by Global Lifestyle Properties

Check Availability
$350,000
● House - For Sale

896 CR 485A

LAKE PANASOFFKEE, FL 33538
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,876 Ft²
$1,878
Est. Monthly

About This Property

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.
Unit Size
1,876 Ft²
Days on Market
15 days
Land Size
0.23 acres
Price per sqft
$187
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1968

Listed By

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Last updated: 15 days ago (Stellar MLS #S5158664)

Price History

Date / Event Date Event Price
Oct 1, 2026 Listed by LA ROSA REALTY LLC $350,000
Listed by LA ROSA REALTY LLC
Jul 28, 2023 Sold
Sold
Nov 29, 2022 Sold
Sold
Oct 5, 2022 Listed by LA ROSA REALTY LLC $110,000
Listed by LA ROSA REALTY LLC
Apr 6, 2022 Sold
Sold
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Property Highlights

Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Thermostat
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Flooring Type: Luxury Vinyl, Tile
Laundry Features: Inside, Laundry Closet
Rooms: 5
Exterior Details
Square Footage: 1876
Square Footage Source: $0
Year Built: 1968
Waterfront Features: Canal Access
Building Area Total: 1876
Levels: One
Building Area Units: Square Feet
Construction Materials: Block
Pool Features: Heated, In Ground, Indoor, Screen Enclosure
Pool is Private
Lot Size Area: 10000
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Lot Size Dimensions: 100 x 100
Tax Lot: 46
Water Source: Public
Financial Details
Tax Annual Amount: $1,902
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 15
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 56
  • Porch Type: 77
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,876
  • Gross Building Area: 2,002
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PANASOFFKEE RETREATS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: LOTS 46 & 47 BLK 1 PANASOFFKEE RETREATS PB 3 PG 10

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 910401

Geography

  • Parcel: J09A047
  • Block: 1
  • Lot: 46,47
  • Meridian: SEC 9 TWN 20S RNG 22E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.7692
  • Longitude: -82.1178

    Address

  • Full Address: 896 Cr 485a
  • Address - House Number: 896
  • Address - Street Name: Cr 485a
  • State: FL
  • City Name: Lake Panasoffkee
  • Carrier Code: H001
  • 4-Digit Zip Code: 5828
  • Zip Code: 33538

Valuation

    Tax

  • Total Area: 1,958
  • Tax Year: 2023
  • Tax Amount: $142,360
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.0788
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 104,864
  • High Value: 113,137
  • Low Value: 96,591

    Market Valuation

  • Market Total Value: $125,090
  • Market Land Value: $12,500
  • Market Improvement Value: $112,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,090
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $112,590

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55295
  • Previous Sale Recording Date: Apr 06, 2022
  • Previous Sale Contract Date: Mar 21, 2022
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 896 County Rd 485A built and last sold?
The property at 896 County Rd 485A was built in 1968 and last sold on Nov 21, 2022 for $90,000.
How much is this home worth?
The estimated value of the home located at 896 County Rd 485A is $348,742.
What are some comparable homes to 896 County Rd 485A?
There are currently no comparable homes to 896 County Rd 485A.