IDX

Listed by Regina White · Courtesy of DALTON WADE INC · Agent MLS ID# MFR260061992 · Deemed reliable but not guaranteed. · Listing updated: Mar 20, 2026 · 11:58 PM

1198 CR 464

Lake Panasoffkee, Sumter, FL, 33538

Active

$190,000

$240/sqft

1Beds
1Baths
792Sq Ft
1958Built
1Days on Market

About this home

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.

Facts & Features

MFRTB8487387
$190,000
Active
1
1
1
0
792 sqft
0.4700
1958
Residential
Single Family Residence
Contemporary

Community Information

1198 CR 464
Marsh Acres
Lake Panasoffkee
Sumter
FL
33538
No

Amenities

N/A
N/A
No
No
No

Interior

Ceiling Fans(s), Eat-in Kitchen
Propane
Wall/Window Unit(s)
Tile, Carpet, Wood
N/A
N/A
Dryer, Refrigerator, Range

Exterior

Rain Gutters
Concrete, Vinyl Siding, Frame
Slab
Shingle
Chain Link
N/A

School Information

Lake Panasoffkee Elementary
South Sumter Middle
South Sumter High

Additional Information

March 19, 2026
1
R2
Northwest
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. DALTON WADE INC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 day on market

Listing updated: Mar 20, 2026 · 11:58 PM

Listed by: Regina White · 813-401-9217—DALTON WADE INC · 888-668-8283

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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