About This Home

This 1-bedroom, 1-bathroom single family at 1198 CR 464 in Lake Panasoffkee, FL is listed for $190,000 ($240 per sqft). Built in 1958, the home offers 792 sqft of living space on a 0.47 acres lot.

Key Features

  • Built in 1958
  • 0.47 acre lot

Property Details

1 story
1 full
1958

Amenities

SolarA/C
Listing 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.

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

1198 CR 464

Lake Panasoffkee, FL 33538

MARSH ACRES

Features & Amenities

Interior Features

Ceiling Fans(s)Eat-in Kitchen

Exterior Features

Rain Gutters

Property Details

Flooring

WoodTileCarpet

Construction

Concrete Vinyl Siding Frame

Outdoor Features

Deck

Heating

Propane (Heating)

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

DryerRangeRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom single family at 1198 CR 464 is listed at $190,000 ($240/sqft). The estimated monthly payment is $1,016 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 0.47 acre lot. Interior Features: Ceiling Fans(s), Eat-in Kitchen. Exterior Features: Rain Gutters.

This property is listed by Regina White.

RW

Regina White

Agent at Dalton Wade, Inc.

Listed by Dalton Wade, Inc. · Broker phone: (727) 888-4175 · View on Broker Site · Broker website

MLS# TB8487387· Source: Stellar MLS· 225 days on PropertySimple

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.

1198 CR 464, Lake Panasoffkee, FL 33538

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