# 1198 CR 464, Lake Panasoffkee, FL 33538

> **TL;DR:** 1bd/1ba single family, $190,000 ($240/sqft), built 1958, 792 sqft.
> Solar. Est. $823/mo. Listed 74 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) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 74 |

## Why This Home Stands Out

- **Solar Panels** - Reduced energy costs

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $823 |
| **Total** | **$823** |

## Nearby Schools

- **Elementary:** Lake Panasoffkee Elementary
- **Middle:** South Sumter Middle
- **High:** South Sumter High

## Key Amenities

- Solar

## 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

## Listing Agent

- **Name:** Regina White
- **Brokerage:** DALTON WADE INC
- **Phone:** 8134019217
- **Email:** Reginawhitedaltonwade@gmail.com

## Primary Photo

![1198 CR 464 - Primary Photo](http://lh.rdcpix.com/5420b9202739269f2c287057188ec294l-f811486656r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/1198-cr-464-lake-panasoffkee-fl-33538-b8487387)*

---

**MLS#:** TB8487387 | **Updated:** 2026-06-18
**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.com/listing/1198-cr-464-lake-panasoffkee-fl-33538-b8487387)

---

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