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896 CR 485A

House For Sale
$350,000

BTC: 4.17586351

ETH: 132.07547170

1 days
Waterfront
4 bds
3 ba
1,876 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1968
Lot:
0.23 Acres
Heating:
Central / Electric
Price/sqft:
$187
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$250,000
$134K – $406K
Confidence Low
List vs. estimate
$100K above estimate
List $350,000 · +40.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$186
-16.7% vs. city median $223
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,902
2025
Pool
Heated
Waterfront
Canal - Freshwater
Furnished
Furnished
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Lighting / Private Mailbox / Storage

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: J09A047

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,902

  • Source details

    • MLS ID: S5158664

    Other facts

    • Construction Materials: Block

    • Foundation Details: Crawlspace / Slab

    • Laundry Features: Inside / Laundry Closet

    • Pool Features: Heated / In Ground / Indoor / Screen Enclosure

    • Direction Faces: North

    • Waterfront: Yes

    • Living Area: 1876

    • Water Source: Public

    • Lot Size Dimensions: 100 x 100

    • Subdivision Name: PANASOFFKEE RETREATS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LA ROSA REALTY LLC