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Presented by
The Residential Group |
2575 CR 422, Lake Panasoffkee, FL, 33538 | $205,000
Home with Bonus Room on Oversized Lot, with detached garage that has bathroom, and sleeping quarters.
This 2-bedroom, 1-bath home offers comfort, flexibility, and room to grow. A large bonus room—currently used as a third bedroom—adds versatile living space perfect for guests, an office, or a hobby room. The expansive lot includes a detached garage and a separate workshop with small living quarters attached—ideal for rental income, a home business, or multi-generational living. The detached garage also includes a generously sized concrete slab that extends from the building—perfect for potentially extending workshop, additional outdoor seating, parking, or even a future outdoor kitchen setup. Come update the bathroom the way that you would want it! The kitchen has been updated with nice tall custom wood cabinets and leads out to a screened back porch; a perfect spot for sipping on your coffee or ice cold beverage.
Stepping outside- situated on an oversized lot, this charming property features a completely fenced yard adorned with mature tropical plants, palm trees, and majestic oak that shades a cozy fire pit—perfect for relaxing evenings under the stars. Cool off in the above-ground pool or gather with friends in this spacious yard for ultimate outdoor enjoyment.
Located just minutes from multiple boat ramps, you’ll enjoy easy access to Lake Panasoffkee—famous for some of the best fishing in Florida. From the lake, travel down the scenic Withlacoochee River, known for viewing native wildlife in their natural habitat and seeing the beauty of old Florida.
Embrace small-town charm with the added convenience of being only minutes from The Villages, where you'll find free nightly entertainment, world-class golf, shopping, dining, and more. You’re also just a short drive to Florida’s beautiful west coast, offering waterfront dining, pristine beaches, kayaking adventures, fishing spots, and refreshing natural springs for unforgettable weekend getaways.
With quick access to I-75 and the Florida Turnpike, travel to Orlando’s theme parks and major airports is seamless. This home is the perfect blend of comfort, privacy, and access to the best of Florida living.
Equal Housing Opportunity
Features
- Rooms: 6
- Bedrooms: 2
- Baths: 1 full
- Lot Size: 150 x 120
- Laundry: Inside
- Year Built: 1964
- Garage: 1-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 983
- Acreage: 0.4
- Lot Size: 150 x 120
- Est. Taxes: $1,300
- Lot Desc: Oversized Lot
- Elem. School: Lake Panasoffkee Elementary
- Middle School: South Sumter Middle
- High School: South Sumter High
- Pool: Above Ground
- Appliances: Dishwasher, Microwave, Range
- MLS#: G5099383
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/G5099383/2575cr422_lakepanasoffkee_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Residential GroupREALTORS
TheResidentialGroup@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1500191
617.281.4872
Kate.Rockett@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2575 CR 422, Lake Panasoffkee, FL, 33538
$205,000
The Residential Group
REALTORS
William Raveis Real Estate
Phone: 617.426.8333
TheResidentialGroup@raveis.com
Kate Rockett
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $164,000 | $164,000 | $164,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $108 | $108 | $108 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $931 | $996 | $1,329 |
| Total Monthly Payment | $1,114 | $1,179 | $1,512 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388