$350,000

FOR SALE

896 Cr 485a

Lake Panasoffkee, Fl, 33538

MLS #S5158664

Subdivision: Panasoffkee Retreats

Building: -

4 Beds

3/- Baths

1876 sqft

$ 186.57 /sqft

Property Details

Fully Renovated 5 Bedrooms 3 Bathrooms Pool Lake Access Turnkey Furnished Investment PropertyWelcome 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 20222023.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 youre 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.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Restrictions
-
Furnished
Furnished
Flooring
Luxury Vinyl, Tile
No. of Floor
-
Terms Considered
-
Year Built
1968
Cooling
Central Air
Pets Allowed
-
Amenities
-
Interior
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Block
Security
-
Heating
Central, Electric
Garage/Carport
-
Dining Area
-
Exterior
Lighting, Private Mailbox, Storage
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
1
Pool
1
Gated Community
-
Status
Active
Listing Office
LA ROSA REALTY LLC

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Listing Courtesy of: LA ROSA REALTY LLC