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For Sale

896 Cr 485a

Lake Panasoffkee, FL 33538

$350K
4 BD · 3 BA · 1,876 sf · 0.23 ac · Built 1968
The residence

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.

At a glance
Property type
Status
Active
Year built
1968
Lot size
0.23 acres
Living area
1,876 sf
MLS#
12013385
Beds · Baths
4 · 3
Location

Lake Panasoffkee, FL.

Lake Panasoffkee, FL, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$2K/mo
Approximate · principal & interest only
Display Currency
$350K

Indicative conversion — settlement always in USD.

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Listing courtesy of La Rosa Realty Llc · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Oct 5, 2026

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