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Overview

2 bd1 ba876 sqftSingle Family
TypeSingle Family
HOANone listed
Built1952
Lot5,000 sqft
Living area876 sqft
Price / sqft$253

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Primary Bedroom Main FloorPrivate MailboxStorageRangeRefrigerator

766 Cr 485a is a 1952-built home in Panasoffkee Retreats, Lake Panasoffkee. Inside you'll find 2 bedrooms, 1 bathrooms, and 876 square feet of living space. Listed at $222,000 (about $253/sqft), 5 days on market. Flood zone X* - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Enjoy the beauty of waterfront living on a spring-fed canal leading to the beautiful waters of Lake Panasoffkee! This charming 2-bedroom, 1-bath home features an additional room currently used as an office, a metal roof, a chain-link fenced yard, and a convenient carport. An enclosed family room with a bar provides the perfect spot for entertaining family and friends. Step outside and enjoy the waterfront amenities, including a boathouse, seawall with steps leading down to an aluminum dock, and a fish-cleaning sink, making it easy to clean your daily catch. A tool shed provides additional storage for your outdoor gear. The additional lot expands your possibilities with an RV pad and hookup, a detached screened enclosure, its own separate seawall with steps leading to a second aluminum dock, and a fire ring for gathering around outdoor fires. Enjoy the natural surroundings and an abundance of birds that add to the peaceful waterfront setting. With two waterfront access points and room for recreational vehicles, this unique property is perfect for boating enthusiasts, fishing lovers, weekend adventurers, or anyone seeking a relaxing waterfront retreat. Featuring the charm of Old Florida living, this property invites you to slow down, enjoy the outdoors, and experience the beauty of life on Lake Panasoffkee. Bring your boat, fishing gear, and love for the outdoors! Equal Housing Opportunity.

The essentials

Built
1952
Price / sqft
$253
On market
5 days
Annual tax
$718
Flood zone
X* · Low risk
Lot
5,000 sqft
Type
Single Family Residence

At a glance

Single family
Built 1952
Waterfront
Canal - Freshwater
5,000 sqft lot
Lot size
876 sqft
Living area

Payment

Est. monthly payment
$1,329/mo
Down payment (20%)
$44,400
Property taxes
$60/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1952
Lot
5,000 sqft
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Canal - Freshwater
Days on Market
5
Ceiling Fans(s)
Primary Bedroom Main Floor
Private Mailbox
Storage
Range
Refrigerator
Elementary
Lake Panasoffkee Elementary
Middle
South Sumter Middle
High
South Sumter High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X*
Annual Tax (2025)
$718
Parcel #
J09A059

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Panasoffkee Retreats
County
Sumter
MLS Area
33538 - Lake Panasoffkee
Lot Size
5,000 sqft
Paved

Price history

Date
Event
Price
10/14/2026
Listed for sale
Source: Stellar MLS #G5119017
$222,000
$253/sqft

Neighborhood

766 Cr 485a
Lake Panasoffkee, FL, 33538 · 33538 - Lake Panasoffkee

Market insights

Offer Insights

Choose an offer strength

List price: $222,000
$205,000 – $222,000
92.3% – 100% of listTops out right at the list price
80% of listList price
21 of the last 41 home closings in 33538 landed at this number or higher (51%). The median one sat 42 days before it went under contract, and this one is on day 5.

Sample: 41 closed home sales in 33538 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,329/mo
Principal & interest$1,158
Property taxes$60
Insurance$111
Down payment20% · $44,400
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$222,000

$253 per sq ft

Beds and baths

2 beds, 1 baths

Size

876 sq ft

Time on market

5 days

Year built

1952

Monthly payment

About $1,329/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $718 annual tax bill, insurance.

Flood zone

Zone X*

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byFLORIDA REALTY INVESTMENTSListing agent: Dalton StokesListing data from Stellar MLS, MLS# G5119017.

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