4 Beds
3 Baths
1,876 SqFt
4 Beds
3 Baths
1,876 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $186
Subdivision Panasoffkee Retreats
MLS Listing ID S5158664
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1968
Annual Tax Amount $1,902
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100x100
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Sumter
Community Panasoffkee Retreats
Area 33538 - Lake Panasoffkee
Zoning RES
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Luxury Vinyl, Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Lighting, Private Mailbox, Storage
Pool Heated, In Ground, Indoor, Screen Enclosure
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Waterfront Description Canal - Freshwater
View Y/N Yes
Water Access Yes
Water Access Desc Lake
Roof Type Metal
Exposure North
Garage false
Private Pool Yes
Building
Entry Level One
Foundation Crawlspace, Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5158664
Learn More About LPT Realty
Sales Executive License ID: SL3522272