2886 N C 470, LAKE PANASOFFKEE, FL 33538

$399,900

Pending · 92 days on market · MLS# MFRG5092914

Bedrooms2
Bathrooms1
Living area1,086 sq ft
Lot size3.78 acres
Year built1978
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$3,601
CountySumter

About this home

Under contract-accepting backup offers. 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 potential to create up to 13 single-family lots along the canal front and outlet river, this site is perfect for transforming into a picturesque waterfront community.Currently, the property includes one home and one mobile home, both requiring TLC, along with three dilapidated mobile homes that need to be removed. 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.

Listing courtesy of Robbie Shoemaker, FLAMINGO REAL ESTATE & MNGMT. Presented by MC Homes Realty Inc · 727432218.

View photos, map and full details · Search more homes