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2992 N C 470
LAKE PANASOFFKEE FL 33538 US

$995,000

Active Listing ID G5110150
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Lot: 48.60 Acres
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$995,000

Active Listing ID G5110150
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2992 N C 470 Discover this stunning outlet river-front property in Lake Panasoffkee! This unique 48.6-acre property is mostly wooded with a few open areas, featuring two ponds and several low-lying spots. It includes a house and a mobile home—the latter currently rented—though the true value lies in the expansive land. Free-roaming horses add to the rural charm and scenic appeal. The largest parcel boasts split zoning of A10C and RR5, with the remaining three parcels zoned R4M, offering possibilities. With approximately 1, 655 feet of frontage along the outlet and 1, 125 feet on C-470, this property is ideal for fishing, boating, or simply enjoying waterfront living. By water, it’s about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether you’re seeking a private retreat, a development opportunity, or a recreational haven, this property delivers. Easy access to restaurants, shopping, and major highways enhances the convenience of this one-of-a-kind location. 5-minute drive to I-75 and conveniently close to SR 44 to the north. The popular community of The Villages is a short 20-minute drive to the east, while Inverness lies to the west. Orlando and Tampa are each just about an hour away, making this location perfect for both recreation and accessibility.

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Property Features

  • Facts
  • Lot Size: 48.60 Acres
  • Property Type: Land
  • Property Sub-type: Other
  • Additional Features
  • Waterfront

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 995000
  • unparsedaddress: 2992 N C 470
  • postalcity: LAKE PANASOFFKEE
  • stateorprovince: FL
  • country: US
  • postalcode: 33538
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 48.6
  • lotsizeunits: Acres
  • lotsizearea: 48.6
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 28.80256
  • longitude: -82.14646
  • listagentfullname: Danny Smith
  • listagentemail: dannysmith@ccim.net
  • listagentkey: 3yd-MFRMLSFL-260562007
  • listagentmlsid: 260562007
  • listagentpreferredphone: 3524617786
  • listagentofficephone: 3524617786
  • listofficekey: 3yd-MFRMLSFL-271500746
  • listagentstatelicense: 646735
  • listofficemlsid: 271500746
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • listingcontractdate: 2026-04-06
  • countyorparish: Sumter
  • parcelnumber: F30-011
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: True
  • waterfrontfeatures: Canal - Freshwater, Waterfront
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.14646, 28.80256
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Smith and Smith Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dannysmith@ccim.net", "ListBrokerageCity":"Wildwood", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dannysmith@ccim.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Smith and Smith Realty", "ListBrokeragePhone":"352-461-7786", "ListBrokeragePostalCode":"34785", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1102 N Main Suite F", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"10879 north us hwy 301", "ListOfficeAddress2":"Suite 4", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"oxford", "ListOfficeCountry":"US", "ListOfficeEmail":"billiefaye@smithsmithrealty.com", "ListOfficePostalCode":"34484", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Land - LAKE PANASOFFKEE, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2992-N-C-470_Lake-Panasoffkee_FL_33538_M93764-22004?f=listhub&s=MFRMLSFL&m=G5110150&c=rexren", "MLSModificationTimestamp":"2026-04-07T21:52:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Land", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2767.8, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/8/2026 4:05:48 AM GMT
Source Updated Date: 4/12/2026 6:49:20 AM GMT

Courtesy of: Danny Smith, SMITH & SMITH REALTY, INC., dannysmith@ccim.net

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.