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.
Sold for $225,000
$225,000
426 NW 5th Rd, Lake Panasoffkee, FL 33538
2beds
960sqft
Mobile Home
Built in 1973
7,115 Square Feet Lot
$224,900 Zestimate®
$234/sqft
$1,813 Estimated rent
Home value
$224,900
$214,000 - $236,000
$1,813/mo
Zestimate® history
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$1,360/mo
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Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 06:55am
Listing Provided by:
Marlene Williamson 352-812-9319,
BERKSHIRE HATHAWAY HS FLORIDA 352-622-9700
Bought with:
Alice McKillips, 3147536
FLORIDA REALTY INVESTMENTS
Source: Stellar MLS,MLS#: OM712713
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Dual Closets
- Level: First
- Area: 208 Square Feet
- Dimensions: 16x13
Primary bathroom
- Features: Linen Closet
- Level: First
- Area: 70 Square Feet
- Dimensions: 5x14
Kitchen
- Level: First
- Area: 144 Square Feet
- Dimensions: 9x16
Living room
- Level: First
- Area: 209 Square Feet
- Dimensions: 11x19
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), Thermostat
- Flooring: Concrete, Luxury Vinyl
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments
- Has fireplace: Yes
- Fireplace features: Decorative, Wood Burning
- Furnished: Yes
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Front, Lake Privileges, Fishing Pier
- Body of water: LAKE PANASOFFKEE
Lot
- Size: 7,115 sqft
Details
- Parcel number: J09D006
- Zoning: R4
- Special conditions: None
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Mobile Home
Materials
- Metal Siding
- Foundation: Crawlspace
- Roof: Metal
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Location
- Region: Lake Panasoffkee
- Subdivision: MAGNOLIA MANOR
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Body type: Double Wide
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Road surface type: Limerock
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $225,000-10%$234/sqft |
Source:  Stellar MLS #OM712713 Report a problem | ||
| 1/14/2026 | Pending sale | $250,000$260/sqft |
Source: Stellar MLS #OM712713 Report a problem | ||
| 1/14/2026 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Listed for rent | $1,800-9.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2025 | Listed for sale | $250,000$260/sqft |
Source: Stellar MLS #OM712713 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $762 +43.8% | $39,010 |
| 2023 | $530 +27.3% | $39,010 +38.8% |
| 2022 | $416 -7.2% | $28,110 |
Find assessor info on the county website
Neighborhood: 33538
Nearby schools
GreatSchools rating
- 8/10Lake Panasoffkee Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10South Sumter High SchoolGrades: 7,9-12Distance: 6.4 mi
- 7/10South Sumter Middle SchoolGrades: 6-8Distance: 10.5 mi
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Estimated market value
$224,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$224,900
- Florida
- Sumter County
- Lake Panasoffkee
- 33538
- 426 NW 5th Rd
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