2886 N C 470, LAKE PANASOFFKEE, FL

$425,000

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2

Beds

1

Bath

1,086

Square feet

2.16

Acres

About 2886 N C 470

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.

Features of 2886 N C 470

MLS® # G5115539
Price $425,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 1,086
Acres 2.16
Year Built 1978
Type Residential
Sub-Type Single Family Residence
Status Active
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Listing Details

OfficeFLAMINGO REAL ESTATE & MNGMT

Listing Map

Neighborhood Information for 2886 N C 470

Very Rapid Population Growth, Moderate Residential Turnover

Weather

Highs


January 71.20℉
July 92.00℉

Lows


January 71.30℉
July 71.30℉
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Precipitation


49.20

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Lake Panasoffkee Elementary School

Public - Preschool to 5Th Grade - Closest Elementry School
3 Miles
Great School

Sumter County Adult Center

Public - to
7 Miles
Great School

Wildwood Elementary School

Public - Preschool to 5Th Grade
8 Miles
Great School

Sumter Alternatives

Public - 6Th Grade to 12Th Grade
8 Miles
Great School

Wildwood Middle/ High School

Public - 6Th Grade to 12Th Grade - Closest Middle School
8 Miles
Great School

South Sumter High School

Public - 9Th Grade to 12Th Grade - Closest High School
9 Miles
Great School

Floral City Elementary School

Public - Preschool to 5Th Grade
9 Miles

School data provided by GreatSchools

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