Located in the heart of Lake Panasoffkee at the intersection of C-470 and County Road 414, this property offers a unique opportunity for waterfront residential development. With the approved plots for up to 13 single-family manufactured homes along the canal front and outlet river, or 8 "cottages" 600-800 sq ft in size, already plotted by the county. All approved site plans are recorded with the county, and available to interested buyers upon request to the listing agent. This site is perfect for transforming into a picturesque waterfront, river access, income producing community. Currently, the property includes one home and six mobile home, the site build home has a new roof replaced in 2025, and new flooring throughout. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront views. County Road 414 provides direct access to a scenic walking bridge that overlooks the outlet and leads to Marsh Bend “Outlet†Park. This park is a local favorite, featuring a public boat ramp, walking trails, a beach volleyball court, picnic areas, fishing spots, grill stations, and a pet area, enhancing the appeal of this location for future residents. Discover the potential of this exceptional property and imagine the waterfront lifestyle it can offer. Call or email us today to explore all the development possibilities.
Property Features
Waterfront and Water Access
Canal Front
Cooling Information
Central Air
Heating Information
Central
Water Features
Public
Utilities
Electricity Connected
School Information
School Information for 2886 N C 470, LAKE PANASOFFKEE, FL 33538
Elementary School
Lake Panasoffkee Elementary
Middle School
South Sumter Middle
High School
South Sumter High
Listing Courtesy: FLAMINGO REAL ESTATE & MNGMT - 352-689-1000