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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.
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.
Key Features
- Built in 1958
- 0.47 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,016/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1198 CR 464
Lake Panasoffkee, FL 33538
MARSH ACRES
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
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 $823 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.47 acre lot. Interior Features: Ceiling Fans(s), Eat-in Kitchen. Exterior Features: Fencing, Rain Gutters.
This property is listed by Regina White and can be reached at 8134019217 or Reginawhitedaltonwade@gmail.com.





