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$190,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1198 Cr 464
General
- Price: $190,000
- Taxes: $848 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8487387
- Updated: 3/20/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen
- Appliances: Dryer, Range, Refrigerator
- Furnishings: Furnished
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Outside
Exterior
- Exterior Features: Rain Gutters
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Location
- Area: 33538 - Lake Panasoffkee
- County: Sumter
- Development Name: 33538 - Lake Panasoffkee
- Subdivision: MARSH ACRES
- Driving Directions: From Exit 321 of I75, Take CR 470 NW to CR 464, Turn right to property immediately on left.
- Direction Faces: Northwest
School Information
- Elementary School: Lake Panasoffkee Elementary
- Middle School: South Sumter Middle
- High School: South Sumter High
Community
- Community Name: 33538 - Lake Panasoffkee
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable TV Available, Electricity Available, Propane, Water Available
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Exterior Const.: Concrete, Vinyl Siding, Wood Frame
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 792
- Sq. Ft. Source: Public Records
- Year Built: 1958
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,279
- Lot Size: 20279
- Lot Dimensions: 105 x 210
- Street/Road Desc.: Paved
- Fencing (Description): Chain Link
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $848.43
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG AT A PT 1156.43 FT W OF SE COR OF SE1/4 OF NE1/4 RUN N 210 FT E 105 FT S 210 FT W 150 FT TO POB OR 183 PG 681
- Flood Zone Info: X
- APN: J05009
- Property ID: J05009
Listed by Dalton Wade Inc
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Price & Sales History for 1198 Cr 464
Date
Details
Price
Change
Source
3/19/2026
Listed
$190,000
—
MLS
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 1198 Cr 464
Year
Property Taxes
Change
Tax Assessment
Change
2024
$832
—
$37,660
3%
2024
$832
256%
$36,600
3%
2023
$234
5%
$35,540
6%
2021
$222
—
$33,510
-3%
2022
$223
—
$34,510
4%
2021
$222
3%
$33,050
2%
2019
$215
8%
$32,310
2%
2018
$199
3%
$31,710
2%
2017
$194
-1%
$31,060
—
2016
$195
-1%
$31,060
—
2015
$196
-1%
$31,060
—
2014
$198
-16%
$31,060
-11%
2013
$235
—
$34,980
—
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 1198 Cr 464
1198 Cr 464, Lake Panasoffkee, FL 33538 (MLS# TB8487387) is a Single Family property with 1 bedroom and 1 full bathroom. 1198 Cr 464 is currently listed for $190,000 and was received on March 19, 2026. Want to learn more about 1198 Cr 464? 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.

