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Jim Ruddy Team
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1198 Cr 464, Lake Panasoffkee, FL 33538

$190,000
New to the Market
BEDS1 BATHS1 full SQUARE FEET792 MLS#TB8487387
MAP LISTING
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538

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1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538
1198 Cr 464, Lake Panasoffkee, FL 33538

Property Description

Private Florida Retreat on Nearly Half an Acre - Solar Powered with Bonus Flex Space!Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions.The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value.The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility.Outside you'll find plenty of room to: ? Park boats, RVs, or trailers? Add a garden or outdoor entertainment area? Store work equipment? Expand in the futureLocated just minutes from Lake Panasoffkee's famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa.Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point.Property Features: .47 acre fenced lot Solar power system Detached garage with finished flex space (unpermitted conversion) Storage shed No HOA Boat/RV parking Quiet country settingPerfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.

1198 Cr 464 | MLS# TB8487387

This single family home located at 1198 Cr 464, Lake Panasoffkee, FL 33538 is currently listed for sale with an asking price of $190,000. This property was built in 1958 and has 1 bedrooms and 1 full baths with 792 sq. ft. Cr 464 is located in the MARSH ACRES subdivision. Search MARSH ACRES real estate on jimruddyteam.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Propane
Home Style: Contemporary
Lot Size: 0.47 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $848
Year Built: 1958
Square Feet: 792

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Rain Gutters

Feature Descriptions

Additional Rooms: Den/Library/Office, Garage Apartment
Appliances: Dryer, Range, Refrigerator
Days on Site: 1
Directions: From Exit 321 of I75, Take CR 470 NW to CR 464, Turn right to property immediately on left.
Exterior: Concrete, Vinyl Siding, Frame
Fencing: Chain Link
Flood Zone Code: X
Flooring: Carpet, Tile, Wood
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.47
Number of Septics: 2
Number of Wells: 1
Other Structures: Shed(s)
Ownership: Fee Simple
Patio/Porch: Deck
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Showing Instructions: Appointment Only, Call Listing Agent, No Lockbox
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available, Propane, Water Available
Vegetation: Trees/Landscaped
Water: Well
Water Access Y/N: No
Windows: Blinds
Zoning: R2

Local Schools

High School: South Sumter High
Middle School: South Sumter Middle
Elementary School: Lake Panasoffkee Elementary

Listed By / Shown By

Listed By

Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283

Shown By

Agent Name: Jim Ruddy Team
Agent Phone: (407) 718-0984
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 1,042.29 per month $916.21 Principal & Interest $70.67 Property Tax $55.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/21/2026. The listing information on this page last changed on 03/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/21/2026 12:00:12 AM EST) or GAMLS (last updated Fri 03/20/2026 11:15:51 PM EST) or Stellar MLS (last updated Fri 03/20/2026 11:44:19 PM EST) or SPC MLS (last updated Fri 03/20/2026 11:20:31 PM EST) or Martin MLS (last updated Fri 03/20/2026 11:38:12 PM EST) or Indian River MLS (last updated Fri 03/20/2026 11:30:24 PM EST) or Daytona MLS (last updated Fri 03/20/2026 11:36:50 PM EST) or Northeast Florida MLS (last updated Fri 03/20/2026 11:58:46 PM EST) or Beaches MLS (last updated Fri 03/20/2026 11:57:37 PM EST) or BORMLS (last updated Fri 03/20/2026 11:16:52 PM EST) or Golden Isles MLS (last updated Fri 03/20/2026 11:26:28 PM EST) or Amelia/Nassau MLS (last updated Fri 03/20/2026 11:25:16 PM EST) or Dixie Gilchrist Levy MLS (last updated Fri 03/20/2026 11:42:16 PM EST) or NFLMLS (last updated Fri 03/20/2026 9:05:25 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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