896 CR 485A LAKE PANASOFFKEE FL 33538 | MLS #S5158664

896 CR 485A
LAKE PANASOFFKEE, FL, 33538
$350,000
4 Beds
3 Baths
1,876 SqFt
0.23 Acres
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MLS #S5158664 image #0
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.

Property Details

Price:
$350,000
MLS #:
S5158664
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PANASOFFKEE RETREATS
Neighborhood:
33538lakepanasoffkee
Listed Date:
Oct 2, 2026
Finished Sq Ft:
1,876
Total Sq Ft:
1,876
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1968
WaterfrontPool33538 – Lake Panasoffkee33538lakepanasoffkeePanasoffkee RetreatsNo Minimum

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Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl, Tile
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
Laundry Features
Inside, Laundry Closet
Levels
One

Exterior

Construction Materials
Block
Direction Faces
North
Exterior Features
Lighting, Private Mailbox, Storage
Roof
Metal
Waterfront Features
Canal – Freshwater

Financial

Tax Year
2025
Taxes
$1,902

Map

Community

Market Summary

Current real estate data for Single Family in LAKE PANASOFFKEE as of Oct 04, 2026
27
Single Family Listed
177
Avg DOM
234
Avg $ / SqFt
$358,637
Avg List Price

Property Summary

    Located in the PANASOFFKEE RETREATS subdivision, 896 CR 485A LAKE PANASOFFKEE FL is a Single Family for sale in LAKE PANASOFFKEE, FL, 33538. It is listed for $350,000 and features 4 beds, 3 baths, and has approximately 1,876 square feet of living space, and was originally constructed in 1968. The current price per square foot is $187. The average price per square foot for Single Family listings in LAKE PANASOFFKEE is $234. The average listing price for Single Family in LAKE PANASOFFKEE is $358,637. To schedule a showing of MLS#s5158664 at 896 CR 485A in LAKE PANASOFFKEE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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