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$275,000 Just Listed

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  • Active
  • Business
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This commercial property is in two separate but adjoining parcels that are zoned heavy commercial with 1314 sq. ft. concrete block building. The property is in a great location for a business on busy CR 470 and only 1/4 mile from I-75. There is approximately 60ft frontage on CR 470 and approx. 300 ft on CR 490. There is quite a bit of property that is not built on to allow for expansion. The property is .354 acres.

Full Property Details for 131 N C 470

General

  • Price: $275,000
  • Taxes: $1,114 (2025)
  • Status: Active
  • Type: Business
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5109493
  • Updated: 3/13/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Complex Features: Bathrooms

Location

  • Area: 33538 - Lake Panasoffkee
  • County: Sumter
  • Development Name: 33538 - Lake Panasoffkee
  • Subdivision: LAKE VIEW TERRACE
  • Driving Directions: From I-75 and CR 470 travel west to CR 490, turn right and property is on right.
  • Direction Faces: South

Community

  • Community Name: 33538 - Lake Panasoffkee

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Electricity Available

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Metal
  • Ceiling Type: Drywall
  • Ceiling Height: 8 to 9 Feet
  • Windows: Aluminum Frames
  • Stories/Levels: One
  • Square Feet: 900
  • Sq. Ft. Source: Public Records
  • Year Built: 1957

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,438
  • Lot Size: 15438
  • Lot Dimensions: 53 x 300
  • Frontage: County Road
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $1,114.43
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Sole Proprietor
  • Special Conditions: None
  • Legal Description: LOT 6 & 7 BLK 6 LAKEVIEW TERRACE PLAT BOOK 2PAGE 30
  • Flood Zone Info: X
  • APN: J16A096
  • Property ID: J16A096
  • Block/Lot/Section: 6

Listed by Sumter Realty

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Listing agents

— 131 N C 470 —

  • Sumter Realty

  • Sumter Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for 131 N C 470 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$275,000
450%
MLS
3/22/2001
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
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 for 131 N C 470

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,085
32%
$69,990
4%
2023
$820
-7%
$66,990
2%
2021
$883
9%
$65,670
—
2022
$808
-8%
$65,750
4%
2021
$883
4%
$63,390
17%
2019
$846
19%
$54,280
10%
2018
$708
10%
$49,350
10%
2017
$641
—
$44,870
2%
2016
$640
6%
$44,120
10%
2015
$602
98%
$40,110
—
2014
$304
-9%
$40,110
-7%
2013
$334
—
$43,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Sumter Realty

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131 N C 470, Lake Panasoffkee, FL 33538 (MLS# G5109493) is a Business property. 131 N C 470 is currently listed for $275,000 and was received on March 12, 2026. Want to learn more about 131 N C 470? Do you have questions about finding other Business 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.

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