1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

2992 C 470 , LAKE PANASOFFKEE, FL 33538

Priced at Only: $995,000

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  • MLS#: G5110150 ( Land )
  • Street Address: 2992 C 470
  • Viewed: 6
  • Price: $995,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Freshwater
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 3
Description
Discover this stunning outlet river front property in Lake Panasoffkee! This unique 48.6 acre property is mostly wooded with a few open areas, featuring two ponds and several low lying spots. It includes a house and a mobile homethe latter currently rentedthough the true value lies in the expansive land. Free roaming horses add to the rural charm and scenic appeal. The largest parcel boasts split zoning of A10C and RR5, with the remaining three parcels zoned R4M, offering possibilities. With approximately 1,655 feet of frontage along the outlet and 1,125 feet on C 470, this property is ideal for fishing, boating, or simply enjoying waterfront living. By water, its about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether youre seeking a private retreat, a development opportunity, or a recreational haven, this property delivers. Easy access to restaurants, shopping, and major highways enhances the convenience of this one of a kind location. 5 minute drive to I 75 and conveniently close to SR 44 to the north. The popular community of The Villages is a short 20 minute drive to the east, while Inverness lies to the west. Orlando and Tampa are each just about an hour away, making this location perfect for both recreation and accessibility.
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  •   Home Insurance $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Sewer: None
  • Utilities: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Current Use: Agricultural
  • Legal Description: ALL GOV'T LOT 5 W OF SQUIRREL HAVEN SUBDLESS HWY R/W & LESS THAT PART OF GOV'T LOT 5 LYING S & W/LY OF SR 470 R/W & LESSTHAT PORTION LYING W OF THE FOLLOWING DESC LINE BEG 43.75 FT N & 599.62 FT W OF S1/4 COR OF SEC RUN N 19 DEG 35 MIN 21SEC W 699.12 FT N 18 DEG 05 MIN 31 SEC W 324.02 FT TO WATERS OF LAKE & END OF LINE
  • Area Major: 33538 - Lake Panasoffkee
  • Parcel Number: F30-011
  • View: Water
  • Zoning Code: A10C, R4M

Contact Info

Headshot for Associate Juan Torres
  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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