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$369,000
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Property Description
Welcome to 1118 CR 440 in Lake Panasoffkee, a rare find offering 5 bedrooms, 3.5 bathrooms, and over 2,600 sq. ft. of living space perfect for large families, multigenerational living, or those who love to entertain. This two-story home features a bright and open second floor with a large living room, four bedrooms, and two full bathrooms. The master suite includes its own private side porch accessed via a sliding glass door, ideal for peaceful mornings or quiet evenings. A front balcony adds charming curb appeal and extra space to relax. Downstairs, the first floor offers flexible living arrangements with an apartment-style layout featuring a private bedroom, living room, bonus room, kitchenette, and full bathroom-perfect as a second master suite, guest quarters, or in-law suite. This space also has direct access to the pool area, creating an effortless indoor-outdoor lifestyle. The home sits on a .39-acre lot, with two garage bays for parking and additional storage. Laundry hookups are located in the garage for convenience. Located just minutes from Lake Panasoffkee, this home includes deeded access to a private community boat ramp for a low $2/month HOA fee, making it ideal for boating and fishing enthusiasts. With easy access to I-75 and close proximity to The Villages, you'll enjoy a peaceful lifestyle with city conveniences nearby. Spacious, versatile, and full of potential this is the Lake Panasoffkee home you've been waiting
Full Property Details
Full Property Details for 1118 Co Rd 440
General
- Price: $369,000
- HOA FEE: $3/month
- HOA FEE FREQ.: Annually
- Taxes: $1,641 (2023)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM706488
- Updated: 7/31/2025
- Added to Site: 172 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Other
- Appliances: Range, Refrigerator
- Flooring: Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Other
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 33538 - Lake Panasoffkee
- County: Sumter
- Development Name: 33538 - Lake Panasoffkee
- Subdivision: TRACYS PT 3RD ADD
- Driving Directions: ?? From I-75, take Exit 321 toward CR 470 W. Head west on CR 470 for approximately 1.5 miles. Turn right onto CR 439 and continue for about 0.6 miles. Then turn left onto CR 440. Continue straight for approximately 0.3 miles — 1118 CR 440 will be on your left.
- Direction Faces: Southeast
Community
- Community Name: 33538 - Lake Panasoffkee
- Association: Yes
- Assoc. Name: TRACY POINT HOA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Exterior Const.: Block, Wood Siding
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 2,635
- Sq. Ft. Source: Public Records
- Year Built: 1974
Lot Features
- Property View: Pool
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 17,116
- Lot Size: 17116
- Lot Dimensions: 50 x 110
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $40
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $1,641.81
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 20 21 & 22 BLK 9 TRACYS PT 3RD ADD PB 2 PG 31 1/2
- Flood Zone Info: X
- APN: F32F184
- Property ID: F32F184
- Block/Lot/Section: 9
Listed by Globalwide Realty Llc
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Schools
Schools serving 1118 Co Rd 440
School District:Sumter County School District, Bushnell, FL
| Name | Grades | Distance |
|---|---|---|
Lake Panasoffkee Elementary School 790 Cr 482n, Lake Panasoffkee, FL 33538 | PK-5 | 1.4 mi |
South Sumter High School 706 North Main Street, Bushnell, FL 33513 | 9-12 | 8 mi |
South Sumter Middle School 773 Northwest 10th Avenue, Webster, FL 33597 | 6-8 | 12.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1118 Co Rd 440
Date
Details
Price
Change
Source
7/30/2025
Listed
$369,000
235.45%
MLS
10/06/2020
Sold
$110,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1118 Co Rd 440
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,528
54%
$259,340
77%
2023
$1,642
-13%
$146,110
-4%
2021
$1,877
10%
$151,810
—
2022
$1,703
-9%
$151,810
-18%
2021
$1,877
-17%
$184,690
12%
2019
$2,272
23%
$164,390
10%
2018
$1,854
10%
$149,450
10%
2017
$1,690
3%
$135,870
7%
2016
$1,646
10%
$126,840
10%
2015
$1,498
-3%
$115,310
—
2014
$1,541
-9%
$115,310
-6%
2013
$1,692
—
$122,360
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1118 Co Rd 440
1118 Cr 440, Lake Panasoffkee, FL 33538 (MLS# OM706488) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 1118 Cr 440 is currently listed for $369,000 and was received on July 30, 2025. Want to learn more about 1118 Cr 440? Do you have questions about finding other Single Family real estate for sale in Lake Panasoffkee? You can browse all Lake Panasoffkee real estate or contact a Coldwell Banker agent to request more information.

