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Lake Panasoffkee Waterfront Land Opportunity

2992 N C 470 Lake Panasoffkee, FL 33538

2992 N C 470, Lake Panasoffkee, FL, 33538

$995,000

Pending

For Sale

$995,000

Pending

Land - LAKE PANASOFFKEE, FL

Lot Size48.60 Acres

AddedApr 6

Days on Market102

Last RefreshJul 16 at 2:06 pm

Property Features for 2992 N C 470

General Information

Property type: Land
Property subtype: Other
Zoning: A10C, R4M
Standard status: Pending
APN: F30-011
Lot size: 48.60 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 2767.8

Utilities

Water front features: Canal - Freshwater, Waterfront
Water front: 1

Building Details

Architectural style: Other

Listing agent Danny Smith License #646735

Listing office SMITH & SMITH REALTY, INC. 10879 north us hwy 301, Wildwood, FL

Listing date Apr 6, 2026

MLS# G5110150 Listing URL

Investment Insights

Based on property information with market context.

This 48.6-acre property in Lake Panasoffkee features outlet river frontage and is mostly wooded with some open areas, two ponds, and several low-lying spots. The property includes a house and a rented mobile home, but the primary value is in the land. Free-roaming horses contribute to the rural setting. The largest parcel has split zoning of A10C and RR5, while the remaining three parcels are zoned R4M, offering possibilities. The property has approximately 1,655 feet of frontage along the outlet and 1,125 feet on C-470, making it suitable for fishing, boating, or waterfront living. It is located about 0.5 miles by water to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. This property is suitable for a private retreat, a development opportunity, or a recreational haven. It offers convenient access to restaurants, shopping, and major highways. It is a 5-minute drive to I-75 and close to SR 44 to the north. The Villages community is a 20-minute drive to the east, and Inverness is to the west. Orlando and Tampa are each about an hour away.

Key Highlights

Expansive 48.6‑acre property with 1,655 feet of outlet river frontage offering waterfront living.
Convenient location with easy access to I‑75 and SR 44, close to The Villages, Inverness, Orlando, and Tampa.
Split zoning (A10C and RR5, R4M) offering development possibilities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

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For sale
Land
FL
Lake Panasoffkee
33538
2992 N C 470

What type of property is this?

Land - 48.6-acre waterfront property with development potential near Lake Panasoffkee.

Where is this land located?

The property is located at 2992 N C 470 Lake Panasoffkee, FL.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Expansive 48.6‑acre property with **1,655 feet of outlet river frontage** offering waterfront living.; Convenient location with easy access to I‑75 and SR 44, close to The Villages, Inverness, Orlando, and Tampa.; Split zoning (A10C and RR5, R4M) offering development possibilities.

2992 N C 470 Lake Panasoffkee, FL 33538

Land - LAKE PANASOFFKEE, FL

Property Features for 2992 N C 470

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Office Building with Updated Roof

5 Acres Pasture Land Available

Lake View Lot Opportunity

Lake Panasoffkee Land Opportunity

Waterfront Canal Lot with Seawall

Warehouse and Office Space Available

Residential Lot Near Lake Panasoffkee

Multi-Frontage Agricultural Land Tract

Cleared Lot in Rivers Edge

Cleared Canal-Front Homesite Opportunity

Land Near Lake Panasoffkee

Land Near Lake Panasoffkee

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