Residential Property - Single Family Residence in Lake Panasoffkee
Listing Price: $399,000
Description of Property
Located in Lake Panasoffkee, FL 33538, this unique multi-parcel offering presents a significant opportunity for waterfront development or a private family compound. Combined, the two properties (Parcel F30A042 and F30A036) provide approximately 208 feet of canal frontage and approximately 1.66 total acres of land. Property 1: 2377 NW 34th Place (.77 Acres) This parcel serves as the primary residential site with extensive marine infrastructure: Main Residence: A stilt-style home featuring 2 bedrooms and 2 bathrooms. The layout includes two bedrooms and one bath on the upper level and a second bath downstairs in the Florida/laundry room area. The exterior requires maintenance to reach its full potential. Furnished Secondary Structure: Includes the original one-bedroom, one-bathroom mobile home with a screened porch. While currently used for storage, it could be renovated into an in-law suite or guest cottage. Waterfront Features: Fully equipped for a sportsman, featuring a private concrete boat ramp, a metal-roofed boat house, and a 9.67' x 21.25' composite dock. The dock terminates in a 9.67' x 16' screened room complete with electricity, water, and a fish cleaning station. Property 2: 2399 NW 34th Place (.89 Acres) This adjacent parcel offers additional living space and specialized utility: Modular Home: A double-wide modular unit previously used as a rental. It contains 3 bedrooms, 2 bathrooms, an open living area, and a 22.16' x 8.83' family room. The structure needs significant clean-up and repair. Outdoor Amenities: Features a concrete-based screened room across the back, a small laundry room, and two storage sheds. Upgrades: A new lift station has been installed on this parcel. Location and Potential Nestled among various mature oak trees, these properties are ideal for those seeking a "waterfront sportsman's dream" with direct canal access. The dual-parcel setup offers flexible possibilities for rental income, multi-generational living, or complete site redevelopment All measurements are approximate and must be confirmed by buyer or buyers agent.







































































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Panasoffkee
County: Sumter
Subdivision: Olivepalm Sub
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,056
Sq. Ft. Living Area: 864
Cost per (heated) sqare foot: $462
Year built: 2007
Annual Tax: $1,923
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Flooring: Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: River Front
Water Access: Yes
Water Access Type: Canal - Freshwater
Water Name: OUTLET RIVER
Exterior & Construction
Architectural Style: Other
Construction: Wood Frame
Foundation: Pillar/Post/Pier
Roof: Metal
Exterior Features: Sliding Doors
Carport: Yes
Carport Spaces: 2
Floors Total: 2
Floors in Unit: Two
Cooling: Wall/Window Unit(s)
Heating & Fuel: Central
Patio & Porch Features: Screened
Other Structures: Guest House
View: Water
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Features: In County
Lot Size (acres): 0.77
Lot Size (sq. ft.): 33,383 square feet
Road Frontage: Street Unpaved
Front Exposure: South
Additional Parcels: Yes
Additional Parcels Description: F30A036
Legal Description & Other Information
Financing Available: FHA
Parcel Number: F30A042
Zoning: 5061M
Tax Legal Desc.: BEG 71.25 FT S & 99 FT W OF NE COR LOT 13 OLIVEPALM SUBD PB 3 PG 6 RUN W 90 FT S365.65 FT TO OUTLET NE/LY ALONG WATERSEDGE TO A POINT APPROX 355.7 FT S OF BEGTO POB
Section: 30
Range: 22
Listing courtesy of B & K REAL ESTATE & PROPERTY MANAGEMENT PA. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

