426 Nw 5th Road, Lake Panasoffkee, FL 33538

$225,000
2
BD
2
BA
960
SqFt

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Sold Price
$225,000
List Price
$250,000
Status
Sold
Days on Market
73
Closing Date
Feb 20, 2026
MLS#
OM712713
Property Style
Mobile Home
Year Built
1973
Bedrooms
2
Bathrooms
2
Living Area
960
Lot Size
7,115
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Magnolia Manor
MLS Area Major
Lake Panasoffkee

Property Description

A rare chance to own on Lake Panasoffkee with every major update already done! Wake up to open water views and end your day casting off the dock at sunset. This 2-bedroom, 2-bath lakefront home sits directly on 4,400-acre Lake Panasoffkee, one of the top bass fishing lakes in Central Florida. Offered fully furnished and move-in ready, it includes everything from linens and cookware to all large furniture pieces throughout. Interior living spaces were designed to take full advantage of the spectacular lake views, with an open layout connecting the living room, dining area, and kitchen. Sliding doors open to the lake, just steps from the private dock. Major improvements were completed in April 2025: new roof, new underbelly, and a new HUD-approved anchor system that allows FHA financing. The same project added new flooring, fresh interior paint, and new blinds. Important systems were upgraded in 2023, including the water heater, breaker panel, and A/C. Location puts you within roughly an hour of Orlando and the parks, Tampa and Busch Gardens, and Crystal River on the Gulf. Ocala is about forty minutes for the World Equestrian Center and Silver Springs State Park. Closer to home, enjoy airboat tours, fishing, and local spots like Catfish Johnny’s, Big Bass Grill, and In & Out Grill. Lakefront properties with this level of updating, livability, and financing flexibility are hard to find. Nothing left to do but turn the key and take in the water from your private dock.

Additional Information

Taxes
$762
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R4
Interior Layout
Ceiling Fans(s), Thermostat, Window Treatments
Interior Features
Ceiling Fans(s), Thermostat, Window Treatments
Floor
Concrete, Luxury Vinyl
Appliances
Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
Utilities
Electricity Connected, Water Connected
Heating
Central, Electric, Heat Pump
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Decorative, Wood Burning
Exterior Construction
Metal Siding
Exterior Features
Sliding Doors, Storage
Roof
Metal
Foundation
Crawlspace
Pool
No Pool
Garage Carport
1 Car Carport
Water Name
Lake Panasoffkee
Water Extras
Fishing Pier
Water View
Lake
Water Access
Lake
Water Frontage
Lake Front
Pets
Allowed
Flood Zone Code
AE
Parcel ID
J09D006
Legal Description
FROM SW COR OF NE1/4 RUN N 184 .58 FT N 74 DEG 28 MIN E 435.55 FT FOR POB RUN N 74 DEG 28 MIN E 75 FT TO WATERS EDGE N 95 FT TO CANAL W/LY ALONG CA NAL TO A PT N 18 DEG 45 MIN W 93 FT FROM BEG S/LY ALONG THIS LINE 93 FT TO POB ALSO AND UNDIVI1/152 IN T IN & TO FOL DE SC LAND W 50 FT LOT 17 BLK C MAGNOLIA MANOR ALSO E 150 FT O F S 312 FT OF SE1/4 OF NW 1/4 OR149 PG 714 OR 175 PG 17 4

Listing courtesy of BERKSHIRE HATHAWAY HS FLORIDA. 352-622-9700

Selling Office: FLORIDA REALTY INVESTMENTS.

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