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2992 N C 470 Lake Panasoffkee, FL 33538

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For Sale
$995,000

Land - LAKE PANASOFFKEE, FL

Lot size:
48.60 Acres
Added:
Apr 6, 2026
Days on Market:
8
Last Refresh:
Apr 13 at 2:06 pm

Property Features for 2992 N C 470

General Information

Property type
Land
Property subtype
Other
Zoning
A10C, R4M
Standard status
Active
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

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Listing Contact
Danny Smith
Danny Smith

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

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lake Panasoffkee Waterfront Land Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Restaurant Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Department Store Bar & Pub Grocery & Convenience Store Computer & Electronic Repair Tech Support Center Pet Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Panasoffkee
County
Sumter
State
Florida
Longitude
-82.14646
Latitude
28.80256

FAQs

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.
More about this property
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