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    Office Building with Updated Roof Title is generated by Realmo AI

    2339 N County 470 Road, Lake Panasoffkee, FL 33538

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    Claim this Listing
    For Sale
    $250,000

    SINGLE_FAMILY - Lake Panasoffkee, FL

    Type:Office
    Property size:
    1,350 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $185/SF
    Added:
    Nov 6, 2025
    Days on Market:
    220
    Last Refresh:
    Jun 14 at 4:06 pm

    Property Features for 2339 N County 470 Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    Out of County
    Parking
    8
    Parking features
    Parking Lot
    Interior features
    FirstFloorEntry
    Standard status
    Active
    APN
    32-19-22-F32-023
    Size
    1,350 SF
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    COMMENCE AT SW COR OF NE1/4 OF SW1/4 RUN E TO W LINE OF SR 470 NW/LY LONG SAID RW 450 FT FOR POB W 220 FT NW/LY 100 FT E220 FT SE/LY 100 FT TO POB
    Tax Annual Amount
    1943

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1993
    Floors in Building
    1
    Flooring type
    Concrete, Carpet
    Building materials
    Stucco
    Roof type
    Shingle, Asphalt
    Additional Structures
    Shed(s)

    We can help!

    Listing Contact
    Bruce Brunk
    Bruce Brunk

    Listing agent Bruce Brunk License #3138787

    Listing office Keller Williams Realty - Elite Partners II 711 S Adolph Pt, Lecanto, FL

    Listing date Nov 6, 2025

    MLS# 849530

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1,350 SF commercial office building built in 1993 with an open interior design and 10 ft ceilings
    • 0.43‑acre lot with an 8‑space parking lot for staff and clients
    • Central air and heat pump HVAC; flooring includes concrete and carpet
    • Roof includes shingle/asphalt with roof updated in 2024
    • Interior includes first‑floor entry, one bathroom, and a dedicated storage closet
    • Utilities include public water and septic tank sewer

    Overview

    This commercial office building offers approximately 1,350 square feet of interior space with an open layout and 10-foot ceilings. The space includes one bathroom and a dedicated storage closet, and the open interior is suited to reconfiguration for private offices, meeting rooms, or collaborative work areas. Roof updates were completed in 2024. The property sits on a 0.44-acre lot and includes an 8-space parking lot for staff and client access.

    Located at 2339 N County 470 Road in Lake Panasoffkee, Florida, the building is positioned in a central area with easy access to major roadways and local businesses. The public remarks note high foot traffic next to popular restaurant Catfish Johnny’s, supporting day-to-day visibility for professional uses. Zoning is listed as “Out of County.”

    For buyers seeking a manageable office footprint, the combination of an open plan, straightforward amenities, and on-site parking can support a range of professional operations. The floor plan can be adapted as needs change, while the storage area and single bathroom provide basic functionality for everyday occupancy. With additional outdoor space on the lot, the site also offers room to consider outdoor amenities, subject to applicable approvals, making it suitable for organizations looking for a practical, reconfigurable workspace.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $33.7k $24.96
    − Vacancy −$6.1k −$4.49
    EGI $27.6k $20.47
    − OpEx −$6.9k −$5.12
    NOI $20.7k $15.35
    1,350 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $296.0K
    $259.0K – $345.4K (±1% cap)
    NOI $20,723 @ 7.0% cap · market cap 8.29%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $386.5K
    $338.2K – $450.9K (±1% cap)
    NOI $27,054 @ 7.0% cap · market cap 10.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Lake Panasoffkee
    County
    Sumter
    State
    Florida
    Longitude
    -82.131959
    Latitude
    28.79051

    FAQs

    What type of property is this?
    Office building - Flexible office layout with 10-foot ceilings and updated roof, supported by 8 on-site parking spaces.
    Where is this office building located?
    The property is located at 2339 N County 470 Road Lake Panasoffkee, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1,350 SF commercial office building built in 1993 with an open interior design and 10 ft ceilings; 0.43‑acre lot with an 8‑space parking lot for staff and clients; Central air and heat pump HVAC; flooring includes concrete and carpet
    More about this property
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