896 CR 485A, Lake Panasoffkee, Florida, 33538
$350,000
1,876 Sqft
0.23 Acres
4 bd
3 ba
#S5158664
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 FEATURES
- Utilities : Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
- Water Access : 1
- Sewer : Septic Tank
- Road Surface Type : Asphalt
- Roof : Metal
- Pool Features : Heated, In Ground, Indoor, Screen Enclosure
- Zoning : RES
- Heating : Central, Electric
- Cooling : Central Air
- Construction Materials : Block
- Interior Features : Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
- Laundry Features : Inside, Laundry Closet
- Appliances : Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Flooring : Luxury Vinyl, Tile
PROPERTY DETAILS
ID: S5158664
Status: Active
Price: $350,000
Acres: 0.23 Acres
Price Per Acre: $1,521,739
Type: Single Family / Detached
Address: 896 CR 485A
City, State: Lake Panasoffkee, Florida
County: Sumter
Zip Code: 33538
Lat/Long: 28.769198, -82.117759
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