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896 CR-485A

Lake Panasoffkee FL 33538

4
3
1876 sq. ft.
10000 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Fully Renovated • 5 Bedrooms • 3 Bathrooms • Pool • Lake Access • Turnkey Furnished Investment Property Welcome to 896 County Road 485A, Lake Panasoffkee, FL 33538, a beautifully renovated 5-bedroom, 3-bathroom home offering approximately 1,876 sq. ft. of living space, private pool, lake access, and an impressive list of recent upgrades. This property has undergone an extensive renovation, making it truly move-in ready. Improvements include renovated kitchen cabinetry and countertops, new flooring, updated plumbing, a new electrical panel and electrical components, new interior doors, and completely renovated bathrooms featuring new finishes and fixtures throughout. The home also received new insulation throughout, while the A/C system was replaced around 2022–2023. Outside, the property continues to impress. The pool was completely resurfaced last year, the metal roof is in excellent condition with no known leaks, and the windows are in great condition. The septic system was also completely replaced approximately two years ago using PVC components. One of the highlights of the property is the spacious backyard with lake access and a beautiful rear deck overlooking the water, creating an excellent setting for relaxing, entertaining, or enjoying the Florida lifestyle. The property also offers a large driveway and two storage units, providing plenty of additional space. Currently operated as an Airbnb/VRBO short-term rental, the property generates approximately $60,000 in annual gross rental revenue, offering an attractive opportunity for buyers looking for an established vacation rental or investment property. Rental performance and records can be made available to qualified buyers. Even better, the home is being offered fully furnished, with the furnishings included in the asking price. The furniture is newer, and TVs are installed throughout the bedrooms and entertainment areas, making this a truly turnkey opportunity. Whether you’re looking for a primary residence, Florida getaway, lake property, or established short-term rental investment, this home combines extensive renovations, outdoor living, water access, and income potential in one unique package. Turnkey, furnished, renovated, and ready for its next owner.

Features

4 bedrooms
3 bathrooms
1876 sq. ft. floor area
10000 sq. ft. lot size
Single-Family

Property history for 896 CR-485A

2022
Sold
$90,000
21 Nov 2022 by Steven Koleno, of beycome.com
2022
Sold
$70,000
21 Mar 2022 by Michael Palmer, of REMAX Foxfire | Summerfield

Happy sellers in Lake Panasoffkee

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We have insufficient information to provide an overview of customer satisfaction for Lake Panasoffkee. Viewing the agent profiles, reviews and sales for Lake Panasoffkee can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Lake Panasoffkee

In the last 12 months, 2 four-bedroom single-family properties similar to 896 CR-485A, have been sold.

This represents a 72% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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