To schedule a showing of 131 N C 470, Lake Panasoffkee, Florida, Call David Shippey at 863-521-4517 TODAY!

$248,000 | N/A beds | N/A full baths | N/A half baths | 900 sqft

$248,000 Reduced -$27,000
131 N C 470
Lake Panasoffkee, FL 33538
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • 900SqFt
  • 1957Year Built
  • 0.35Acres
  • MLS# G5109493
  • Commercial
  • Business
  • Active

  • Approx Time on Market3 months, 3 days
  • Area33538 - Lake Panasoffkee
  • CountySumter
  • Subdivision Lake View Terrace

Overview

Huge price reduction!! This commercial property is in two separate but adjoining parcels that are zoned heavy commercial with 1314 sq. ft. concrete block building. The property is in a great location for a business on busy CR 470 and only 1/4 mile from I-75. There is approximately 60ft frontage on CR 470 and approx. 300 ft on CR 490. There is quite a bit of property that is not built on to allow for expansion. The property is .354 acres.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Building Info

Window Features:  AluminumFrames

Roof:  Metal

Building Area Source:  PublicRecords

Business Info

Buyer Compensation

Exterior Features

Financial

Original Price:  $275,000

Garage / Parking

Green / Env Info

Interior Features

Levels:  One

Lot Info

Direction Remarks:  From I-75 and CR 470 travel west to CR 490, turn right and property is on right.

Number of Lots:  2

Lot Size Units:  Acres

Lot Size Acres:  0.35

Lot Sqft:  15,438

Road Frontage Type:  CountyRoad

Est Lotsize:  53 x 300

Lot Desc:  CornerLot, OversizedLot

Other

Other Structures:  Outbuilding

Special Conditions:  None

Other Rooms Info

Property Info

Section:  16

Class Type:  Business

Property Sub Type:  Business

Construction Materials:  Block

Stories:  1

Foundation:  Slab

Sqft Info

Sqft:  900

Bulding Area Sqft:  1,314

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  6

Tax Legal Description:  LOT 6 & 7 BLK 6 LAKEVIEW TERRACE PLAT BOOK 2PAGE 30

Tax Block:  6

Tax Annual Amount:  1114.43

Tax Book Number:  2-30

Unit Info

Utilities / Hvac

Heating:  Central

Water Source:  Well

Sewer:  SepticTank

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityAvailable

Waterfront / Water

Directions

From I-75 and CR 470 travel west to CR 490, turn right and property is on right.

This listing courtesy of Sumter Realty 

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Price & Status History (on davidshippey.com since Thu, Mar 12th 2026)
  • Original Price: $275,000
  • Current Price: $248,000
  • Price Reduced: $27,000
Date ChangedFromTo
05/13/2026$275,000 $248,000 Reduced by $27,000

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If you have any questions on 131 N C 470, Lake Panasoffkee, Florida, please call David Shippey at 863-521-4517.


MLS# G5109493 located at 131 N C 470, Lake Panasoffkee, Florida is brought to you by David Shippey REALTOR®

131 N C 470, Lake Panasoffkee, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 131 N C 470, Lake Panasoffkee, Florida is G5109493.
The price for 131 N C 470, Lake Panasoffkee, Florida is $248,000.
The status of 131 N C 470, Lake Panasoffkee, Florida is Active.
The subdivision of 131 N C 470, Lake Panasoffkee, Florida is Lake View Terrace.
The home located at 131 N C 470, Lake Panasoffkee, Florida was built in 2026.