Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$215,000 -$33,000 (-13.31%) Price Reduced

  • For Sale
  • Active
  • Business
See This Home
Save This Home
See This Home
Save This Home
Huge price reduction!! 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: $215,000
  • Taxes: $1,114 (2025)
  • Status: Active
  • Type: Business
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5109493
  • Updated: 8/13/2026
  • Added to Site: 156 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

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 131 N C 470 —

  • Sumter Realty

  • Sumter Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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

Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$215,000
-13.31%
MLS
5/13/2026
Price Reduced
$248,000
-9.82%
MLS
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.

Estimate the Cost for 131 N C 470

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Sumter Realty

Just Listed near 131 N C 470

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2242 Cr 543, Sumterville, FL 33585 - Photo 1 Just Listed
$689,000

2242 Cr 543  Sumterville, FL 33585

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,565
    Sq. Ft.
Listed by Real Broker, Llc
1565 Texas Ave, Sumterville, FL 33585 - Photo 1 Just Listed
$260,000

1565 Texas Ave  Sumterville, FL 33585

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,303
    Sq. Ft.
Listed by Re/Max Premier Realty
1170 Cr 543B, Sumterville, FL 33585 - Photo 1 Just Listed
$540,000

1170 Cr 543B  Sumterville, FL 33585

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,410
    Sq. Ft.
Listed by Down Home Realty, Lllp
112 Lyonia Ln, Wildwood, FL 34785 - Photo 1 Just Listed
$197,000

112 Lyonia Ln  Wildwood, FL 34785

  • Mobile Home
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,664
    Sq. Ft.
Listed by Four Star Home Brokers, Inc.

Price Reduced near 131 N C 470

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4872 Evans St, Coleman, FL 33521 - Photo 1 Price Reduced
-$24,000 (-10.96%)
$195,000

4872 Evans St  Coleman, FL 33521

  • Mobile Home
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,352
    Sq. Ft.
Listed by Flamingo Real Estate & Mngmt
2756 NE 34th Rd, Coleman, FL 33521 - Photo 1 Price Reduced
-$10,000 (-5.03%)
$189,000

2756 NE 34th Rd  Coleman, FL 33521

  • Mobile Home
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,120
    Sq. Ft.
Listed by Flamingo Real Estate & Mngmt
1859 E C 470, Sumterville, FL 33585 - Photo 1 Price Reduced
-$25,000 (-3.58%)
$674,000

1859 E C 470  Sumterville, FL 33585

  • Commercial
  • Active
Listed by Flamingo Real Estate & Mngmt
1724 S US 301, Sumterville, FL 33585 - Photo 1 Price Reduced
-$1,501 (-1.33%)
$110,999

1724 S US 301  Sumterville, FL 33585

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 884
    Sq. Ft.
Listed by Beycome Of Florida Llc

Recent Sales near 131 N C 470

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

426 NW 5th Rd, Lake Panasoffkee, FL 33538 - Photo 1 Sold
$225,000

426 NW 5th Rd  Lake Panasoffkee, FL 33538

  • Mobile Home
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 960
    Sq. Ft.
Listed by Berkshire Hathaway Hs Florida
Sold by Florida Realty Investments
926 Cr 467, Lake Panasoffkee, FL 33538 - Photo 1 Sold
$210,000

926 Cr 467  Lake Panasoffkee, FL 33538

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 988
    Sq. Ft.
Listed and Sold by Florida Realty Investments
1015 Cr 463B, Lake Panasoffkee, FL 33538 - Photo 1 Sold
$235,000

1015 Cr 463B  Lake Panasoffkee, FL 33538

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,182
    Sq. Ft.
Listed by Duteau Realty Inc
Sold by Stellar Non-Member Office
1240 Cr 463, Lake Panasoffkee, FL 33538 - Photo 1 Sold
$200,000

1240 Cr 463  Lake Panasoffkee, FL 33538

  • Single Family
  • Closed
  • Updated 12 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,320
    Sq. Ft.
Listed and Sold by Florida Realty Investments

131 N C 470, Lake Panasoffkee, FL 33538 (MLS# G5109493) is a Business property. 131 N C 470 is currently listed for $215,000 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.

Tour this property