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1198 CR 464, Lake Panasoffkee, FL, 33538 | $190,000
Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space!
Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced . 47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions.
The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value.
The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility.
Outside you'll find plenty of room to: ? Park boats, RVs, or trailers
? Add a garden or outdoor entertainment area
? Store work equipment
? Expand in the future
Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa.
Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point.
Property Features: • . 47 acre fenced lot
• Solar power system
• Detached garage with finished flex space (unpermitted conversion)
• Storage shed
• No HOA
• Boat/RV parking
• Quiet country setting
Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.
Features
- Rooms: 4
- Bedrooms: 1
- Baths: 1 full
- Lot Size: 105 x 210
- Laundry: Outside
- Style: Contemporary
- Year Built: 1958
- Heating: Propane
- Cooling: Wall/Window Unit(s)
- Approx Sq. Feet: 792
- Acreage: 0.47
- Lot Size: 105 x 210
- Est. Taxes: $848
- Elem. School: Lake Panasoffkee Elementary
- Middle School: South Sumter Middle
- High School: South Sumter High
- Appliances: Dryer, Range, Refrigerator
- MLS#: TB8487387
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/TB8487387/1198cr464_lakepanasoffkee_fl?source=qrflyer
Listing courtesy of Dalton Wade Inc Phone: 888-668-8283
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.
Customer Service
888.699.8876
Contact@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.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@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
1198 CR 464, Lake Panasoffkee, FL, 33538
$190,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $152,000 | $152,000 | $152,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $71 | $71 | $71 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $910 | $948 | $1,252 |
| Total Monthly Payment | $1,056 | $1,094 | $1,398 |
* 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