Address
1141 County Road 457, LAKE PANASOFFKEE, FL
Price
$ 149,500
Property Attributes
  • MLS#G5113351
  • TypeSingle Family
  • Listing Status Pending
  • CountySumter
  • CityLAKE PANASOFFKEE
  • AreaLake Panasoffkee
  • Neighborhood2ND ADD TRACYS PT
  • Zip33538
  • StyleSingle Family Residence
  • Year Built1978
  • Taxes$ 819
  • Price$ 149,500
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1284
  • Lot Size0.33 Acres
Data Source:
Stellar MLS
Property Description

HUGE PRICE REDUCTION!! We have a recent appraisal on file with a $203,000 appraised value so we are now listed way under the current market value. Discover the potential of this charming 3 bedroom, 1 bath single family home situated on a quiet cul-de-sac in the sought after Tracy's Point community, a deed-restricted community of homes only. Constructed of durable concrete block with stucco exterior, this property offers a unique waterfront setting with canal frontage on two sides. Enjoy your morning coffee or evening relaxation from the screened front porch with beautiful views of Lake Panasoffkee. Inside the home features recent remodeling throughout including but an updated kitchen with matching stainless steel appliances, Corian countertops, and solid wood cabinetry. Luxury vinyl plank flooring runs throughout the living areas and bedrooms, offering both style and durability. The bathroom features laminate flooring and functional design. The chain-link fenced backyard provides a secure space for pets, gardening, or outdoor enjoyment. The waterfront location, combined with the property's corner-like positioning surrounded by water on two sides, creates a setting that is difficult to find at this price point. This home is being offered at a price designed to attract immediate interest and presents an excellent opportunity for buyers seeking waterfront living with room to add value. For those needing to commute Interstate 75 and the Florida Turnpike are located a short distance away. The Villages are approximately 15 minutes away providing dining, shopping, and nightly entertainment. This home has experienced some settling and is priced accordingly. Recent appraisal on file and available upon request.

Elementary School Middle School High School
Lake Panasoffkee Elementary Elementary School South Sumter Middle Middle School South Sumter High High School
Price History
6/4/2026 Listed $203,000
9/1/2026 26$149,500

General Features

Sewer Septic Tank
Heating Central,Heat Pump
Cooling Central Air
Utilities BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Zoning R4C
HOA Fee 40
Garage Spaces 1
Patio/Porch Features Covered,Front Porch,Screened
Security Features Security System
Construction Materials Block,Stucco
Pets Allowed Yes
Year Built 1978
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Freshwater
Community Features Community Boat Ramp,Deed Restrictions,Golf Carts OK
Assoc Fee Paid Per Annually
County Sumter
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name 2ND ADD TRACYS PT
Facing Direction North
Garage Y/N true
Other Structures Storage,Workshop
Total Rooms 6
Full Baths 1
Status Pending
Directions From I-75 exit 321 travel northwest on C 470 for approximately 3 miles, turn right on CR 437 and follow to CR 457, turn left on CR 457 and follow to the cul-de-sac, the home is on the left, sign in yard.
High School South Sumter High
City LAKE PANASOFFKEE
Association Name Diane Hutching
Senior Community Y/N false
MLS Area 33538 - Lake Panasoffkee
Lot Size Units Square Feet
Lot Size Square Feet 14293
Carport Spaces 1
Carport Y/N true
Listing Terms Cash
Elementary School Lake Panasoffkee Elementary
Land Lease Y/N false
Tax Annual Amount 819.63
Middle/Junior High School South Sumter Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5113351
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Tax Lot 13
Legal Description LOT 13 BLK B 2ND ADD TRACYS PT PB 2 PG 29 1/2 & S 22.5 FT OF W 95.4 FT OF LAKE ST
Water View Canal,Lake
Water Access Type Canal - Freshwater
Minimum Lease No Minimum
Water Access Y/N true
Monthly HOA Amount 3.33
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N false

Interior Features

Interior Amenities Ceiling Fan(s),Living Room/Dining Room Combo,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Window Treatments
Flooring Laminate,Luxury Vinyl
Furnished Y/N Partially
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Exterior Amenities Dog Run,Other
Fencing Chain Link
Parking Features Garage Door Opener
Lot Features Corner Lot,Cul-De-Sac,In County,Level,Near Marina,Street Dead-End
Water Source Public
Lot Size Area 14293
Foundation Details Slab
Building Area Total 1848
Lot Dimensions 107 x 105
Lot Size Acres 0.33
Road Surface Type Paved,Asphalt
Frontage Length Canal: 235
Private Pool false
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Dead-End,Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33538

Price
AVG $360K
$150K
Taxes
AVG $1,406
$819
Year Built
AVG 1980
1978

Areas We Cover