Situated on a spacious 160' x 120' double corner lot, this older home offers exceptional potential for the right buyer. The property is high and dry, partially fenced, and provides ample room for future improvements or redevelopment. Located in an area that permits vacation rentals, the site presents an attractive opportunity for additional income generation once renovated.
The home does require repairs and upgrades and will be sold as-is, making it an ideal option for investors, builders, or buyers seeking a project with strong long-term upside.
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
Laundry Room
Subdivision:
PANACOOCHEE RETREATS
Heating:
Electric, Propane, Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Construction
Metal Siding
Utilities
Cable Connected, Electricity Connected, Propane, Water Connected
Elementary School:
Lake Panasoffkee Elementary
Middle School:
South Sumter Middle
High School:
South Sumter High
Appliances:
Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
2805 CR 423, Lake Panasoffkee, FL, 33538
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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