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    2992 N C 470 Lake Panasoffkee, FL 33538

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    Claim this Listing
    Pending
    $995,000

    Land - LAKE PANASOFFKEE, FL

    Lot size:
    48.60 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    33
    Last Refresh:
    May 8 at 3:06 am

    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

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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.

    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.
    • Includes a house and a currently rented mobile home.
    • Features two ponds, wooded areas, and open spaces.
    • Free‑roaming horses enhance the rural charm and scenic appeal.

    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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