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2886 N C 470, LAKE PANASOFFKEE, FL - photo 1

$425,000

2886 N C 470

LAKE PANASOFFKEE, FL 33538

Estimated payment $2,724/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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2Beds
1Baths
1,086Sq Ft
$391Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1978
94,090 sqft Lot

About This Home

Located in the heart of Lake Panasoffkee at the intersection of C-470 and County Road 414, this property offers a unique opportunity for waterfront residential development. With the approved plots for up to 13 single-family manufactured homes along the canal front and outlet river, or 8 "cottages" 600-800 sq ft in size, already plotted by the county. All approved site plans are recorded with the county, and available to interested buyers upon request to the listing agent. This site is perfect for transforming into a picturesque waterfront, river access, income producing community. Currently, the property includes one home and five mobile home, Three of the mobile homes are in disrepair and will require removal, one is a lot lease and one is rented. The site build home has a new roof replaced in 2025, and new flooring throughout. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront views. County Road 414 provides direct access to a scenic walking bridge that overlooks the outlet and leads to Marsh Bend “Outlet” Park. This park is a local favorite, featuring a public boat ramp, walking trails, a beach volleyball court, picnic areas, fishing spots, grill stations, and a pet area, enhancing the appeal of this location for future residents. Discover the potential of this exceptional property and imagine the waterfront lifestyle it can offer. Call or email us today to explore all the development possibilities.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:2
  • •Bathrooms:1
  • •Full bathrooms:1
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,086 sqft
  • •Total interior livable area:1,086 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:94,090 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1978

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Price history

DateEventPrice
2026-07-27T00:00:00.000ZListed for sale$425,000$391/sqft

Listing Agent

Kody Ondriezek

FLAMINGO REAL ESTATE & MNGMT

Brokerage Phone: 352-689-1000

Source: Stellar MLS · MLS #G5115539

Data Powered by Home Junction, Inc.