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$350,000

4 Beds 3 Baths 1,876 SQFT 0.23 Acres
Type: Single Family

896 CR 485A
LAKE PANASOFFKEE, FL 33538

MLS#: S5158664
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: LA ROSA REALTY LLC with 321-939-3748. - 321-939-3748

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl, Tile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
Laundry FeaturesInside, Laundry Closet

General

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Building Area Units0 sqft
Carport Y/NNo
CityLAKE PANASOFFKEE
Construction MaterialsBlock
CoolingCentral Air
CountySumter
DirectionsTour to the Right with direction to Sumter County Rd 485 410 feet Tour to the left with direction to Sumter County Rd 485a The destination is on the left.
Facing DirectionNorth
Flood Zone CodeAE
Full Baths3
Garage Y/NNo
HeatingCentral, Electric
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOTS 46 & 47 BLK 1 PANASOFFKEE RETREATS PB 3 PG 10
LevelsOne
Living Area Units0 sqft
Lot Size Square Feet10,000 sqft
Lot Size UnitsSquare Feet
MLS Area33538 - Lake Panasoffkee
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Pool FeaturesHeated, In Ground, Indoor, Screen Enclosure
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NamePANASOFFKEE RETREATS
Tax Annual Amount$1,902
Tax Lot46
Tax Year2025
Total Rooms5
UtilitiesCable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Virtual TourClick here
Water Access TypeLake
Water Access Y/NYes
Water ViewCanal
Water View Y/NYes
Waterfront FeaturesCanal - Freshwater
Year Built1968
ZoningRES

Exterior

Building Area Total1,876 sqft
Exterior AmenitiesLighting, Private Mailbox, Storage
Foundation DetailsCrawlspace, Slab
Lot Dimensions100 x 100
Lot Size Acres0.23
Lot Size Area10,000 sqft
Private PoolYes
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$350,000

4 Beds 3 Baths 1,876 SQFT 0.23 Acres
Type: Single Family

896 CR 485A
LAKE PANASOFFKEE, FL 33538

MLS#: S5158664
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800