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$350,000 Just Listed
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Property Description
Fully Renovated "¢ 5 Bedrooms "¢ 3 Bathrooms "¢ Pool "¢ Lake Access "¢ Turnkey Furnished Investment Property Welcome to 896 County Road 485A, Lake Panasoffkee, FL 33538, a beautifully renovated 5-bedroom, 3-bathroom home offering approximately 1,876 sq. ft. of living space, private pool, lake access, and an impressive list of recent upgrades. This property has undergone an extensive renovation, making it truly move-in ready. Improvements include renovated kitchen cabinetry and countertops, new flooring, updated plumbing, a new electrical panel and electrical components, new interior doors, and completely renovated bathrooms featuring new finishes and fixtures throughout. The home also received new insulation throughout, while the A/C system was replaced around 2022-2023. Outside, the property continues to impress. The pool was completely resurfaced last year, the metal roof is in excellent condition with no known leaks, and the windows are in great condition. The septic system was also completely replaced approximately two years ago using PVC components. One of the highlights of the property is the spacious backyard with lake access and a beautiful rear deck overlooking the water, creating an excellent setting for relaxing, entertaining, or enjoying the Florida lifestyle. The property also offers a large driveway and two storage units, providing plenty of additional space. Currently operated as an Airbnb/VRBO short-term rental, the property generates approximately $60,000 in annual gross rental revenue, offering an attractive opportunity for buyers looking for an established vacation rental or investment property. Rental performance and records can be made available to qualified buyers. Even better, the home is being offered fully furnished, with the furnishings included in the asking price. The furniture is newer, and TVs are installed throughout the bedrooms and entertainment areas, making this a truly turnkey opportunity. Whether you're looking for a primary residence, Florida getaway, lake property, or established short-term rental investment, this home combines extensive renovations, outdoor living, water access, and income potential in one unique package. Turnkey, furnished, renovated, and ready for its next owner.
Full Property Details
Full Property Details for 896 Cr 485A
General
- Price: $350,000
- Taxes: $1,902 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: S5158664
- Updated: 10/2/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Furnishings: Furnished
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Indoor, Screen Enclosure
Exterior
- Exterior Features: Lighting, Private Mailbox, Storage
Location
- Area: 33538 - Lake Panasoffkee
- County: Sumter
- Development Name: 33538 - Lake Panasoffkee
- Subdivision: PANASOFFKEE RETREATS
- Driving Directions: Tour to the Right with direction to Sumter County Rd 485 410 feet Tour to the left with direction to Sumter County Rd 485a The destination is on the left.
- Direction Faces: North
Community
- Community Name: 33538 - Lake Panasoffkee
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable TV Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,876
- Sq. Ft. Source: Public Records
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size: 10000
- Lot Dimensions: 100 x 100
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Tax Amount: $1,902.01
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 46 & 47 BLK 1 PANASOFFKEE RETREATS PB 3 PG 10
- Flood Zone Info: AE
- APN: J09A047
- Property ID: J09A047
- Block/Lot/Section: 1
Listed by La Rosa Realty Llc
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Price & Sales History for 896 Cr 485A
Date
Details
Price
Change
Source
10/02/2026
Listed
$350,000
288.89%
MLS
11/21/2022
Sold
$90,000
—
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 896 Cr 485A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,730
—
$142,630
8%
2024
$1,730
21%
$131,870
5%
2023
$1,424
—
$125,090
—
2022
$1,430
-8%
$125,580
1%
2021
$1,558
—
$124,150
11%
2021
$1,558
17%
$111,370
29%
2019
$1,329
33%
$86,100
10%
2018
$996
-3%
$78,280
—
2017
$1,026
-1%
$78,280
—
2016
$1,037
129%
$78,000
19%
2015
$452
-2%
$65,280
1%
2014
$459
1%
$64,770
1%
2013
$453
—
$63,820
—
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 896 Cr 485A
896 Cr 485A, Lake Panasoffkee, FL 33538 (MLS# S5158664) is a Single Family property with 4 bedrooms and 3 full bathrooms. 896 Cr 485A is currently listed for $350,000 and was received on October 02, 2026. Want to learn more about 896 Cr 485A? 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.

