About This Home

This 4-bedroom, 3-bathroom single family at 896 Cr 485a in Lake Panasoffkee, FL is listed for $350,000 ($187 per sqft). Built in 1968, the home offers 1,876 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1968
  • 0.23 acre lot
  • Waterfront

Property Details

3 full
1968

Amenities

WaterfrontView
Listing 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.

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

896 Cr 485a

Lake Panasoffkee, FL 33538

33538 - Lake Panasoffkee

Features & Amenities

Interior Features

Walk-In Closet(s)

Property Details

Flooring

VinylTile

Views

Lake

Heating

Electric (Heating)

Questions & Answers

This 4-bedroom, 3-bathroom single family at 896 Cr 485a is listed at $350,000 ($187/sqft). The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968, 0.23 acre lot, Waterfront. Interior Features: Walk-In Closet(s).

This property is listed by Luzmar Audrey Diaz Clavijo.

LC

Luzmar Audrey Diaz Clavijo

Agent at La Rosa Realty, Llc

Listed by La Rosa Realty, Llc · Broker phone: 321-939-3748 · View on Broker Site

MLS# 12013385· Source: My State MLS· 28 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

896 Cr 485a, Lake Panasoffkee, FL 33538

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