Listing Office: All Florida Homes Realty LLC
$2,078
closing credit¹
4885 Cr-306A Lake Panasoffkee, FL 33538
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
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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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$175,000
4885 Cr-306A
$2,078
closing credit¹
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Price information
Property sales
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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.
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.
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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.