Residential Land with Home for Sale in Lake Panasoffkee, Florida
3666 County Road 406 Lake Panasoffkee, FL 33538
PRICE REDUCED AGAIN!! SELLER MOTIVATED!! If you are looking for a home to have some acreage, This is your opportunity if you have always wanted to own your island with access to a great freshwater fishing lake accessed by a canal! Your island has easy access to a sparkling freshwater lake, perfect for fishing. Now, you have the opportunity to turn that dream into reality with this stunning property. Don't let this chance pass you by. With over 2 acres of property, this is a perfect fit for anyone who loves fishing and has plenty of room to enjoy the great outdoors!! Hard to find acreage with an island. Don't wait this is a great property with unlimited potential. Don't miss this great opportunity before it is gone! This home is in need of some repair, possible FHA 203K loan or similar type.
Directions
From I-75 Take the Lake Panasoffkee exit, then west on 470 into Lake Panasoffkee approximately 5 miles, and make a right at the Idlewilde Resort sign. Stay on CR 400 approx.8 tenths of a mile then right on 401, stay on 401 to T in road, left on CR 406 home is third home on right
Property details
- County
- Sumter County
- Community
- Olivepal M Sub 1st Add
- Zoning
- R1
- Elevation
- 49 feet
- MLS Number
- MFRMLS O6181654
- Date Listed
Legal description
PARCEL 7 OF LOT 43 OLIVEPALM 1ST ADD PB 3 PG 23 DESC AS BEG 50 FT W AND 380 FT SOF NE COR SAID LOT 43 RUN W 185 FT TO CANAL SLY ALONG CANAL 70 FT S 61 DEG E 2 00 FT TO OAK ST N/LY ALONG ST 150 FT TO POB & INCLUDING A 20 FT WIDE STRIP OF LAND LYING BE TWEEN LOT 6 & 7 OLIVEPALM COMMUNITY AS DESC OR 155 PG 118 & PARCEL 6 AN ISLAND COMM SE COR OF LOT 43 OLIVEPALM SUBD 1ST ADD RUN S 88 DEG 50' W 205 FTN 50 FT N 25 DEG 40'E 135 FT T POB THEN CE N 25 DEG 40 MIN E 120 FT N 61 DEG W200 FTN ALONG W BANK O F CANAL 260 FT MORE OR LESS W 220 FT MORE OR LESS ALONG S BANK OF CANAL S 260 FT ALONG ALONG E BANK OF CANAL E TO A PT N 43 DEG 30' W 240 FT TO POB
Parcels
- F30B157
Property taxes
- 2023
- $619
Resources
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Detached
Structure
- Materials
- Wood
- Roof
- Composition Shingle
- Cooling
- Central A/C
- Heating
- Central Furnace, Fireplace, Natural Gas
Interior
- Room Count
- 7
- Rooms
- Bedroom x 3, Dining Room, Full Bath, Kitchen, Laundry Room, Living Room
- Floors
- Laminate, Vinyl, Wood
- Appliances
- Cooktop, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Features
- Ceiling Fan, Fireplace
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Lake Panasoffkee Elementary | Elementary | — | — |
| South Sumter Middle | Middle | — | — |
| South Sumter High | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 28, 2024 | Price drop | $199,900 | $19,100 -8.7% | MFRMLS |
| Apr 21, 2024 | Price drop | $219,000 | $6,000 -2.7% | MFRMLS |
| Apr 14, 2024 | Price drop | $225,000 | $10,000 -4.3% | MFRMLS |
| Mar 19, 2024 | Price drop | $235,000 | $4,000 -1.7% | MFRMLS |
| Feb 25, 2024 | New listing | $239,000 | — | MFRMLS |