3666 Cr 406, Lake Panasoffkee, FL 33538

$199,900 Asking Price

3 beds
1 bath
1,201  sqft
Built in 1980

PRICE REDUCED AGAIN!! SELLER MOTIVATED!! If you are looking for a home to have some acreage, This is your opportunity if you have always wanted to own your island with access to a great freshwater fishing lake accessed by a canal! Your island has easy access to a sparkling freshwater lake, perfect for fishing. Now, you have the opportunity to turn that dream into reality with this stunning property. Don't let this chance pass you by. With over 2 acres of property, this is a perfect fit for anyone who loves fishing and has plenty of room to enjoy the great outdoors!! Hard to find acreage with an island. Don't wait this is a great property with unlimited potential. Don't miss this great opportunity before it is gone! This home is in need of some repair, possible FHA 203K loan or similar type.


Features & Amenities

Interior

General:
Cathedral Ceiling(s), Ceiling Fan(s), L Dining, Living Room/Dining Room Combo, Primary Bedroom Main Floor
Rooms:
Attic, Inside Utility, Loft
Appliances:
Built-In Oven, Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Washer
Laundry:
Electric Dryer Hookup, Inside, Laundry Room
Flooring:
Laminate, Vinyl, Hardwood
A/C:
true, Central Air
Heating:
true, Central, Natural Gas
Fireplace:
Gas, Fireplace

Exterior

General:
Storage, Shed(s), Workshop

Construction

Roofing:
Roof Over, Shingle
Windows:
Drapes, Rods
General:
Wood Frame, Two, Pillar/Post/Pier

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Sumter

Lot

Zoning:
R1, PARCEL 7 OF LOT 43 OLIVEPALM 1ST ADD PB 3 PG 23 DESC AS BEG 50 FT W AND 380 FT SOF NE COR SAID LOT 43 RUN W 185 FT TO CANAL SLY ALONG CANAL 70 FT S 61 DEG E 2 00 FT TO OAK ST N/LY ALONG ST 150 FT TO POB & INCLUDING A 20 FT WIDE STRIP OF LAND LYING BE TWEEN LOT 6 & 7 OLIVEPALM COMMUNITY AS DESC OR 155 PG 118 & PARCEL 6 AN ISLAND COMM SE COR OF LOT 43 OLIVEPALM SUBD 1ST ADD RUN S 88 DEG 50' W 205 FTN 50 FT N 25 DEG 40'E 135 FT T POB THEN CE N 25 DEG 40 MIN E 120 FT N 61 DEG W200 FTN ALONG W BANK O F CANAL 260 FT MORE OR LESS W 220 FT MORE OR LESS ALONG S BANK OF CANAL S 260 FT ALONG ALONG E BANK OF CANAL E TO A PT N 43 DEG 30' W 240 FT TO POB, F30B157

Utilities

Utilities:
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Stellar MLS
Buyers Agent Compensation:
3.0%
NA Compensation:
3.0%

This listing courtesy of:
EXP REALTY LLC, Tim Doty

About Lake Panasoffkee, FL

Housing

Number of Units
3,480
Median Home Value
$112,173
Median Rent
$575

18.86% of housing units are renter occupied.

20.86% are vacant.

Commute

Car
70.55%
Public Transportation
0.00%
Walk to Work
0.60%
Work from Home
20.17%
Other
8.58%

The median travel time to work is 24 minutes.

People

Population
6,451
Median Age
52.10
Median Household Size
2.41

Education

High School
42.54%
Associate’s Degree
9.41%
Bachelor’s Degree
7.92%
Graduate Degree
3.92%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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