIN 42 SEC W OF 1/4 SEC COR BETWEEN SEC 30 & 31 POINT BEIN G ON THE S R/W ST RD 470 SAID POINT ALSO BEING ON A CURVE CO NCAVE TO THE NE HAVING A RADIUS OF 956.87 FT THENCE WIT H A CHORD BEARING N 63 DEG 46 MIN 55SEC W 241.2 9 FT TO THE P.C. OF SAID CURVE S 31 DEG 17 MIN 41 SEC W 125.16 FT TO SEC LINE 277.50 FT FROM POB S 38 DEG 38MIN 45 SEC W 17.78 FT T O C/L OF A CANAL AT N/LY END THENCE ALONG C/L S 38 DEG 38 M IN 45 SEC W 155.61 FT S 59 DEG 54 MIN W 126.52 FT N 85 DE G 47 MIN W 117.47 FT N 55 DEG 40 MIN W 235.48 FT TO THE E/LY BA NK OF PANASOFFKEE RIVER S 48 DEG 28MIN 22 SEC W 105.89 FT ALONG THE MEANDERS OF RIVER TO R/W OF OLD ROAD ALONG R/W S 55 DEG 40 MIN E 230.41 FT S 72 DEG 42SEC E 120.84 FT N 85 DE G

Zoning

RPUD

County Or Parish

Sumter

Schools Near 2886 N C 470, 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.

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