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Single Family House 2 bedrooms - N/A for Sale

2886 N C 470, LAKE PANASOFFKEE, FL 33538

Asking Price$399,900

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  • Days on market:

    25 day(s)
  • Original Price:

    $399,900
  • Price per sqft:

    $368.23
  • Tax Legal Description:

    BEG 1285.69 FT S 89 DEG 55 MIN 42 SEC W OF 1/4 SEC COR BETWEEN SEC 30 & 31 POINT BEIN G ON THE S R/W ST RD 470 SAID POINT ALSO BEING ON A CURVE CO NCAVE TO THE NE HAVING A RADIUS OF 956.87 FT THENCE WIT H A CHORD BEARING N 63 DEG 46 MIN 55SEC W 241.2 9 FT TO THE P.C. OF SAID CURVE S 31 DEG 17 MIN 41 SEC W 125.16 FT TO SEC LINE 277.50 FT FROM POB S 38 DEG 38MIN 45 SEC W 17.78 FT T O C/L OF A CANAL AT N/LY END THENCE ALONG C/L S 38 DEG 38 M IN 45 SEC W 155.61 FT S 59 DEG 54 MIN W 126.52 FT N 85 DE G 47 MIN W 117.47 FT N 55 DEG 40 MIN W 235.48 FT TO THE E/LY BA NK OF PANASOFFKEE RIVER S 48 DEG 28MIN 22 SEC W 105.89 FT ALONG THE MEANDERS OF RIVER TO R/W OF OLD ROAD ALONG R/W S 55 DEG 40 MIN E 230.41 FT S 72 DEG 42SEC E 120.84 FT N 85 DE G
  • Tax Year:

    2024
  • Property Type:

    Single Family
  • Construction Type:

    Other
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Other
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    Other
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None

Description

$399,900 • two bedroom(s) • one full bathroom(s) • living size area 1086 sqft

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 potential to create up to 13 single-family lots along the canal front and outlet river, this site is perfect for transforming into a picturesque waterfront community.currently, the property includes one home and one mobile home, both requiring tlc, along with three dilapidated mobile homes that need to be removed. 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.

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