231 CR 482S, Lake Panasoffkee, FL, 33538 | $289,900

These sellers have left nothing for you to worry about—every box is checked, every “i” dotted, and every “t” crossed. This home is absolutely move-in ready. Originally built in 1978, the improvements must be seen in person to be fully appreciated. Nearly every detail has been updated, including new tile floors (2020), solid wood kitchen cabinets with soft-close drawers (2023), granite countertops (2023), stainless steel appliances (2020), an architectural shingle roof (2017), a new electrical panel inside and outside (2019), a new water heater (2023), a new HVAC system (2019), new windows (2022), a new well (2020), and two new back doors (2024). And yes—every improvement was done with a permit. This home is truly an insurance agent’s dream.

Sitting on a full acre, mostly fenced, the property offers the perfect balance of homestead living while remaining low maintenance if you prefer a simpler lifestyle. There’s a dedicated fenced garden area with guava, banana, cherry, blackberry, fig, peach, and apple trees. Plus, forget worrying about egg prices—this home comes with a large chicken coop and run area. Need storage? You’ll love the 10x16 storage and tool shed (2019) and the 41x18 RV/boat carport. While the county lists this home as wood-frame construction, it’s solid brick all the way around.

Tucked away off the beaten path yet conveniently located, this home is just minutes from I-75, about an hour from Tampa or Orlando, and only 20 minutes to The Villages and the new Eastport town square. High-speed internet is available through Spectrum. Whether you're looking for a Florida getaway during the colder months or planning to make this your forever homestead, this 2-bedroom, 1. 5-bathroom home is a fantastic opportunity. Easy to show, but by appointment only. Don’t miss out—call us today to schedule your tour!

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Inside
  • Year Built: 1978
  • Garage: 1-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 850
  • Acreage: 1
  • Est. Taxes: $783
  • Lot Desc: In County, Unincorporated
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • MLS#: G5094533
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/G5094533/231cr482s_lakepanasoffkee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/8/2025 11:32:13 PM)
Listing courtesy of CONNIE MAHAN REAL ESTATE GROUP   Phone: 352-569-0233

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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231 CR 482S, Lake Panasoffkee, FL, 33538

$289,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $231,920 $231,920 $231,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.152%
Monthly Tax Payment $65 $65 $65
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,447 $1,524 $1,941
Total Monthly Payment $1,587 $1,664 $2,081

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.