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2992 N Country Road 470 - 48.6 AC For Sale in Lake Panasoffkee, FL 48.6 Acres of Agricultural Land Offered at $995,000 in Lake Panasoffkee, FL 33538
Investment Highlights
- Wooded with few open areas
- The Villages is to the East
- 5 minute drive time to I-75
- Ideal for Boating, fishing, and waterfront living
- Inverness to the West
Property Facts
| Price | $995,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 48.60 AC |
| Zoning | A10C, RR5, R4M | ||
| Price | $995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 48.60 AC |
| Zoning | A10C, RR5, R4M |
1 Lot Available
Lot
| Price | $995,000 | Lot Size | 48.60 AC |
| Price Per AC | $20,473.25 |
| Price | $995,000 |
| Price Per AC | $20,473.25 |
| Lot Size | 48.60 AC |
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 home—the latter currently rented—though 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, it’s about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether you’re 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.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $48,080 | Total Assessment | $237,770 |
Property Taxes
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2992 N Country Road 470 - 48.6 AC For Sale in Lake Panasoffkee, FL
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