2634 CR 416N, Lake Panasoffkee, FL, 33538 | $359,900

TEN Peaceful Acres!! You will find your slice of paradise tucked away on the outskirts of town with the property mostly wooded and lined with trails. Spend your afternoons watching the wildlife, scouting the land for hunting season, entertaining friends & family on the back patio & outdoor kitchen, or picking your fresh oranges & tangerines for a light snack. Meticulously Maintained. . . this cute, quiet, and quaint 1352 SqFt manufactured home features 3 Bedrooms, 2 Bathrooms, 2 Living Areas, and even more square footage attached in the form of a Screened Porch and Bonus Room that could be used for Crafts, as an Office, or just Extra Storage. Updates include New Roof (2024) with transferable warranty, Whole House Re-plumbed (2022), New Duct-work, New Flooring in the bedrooms & bathrooms, and Fresh Paint throughout. Feel free to get some plinking in, or fire up the table-saw and craft away in your workshop/garage. Enjoy the property how you want to, without the restrictions of others nearby. This truly is, your own slice of paradise. The Town of Lake Panasoffkee offers an A+ Elementary School, Amazing Local Restaurants, and a true spring fed lake that is one of Florida's best hot spots for large mouth bass, bluegill, sunfish, and catfish. The property nearly backs up to the Jumper Creek Wildlife Management Area, and you're less than a mile to Marsh bend outlet park which grants access to both the Lake and the Withlacoochee River. Enjoy rural living while being minutes from I-75, allowing easy commute to Orlando, Gainesville, Tampa, and the Villages. This property is something you truly need to see for yourself, schedule an appointment today! (Equal Opportunity Housing)

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1985
  • Garage: 3-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,352
  • Acreage: 10
  • Est. Taxes: $1,651
  • Lot Desc: FloodZone, In County, Unincorporated, Zoned for Horses
  • View: Trees/Woods
  • Elem. School: Lake Panasoffkee Elementary
  • Middle School: South Sumter Middle
  • High School: South Sumter High
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: G5098045
  • Days on Market: 153 days
  • Website: https://www.raveis.com
    /prop/G5098045/2634cr416n_lakepanasoffkee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/15/2026 2:08:07 PM)

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Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

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2634 CR 416N, Lake Panasoffkee, FL, 33538

$359,900

Margaret Wilcox Team

Sales Associates

William Raveis Real Estate

Phone: 860.916.3517

WilcoxTeam@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $287,920 $287,920 $287,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.156% 5.396%
Monthly Tax Payment $138 $138 $138
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,635 $1,724 $2,296
Total Monthly Payment $1,848 $1,937 $2,509

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.