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Investment Highlights

  • 0.26 AC Vacant Adjacent Lot
  • Income Producing
  • Fully leased property with the ability to add Storage Component
  • Upcoming growth and redevelopment in the area

Executive Summary

Located near Lake Panasoffkee, this 4,800 SF mixed-use property provides steady cash flow and.future upside. Three current tenants consist of a laundromat, and two residential units generating consistent monthly income.
The existing tenancy offers immediate, stable revenue. Flexible layout and CL zoning allow for a range of uses. This is ideal for investors and owner-users seeking a hybrid income model.
Included in the sale is an adjacent 0.26-acre parcel, creating a clear value-add. Whether utilized for outdoor storage, expansion, or future development (subject to zoning), the additional land enhances both functionality and long-term upside.
Strategically, the asset benefits from its proximity to The Villages, a fast-growing community. As development expands, Lake Panasoffkee sees more demand, new activity, and increasing investor interest. This property is positioned to benefit from the area’s growth trajectory.
This is a rare chance to acquire a mixed-use asset with multiple income streams and excess land.
The property offers exposure to a growing submarket, providing both immediate cash flow and long-term upside.
The property consists of 2 parcels, 1481 contains retail coin-operated laundry and 1413 is land that is tethered to 1413.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,800 SF
Year Built
1968
Price
$450,000
Price Per SF
$93.75
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
0.59 AC
Zoning
CL
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
F32K032
Land Assessment
$28,980
Improvements Assessment
$142,210
Total Assessment
$171,190
  • Listing ID: 39985890

  • Date on Market: 4/1/2026

  • Last Updated:

  • Address: 1481 CR 437, Lake Panasoffkee, FL 33538

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