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$225,000
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Property Description
A rare chance to own on Lake Panasoffkee with every major update already done! Wake up to open water views and end your day casting off the dock at sunset. This 2-bedroom, 2-bath lakefront home sits directly on 4,400-acre Lake Panasoffkee, one of the top bass fishing lakes in Central Florida. Offered fully furnished and move-in ready, it includes everything from linens and cookware to all large furniture pieces throughout. Interior living spaces were designed to take full advantage of the spectacular lake views, with an open layout connecting the living room, dining area, and kitchen. Sliding doors open to the lake, just steps from the private dock. Major improvements were completed in April 2025: new roof, new underbelly, and a new HUD-approved anchor system that allows FHA financing. The same project added new flooring, fresh interior paint, and new blinds. Important systems were upgraded in 2023, including the water heater, breaker panel, and A/C. Location puts you within roughly an hour of Orlando and the parks, Tampa and Busch Gardens, and Crystal River on the Gulf. Ocala is about forty minutes for the World Equestrian Center and Silver Springs State Park. Closer to home, enjoy airboat tours, fishing, and local spots like Catfish Johnny's, Big Bass Grill, and In & Out Grill. Lakefront properties with this level of updating, livability, and financing flexibility are hard to find. Nothing left to do but turn the key and take in the water from your private dock.
Full Property Details
Full Property Details for 426 NW 5th Rd
General
- Sold For: $225,000
- Taxes: $762 (2024)
- Status: Closed
- Type: Mobile Home
- Source: MidFloridaRegionalMLS
- MLS ID: OM712713
- Added to Site: 121 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Thermostat, Window Treatments
- Fireplace: Yes
- Fireplace(s): Decorative, Wood Burning
- Appliances: Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
- Furnishings: Furnished
- Flooring: Concrete, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Closet
Exterior
- Exterior Features: Sliding Doors, Storage
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 33538 - Lake Panasoffkee
- County: Sumter
- Development Name: 33538 - Lake Panasoffkee
- Subdivision: MAGNOLIA MANOR
- Driving Directions: from Ocala, take I75 south towards Tampa, take exit 321 to Lake Panasoffkee. Turn right onto E C 470 (CR-470 W), Turn right onto CR-486. Continue on NW 5th Rd. House is last house on the left.
- Direction Faces: Southeast
Community
- Community Name: 33538 - Lake Panasoffkee
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Septic Tank
- Water District: LAKE PANASOFFKEE
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Exterior Const.: Metal Siding
- Roof: Metal
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 960
- Sq. Ft. Source: Public Records
- Living Area: 960 Sq. Ft.
- Year Built: 1973
Manufactured Home
- Mobile Home Type: Double Wide
Lot Features
- Property View: Water
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,115
- Lot Size: 7115
- Street/Road Desc.: Limerock
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Name: LAKE PANASOFFKEE
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $762
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FROM SW COR OF NE1/4 RUN N 184 .58 FT N 74 DEG 28 MIN E 435.55 FT FOR POB RUN N 74 DEG 28 MIN E 75 FT TO WATERS EDGE N 95 FT TO CANAL W/LY ALONG CA NAL TO A PT N 18 DEG 45 MIN W 93 FT FROM BEG S/LY ALONG THIS LINE 93 FT TO POB ALSO AND UNDIVI1/152 IN T IN & TO FOL DE SC LAND W 50 FT LOT 17 BLK C MAGNOLIA MANOR ALSO E 150 FT O F S 312 FT OF SE1/4 OF NW 1/4 OR149 PG 714 OR 175 PG 17 4
- Flood Zone Info: AE
- APN: J09D006
- Property ID: J09D006
- Block/Lot/Section: C
Listed by Berkshire Hathaway Hs Florida
Sold by Florida Realty Investments
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Schools
Schools serving 426 NW 5th Rd
School District:Sumter County School District, Bushnell, FL
| Name | Grades | Distance |
|---|---|---|
Lake Panasoffkee Elementary School 790 Cr 482n, Lake Panasoffkee, FL 33538 | PK-5 | 0.7 mi |
South Sumter High School 706 North Main Street, Bushnell, FL 33513 | 9-12 | 6.4 mi |
South Sumter Middle School 773 Northwest 10th Avenue, Webster, FL 33597 | 6-8 | 10.4 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 426 NW 5th Rd
Date
Details
Price
Change
Source
2/20/2026
Sold
$225,000
-10%
MLS
11/02/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
426 NW 5th Road, Lake Panasoffkee, FL 33538 (MLS# OM712713) is a Mobile Home property that was sold at $225,000 on February 20, 2026. Want to learn more about 426 NW 5th Road? Do you have questions about finding other Mobile Home 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.

