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2436 Cr 416n, Lake Panasoffkee, FL 33538

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For Sale
Sale Pending

$1,800,000

2 beds • 2 baths • 3,206 sqft

Estimated Payment

$ 9,342 /mo. †

6.63% APR for 30 yrs.
$1,400 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $561.45
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

Under contract-accepting backup offers. Great rural location/neighbors. 78 acres that back up to nature preserve. Beautiful grandfather oaks and wildlife including cows, deer, wild turkey among others. House is situated on a fenced five acre plot with electric gate. Set back two tenths of a mile from road. House has two fireplaces. One is wood burning and the other is propane. Large screened porch (@ 8 x 20)is off the master bedroom accessed by recessed sliding glass doors. Surrounded by beautiful pastures that are fenced and cross fenced. Good access to Turnpike,I75 and CR 44. Easy drive to Orlando and Tampa. Neighboring towns include Bushnell, Inverness,Villages and Ocala. Property is zoned AG and has a greenbelt. Tax office estimates future annual taxes at approximately $3500. There are two wells on the property. One is a six inch well that can be utilized for agriculture endeavors. House includes a two car attached garage and a large screened wrap around porch (@ 57 x 10)with a wrap around of an additional 16 feet that contains a hot tub. Cooking capabilities including a propane hooded grill and wood burning grill. Three out door sheds. There is a wet bar/recreation room off living room. Can also be used as an additional bedroom. This is one of the prime properties and locations in Sumter County. PROPERTY CAN BE DIVIDED TO INCLUDE +/- 40 ACRES FOR A REDUCED PRICE.
MLS# G5050850

Courtesy Of Lawhun Enterprises, LLC

(407) 207-2220

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Wet Bar, Ceiling Fan, Security System, Security System
  • Appliances
    Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stucco, Vinyl Siding
  • Floor Covering
    Brick, Carpet, Laminate
  • Heating System
    Central Furnace
  • Lot Size
    78 Acres
  • Roof Type
    Metal
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 2436 Cr 416n, Lake Panasoffkee, FL 33538

Home seller CENTURY 21 J W Morton Real Estate, Inc.

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $9,225
  • Property Taxes
    $116
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $9,342

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Lake Panasoffkee Elementary School

Grades PK-5 Public School

Lake Panasoffkee, FL 33538 2.3 miles
790 cr 482n

546 total students
16:1 Student teacher ratio

School Rating: A

School Details

South Sumter Middle School

Grades 6-8 Public School

Webster, FL 33597 12.9 miles
773 nw 10th ave

849 total students
16:1 Student teacher ratio

School Rating: B

School Details

South Sumter High School

Grades 9-12 Public School

Bushnell, FL 33513 8.5 miles
706 n main st

1043 total students
18:1 Student teacher ratio

School Rating: C+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lake Panasoffkee, FL 33538

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Lake Panasoffkee, FL 33538

This community’s employment is highest in the administrative support and construction industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
47° January
Coldest Average Month
2,905 Total Households in Area
16.6% Increase in population since the year 2010
19.7%
of households
have children
31 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lake Panasoffkee, FL 33538

Lake Panasoffkee, FL 33538 has a population of 6,804 people in 2,905 households with a median age of 51.7 years old.

16.6%
Increase in population
since the year 2010
Population is Trending up
2,510
Total households as of 2010
9.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 51.7 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Black 8%
Hispanic 7%
Other 2%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 82%, followed by Black at 8%, Hispanic at 7%, and Other at 2%.

Economics
for Lake Panasoffkee, FL 33538

69 /sq mi
Population Density
$46,189 /yr
Median Household Income
$174,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 16.61% of the households.

Transportation to Work

  • Drive 88%
  • Walk or Bike 6%
  • Work from Home 6%
  • Public Transit 0%

Occupancy by Type

Owned 2,307 64%
Vacant 698 19%
Rented 598 17%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Family & Education Facts
for Lake Panasoffkee, FL 33538

51.7 Median Age

Average Household Size

2.3
persons per
household

47.7%

Married Households

Community Population By Education

High School Graduate 42%
Some College 21%
Some High School 16%
Bachelors Degree 9%
Associates Degree 8%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 42.35% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
19.7% of households have children

Weather
for Lake Panasoffkee, FL 33538

The weather for this area ranges from a high of 91° F in July to a low of 47° F in January

91° July
Hottest Average Month
47° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
47°
70°
Feb
49°
73°
Mar
53°
78°
Apr
58°
83°
May
64°
88°
Jun
70°
91°
Jul
71°
91°
Aug
72°
91°
Sep
70°
89°
Oct
63°
84°
Nov
54°
77°
Dec
48°
71°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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