# 1198 CR 464, Lake Panasoffkee, FL 33538 > **TL;DR:** 1bd/1ba single family, $190,000 ($240/sqft), built 1958, 792 sqft. > Solar, A/C. Est. $1,016/mo. Listed 229 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $190,000 | | Price/sqft | $240 | | Bedrooms | 1 | | Bathrooms | 1 full | | Square Feet | 792 | | Year Built | 1958 | | Lot Size | 20,473 sqft (0.47 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 229 | ## Why This Home Stands Out - **Solar Panels** - Solar panels listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $961 | | Estimated Insurance | $55 | | **Total** | **$1,016** | ## Nearby Schools - **Elementary:** Lake Panasoffkee Elementary - **Middle:** South Sumter Middle - **High:** South Sumter High ## Key Amenities - Solar - A/C ## Property Highlights - Built in 1958 - 0.47 acre lot ## Description ### Agent 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. ## Location - **Address:** 1198 CR 464, Lake Panasoffkee, FL 33538 - **County:** Sumter - **Neighborhood:** MARSH ACRES - **Coordinates:** 28.77837, -82.124041 - **Google Maps:** https://www.google.com/maps?q=28.77837,-82.124041 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/TB8487387 ## Listing Agent - **Name:** Regina White - **Brokerage:** Dalton Wade, Inc. - **Broker Phone:** (727) 888-4175 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1198-Cr-464_Lake-Panasoffkee_FL_33538_M54037-94805?f=listhub&s=MFRMLSFL&m=TB8487387&c=propsimple) ## Photos ![1198 CR 464 - Photo 1](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f811486656r.jpg) ![1198 CR 464 - Photo 2](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f424286433r.jpg) ![1198 CR 464 - Photo 3](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f2952187824r.jpg) ![1198 CR 464 - Photo 4](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f2479623480r.jpg) ![1198 CR 464 - Photo 5](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f3546047814r.jpg) ![1198 CR 464 - Photo 6](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f1852593216r.jpg) ![1198 CR 464 - Photo 7](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f1443462129r.jpg) ![1198 CR 464 - Photo 8](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f4260054337r.jpg) ![1198 CR 464 - Photo 9](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f3817764246r.jpg) ![1198 CR 464 - Photo 10](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f4230124658r.jpg) ![1198 CR 464 - Photo 11](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f2596878646r.jpg) ![1198 CR 464 - Photo 12](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f3115255978r.jpg) ![1198 CR 464 - Photo 13](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f905001988r.jpg) ![1198 CR 464 - Photo 14](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f383344711r.jpg) ![1198 CR 464 - Photo 15](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f431373685r.jpg) ![1198 CR 464 - Photo 16](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f1993052243r.jpg) ![1198 CR 464 - Photo 17](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f1809657327r.jpg) ![1198 CR 464 - Photo 18](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f3334066665r.jpg) ![1198 CR 464 - Photo 19](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f4243191276r.jpg) ![1198 CR 464 - Photo 20](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f1543900433r.jpg) ![1198 CR 464 - Photo 21](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f3574285432r.jpg) ![1198 CR 464 - Photo 22](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f3236535776r.jpg) ![1198 CR 464 - Photo 23](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f4015446010r.jpg) ![1198 CR 464 - Photo 24](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f211988916r.jpg) ![1198 CR 464 - Photo 25](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f1805547564r.jpg) ![1198 CR 464 - Photo 26](http://lh.rdcpix.com/5f53084dbc7c194702389ccdb34a9bccl-f267580333r.jpg) --- **MLS#:** TB8487387 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1198-cr-464-lake-panasoffkee-fl-33538-8ca278964c4b413d895efa84a942fd35) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1198-cr-464-lake-panasoffkee-fl-33538-8ca278964c4b413d895efa84a942fd35#listing", "url": "https://www.propertysimple.ai/listing/1198-cr-464-lake-panasoffkee-fl-33538-8ca278964c4b413d895efa84a942fd35", "name": "1198 CR 464, Lake Panasoffkee, FL 33538", "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. 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