$2,078

closing credit¹

4885 Cr-306A Lake Panasoffkee, FL 33538

$175,000
2 beds
1 full
1,040 sqft
0.2 acres
$168 / sqft
House

Property details

About 4885 Cr-306A

$30,000 Price Drop!! Seller is ready to get this one SOLD. This is the first house off the Withlacoochee River on the canal You're approx. 400 yards to the Dam, The Dam Pub and the airboat bridge/slide. This is Old Undisturbed Florida. From this house you can travel for miles and miles on the river, marshes, swamps... you will be located in an outdoor wonderland. This is no exaggeration, you can spend years exploring all the water accessible from this home. If your not an airboat person, no worries, a surface drive motor takes you to all kinds of incredible places. If you need a break from the water, try hiking or hunting at nearby Half Moon, Jumper Creek or Flying Eagle Wildlife Management Areas. Original owner built this home in 1984. The kitchen and the bathroom are original. If you like retro, you will love the bathroom. The home was built as a family retreat for weekends, holidays and summers. A large secondary bedroom was full of bunk beds for kids and friends. A lot of memories where made in this home and on the river. It's time for a new family to create their memories. The home needs some work, it will need a new roof, the inside needs a facelift – mostly cosmetic. Sweat Equity will go along way on this home. Paint will transform the outside. Paint and new flooring will make a huge difference on the inside. Having an boat parked underneath will also help. Homes on the river are hard to comeby, especially in this price range. Come take a look, don't let the deferred maintenance scare you. Because of the scarcity of homes with direct access to the river, this is a GOOD investment. The Villages is developing 9,000 acres in Sumter County, plus there are 3,000 acres of additional development --- This becomes a woulda, coulda, should of home. You'll look back and wish you would have bought it. More people creates more demand, very few homes with direct river access means limited supply. Basic economics, more demand than supply makes this a no brainer GOOD Investment. Plus it's a fun place to be

Highlights

Home typeSingle Family Residence
HeatingNone, Other, Window Unit(s)
StatusActive
CoolingWall/Window Unit(s)
Size1,040 sqft
Lot size0.22 Acres
Year built1984
ParkingBoat, Covered, Off Street
MLS #O6210082
WaterfrontCanal
ViewPark, Trees/Woods, Water

Virtual tour

Summary

  • MLS Number: O6210082
  • MLS Name: MFRMLS
  • Office Name: XCELLENCE REALTY INC.
  • Office Phone: (866) 595-6025
  • Listing Agent: Levi Salmans

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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 1/20/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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water view

$175,000

4885 Cr-306A

$2,078

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Lake Panasoffkee Elementary School

Public District PK-5

5.1 mi

790 CR 482N

5

Floral City Elementary School

Public District PK-5

8.3 mi

8457 E Marvin St

4

Wildwood Elementary School

Public District PK-5

9.0 mi

300 Huey St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,158. Typical income of Lake Panasoffkee, FL residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
39%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
40%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • ApplebeesApplebees
  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • CadillacCadillac
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4885 Cr-306A

This home is located at 4885 Cr-306A in Lake Panasoffkee, FL and zip code 33538. This 1,040 square foot home, which was built in 1984, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $175,000.

Lake Panasoffkee, FL housing market in December 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. In December 2024 in Lake Panasoffkee, FL there were 7.7% more homes for sale than in November. The median list price of listings available in December 2024 was $208,000, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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