$190,000

1198 CR 464, Lake Panasoffkee, FL 33538

Active
1
Beds
1
Baths
792
Sq Ft
$239
Per Sq Ft
1958
Built
1
Days Listed

About This Property

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.

Property Details

TypeSingle Family Residence
PoolNo
WaterfrontNo
HOANo
Tax/yr$848

Listed by DALTON WADE INC · MLS# TB8487387

Similar Homes in 33538

View all Homes For Sale in 33538 →

Recently Sold in 33538

2903 CR 426E
$180,000
2903 CR 426E, 33538
3 bd · 2 ba · 1,352 sqft
Sold Jun 2026
3189 CR 419
$75,000
3189 CR 419, 33538
1 bd · 2 ba · 966 sqft
Sold Jun 2026
4777 CR 306A
$380,000
4777 CR 306A, 33538
3 bd · 3 ba · 2,244 sqft
Sold Jun 2026

Properties displayed may be listed or sold by various participants in the MLS


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-03-20.
IDX information is provided exclusively 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.
Schedule a Showing
Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
Browse More

Monthly Payment

Estimate your all-in monthly cost.

%
%
EST. MONTHLY PAYMENT

Estimate only. Taxes, insurance, and HOA may vary.

🔔

Get notified of similar listings

Be the first to know when a similar home hits the market.

Sign up free to get alerts

Already a member? Log in

Property photo
🤖

Rise AI Assistant

Ask anything about this listing