River-Front Land with Two
For Sale
$995,000
2992 N C 470, Lake Panasoffkee, FL 33538
River-front acreage with wooded areas, two ponds, and multiple zoning designations, including an existing rented mobile home.
Property SizeContact for details
Lot Size48.60 Acres
Days on Market108
Property Features for 2992 N C 470
General Information
Standard status
Active
Lot size
48.60 Acres
Property subtype
Land
Zoning
A10C
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,767
Listing Agency:
Smith & Smith Realty
(352) 461-1186
Listed By:
Danny Smith · License #646735
(352) 461-1186
Source:
Elliman
Added: Apr 27
Changed: Aug 8
Last Checked: Apr 28 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smith & Smith Realty
Investment Insights
Based on property information with market context.
This river-front property on the outlet of Lake Panasoffkee spans 48.6 acres, with mostly wooded land plus a few open areas. It includes two ponds and several low-lying spots, and the property also has a house and a mobile home that is currently rented. Free-roaming horses are also part of the setting.
The largest parcel has split zoning of A10C and RR5, while the remaining three parcels are zoned R4M. There is approximately 1,655 feet of frontage along the outlet and about 1,125 feet of frontage on C-470.
By water, the property is about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. The location offers easy access to restaurants, shopping, and major highways, including a 5-minute drive to I-75 and proximity to SR 44 to the north. The Villages is about a 20-minute drive to the east, with Inverness to the west, and Orlando and Tampa are each about an hour away.
The largest parcel has split zoning of A10C and RR5, while the remaining three parcels are zoned R4M. There is approximately 1,655 feet of frontage along the outlet and about 1,125 feet of frontage on C-470.
By water, the property is about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. The location offers easy access to restaurants, shopping, and major highways, including a 5-minute drive to I-75 and proximity to SR 44 to the north. The Villages is about a 20-minute drive to the east, with Inverness to the west, and Orlando and Tampa are each about an hour away.
Key Highlights
- 48.6‑acre river‑front property on the outlet of Lake Panasoffkee, mostly wooded with a few open areas.
- Two ponds on the property plus multiple low‑lying spots for waterfront and fishing/boating use.
- Approximately 1,655 ft of frontage along the outlet and 1,125 ft on C‑470.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 33538, FL
5,096
Population
3,409
Households
1.5
Avg Household Size
50
Median Age
15%
College-Educated
85%
High-School Grad
89.0 sq mi
ZIP Area
57
Density / Sq Mi
$48,951
Median Household Income
$43,178
Median Earnings
$1,005
Median Rent
$157,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - River-front acreage with wooded areas, two ponds, and multiple zoning designations, including an existing rented mobile home.
Where is this waterfront 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: 48.6‑acre river‑front property on the outlet of Lake Panasoffkee, mostly wooded with a few open areas.; Two ponds on the property plus multiple low‑lying spots for waterfront and fishing/boating use.; Approximately 1,655 ft of frontage along the outlet and 1,125 ft on C‑470.
