Listing provided courtesy of DALTON WADE INCas Distributed by MLSGrid- MLS# MFRTB8487387MLS Provider

1198 CR 464LAKE PANASOFFKEE, FL 33538

Single Family · 1 Bed · 1 Full Bath · 792 Sq. ft. | 0.47 Acres
$190,000 Active

1198 CR 464 Overview

Time on Site:
103 days
Visits:
2

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.

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1198 CR 464 Facts & Features

  • Type Single Family
  • Sq. ft. 792
  • Price/Sq.ft. $240
  • Lot 0.47 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Lake Panasoffkee Elementary
  • Middle Or Junior School: South Sumter Middle
  • High School: South Sumter High

Green Features

  • Green Energy Generation: Solar

Building Information

  • New Construction: No
  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: Sumter
  • MLS Area Major: 33538 - Lake Panasoffkee
  • Subdivision Name: MARSH ACRES
  • Township: 20S

Tax Information

  • Tax Annual Amount: 848.43
  • Tax Year: 2025

General Information

  • Furnished: Furnished
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: J05-009
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R2

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1232
  • Building Area Units: Square Feet

General Information

  • Appliances: Dryer,Range,Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Carpet,Tile,Wood
  • Foundation Details: Slab
  • Heating: Propane
  • Interior Features: Ceiling Fans(s),Eat-in Kitchen
  • Laundry Features: Outside
  • Levels: One
  • Living Area: 792
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Window Features: Blinds

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.47
  • Lot Size Dimensions: 105x210
  • Lot Size Square Feet: 20279
  • Road Surface Type: Paved
  • Vegetation: Trees/Landscaped
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Concrete,Vinyl Siding,Frame
  • Direction Faces: Northwest
  • Patio And Porch Features: Deck
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Rain Gutters
  • Fencing: Chain Link
  • Other Structures: Shed(s)
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Cable Available,Electricity Available,Propane,Water Available

Room Information

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bathroom

  • Level: First
  • Features: Shower No Tub

Room: Primary Bedroom

  • Level: First

1198 CR 464 Neighborhood

Community

33538 (LAKE PANASOFFKEE) Demographics

51
Median Age
50
Population Density (per sq. mile)
20%
College Educated
$38,231
Estimated Median Income
1,733
Estimated Total Home Owners
470
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1198 CR 464 Market Data

Based on the last 30 days in this zip code

$234,644
Average List Price
$185
Average Price per Square Foot
7
Properties Sold
145
Average Days on Market
62
Properties for Sale
Calculations provided by Reliance Network

1198 CR 464 History

Date Event Value Agent
3/19/2026Source: My Florida Regional MLS Added to Database
March 19, 2026