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Professional Realty of Ocala
896 Cr 485a, Lake Panasoffkee, FL 33538
- $350,000
- 4
- BD
- 3
- BA
- 1,876
- SqFt
- List Price
- $350,000
- Status
- Active
- Days on Market
- 9
- MLS#
- S5158664
- Property Style
- Single Family
- Year Built
- 1968
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,876
- Lot Size
- 10,000
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Panasoffkee Retreats
- MLS Area Major
- Lake Panasoffkee
Property Description
Fully Renovated • 5 Bedrooms • 3 Bathrooms • Pool • Lake Access • Turnkey Furnished Investment Property Welcome to 896 County Road 485A, Lake Panasoffkee, FL 33538, a beautifully renovated 5-bedroom, 3-bathroom home offering approximately 1,876 sq. ft. of living space, private pool, lake access, and an impressive list of recent upgrades. This property has undergone an extensive renovation, making it truly move-in ready. Improvements include renovated kitchen cabinetry and countertops, new flooring, updated plumbing, a new electrical panel and electrical components, new interior doors, and completely renovated bathrooms featuring new finishes and fixtures throughout. The home also received new insulation throughout, while the A/C system was replaced around 2022–2023. Outside, the property continues to impress. The pool was completely resurfaced last year, the metal roof is in excellent condition with no known leaks, and the windows are in great condition. The septic system was also completely replaced approximately two years ago using PVC components. One of the highlights of the property is the spacious backyard with lake access and a beautiful rear deck overlooking the water, creating an excellent setting for relaxing, entertaining, or enjoying the Florida lifestyle. The property also offers a large driveway and two storage units, providing plenty of additional space. Currently operated as an Airbnb/VRBO short-term rental, the property generates approximately $60,000 in annual gross rental revenue, offering an attractive opportunity for buyers looking for an established vacation rental or investment property. Rental performance and records can be made available to qualified buyers. Even better, the home is being offered fully furnished, with the furnishings included in the asking price. The furniture is newer, and TVs are installed throughout the bedrooms and entertainment areas, making this a truly turnkey opportunity. Whether you’re looking for a primary residence, Florida getaway, lake property, or established short-term rental investment, this home combines extensive renovations, outdoor living, water access, and income potential in one unique package. Turnkey, furnished, renovated, and ready for its next owner.
Additional Information
- Taxes
- $1902
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RES
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
- Floor
- Luxury Vinyl, Tile
- Flood Zone
- Yes
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Lighting, Private Mailbox, Storage
- Roof
- Metal
- Foundation
- Crawlspace, Slab
- Pool
- Private
- Pool Type
- Heated, In Ground, Indoor, Screen Enclosure
- Water Extras
- Boat Port
- Water View
- Canal
- Water Access
- Lake
- Water Frontage
- Canal - Freshwater
- Flood Zone Code
- AE
- Parcel ID
- J09A047
- Legal Description
- LOTS 46 & 47 BLK 1 PANASOFFKEE RETREATS PB 3 PG 10
Listing courtesy of LA ROSA REALTY LLC. 321-939-3748
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