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N C 470, Lake Panasoffkee, FL 33538

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For Sale

$1,479,000

51.64 acres

Estimated Payment

$ 7,585 /mo. †

6.63% APR for 30 yrs.
$54 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 51.6 acres
    Lot size

Explore this Property

51.64 acres of land with gorgeous views and the loveliest elevation changes. Plenty of dry land to start your homestead, build your dream home, or start a family property and subdivide into minimum 10-acre parcels (per county). This parcel boasts beautiful oak trees at the front to give plenty of privacy for your home! This parcel is truly unique and can best be appreciated with a visit! There is also a connecting parcel (E23-027) that can be sold as well for an additional 79 acres. MLS ID G5067236 Call today to set up a showing! Please do not enter the parcel without your realtor AND an appointment.
MLS# G5067232

Courtesy Of Florida Homes Realty and Mortgage LLC

(904) 996-9115

Property Features

  • Architecture Style
    Other
  • Lot Size
    51.64 Acres

Map and Directions

Directions to N C 470, Lake Panasoffkee, FL 33538

Home seller CENTURY 21 Prime Property Resources, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prime Property Resources, Inc.

(352) 793-6911
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $7,580
  • Property Taxes
    $4
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,585

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 5.1 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 15.6 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 11.1 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)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about Lake Panasoffkee, FL 33538!
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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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