426 NW 5TH ROAD
Lake Panasoffkee, FL 33538

$250,000
Subdivision: Magnolia Manor

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.

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Sue Albritton
Landmark Mortgage Planners

Basic Information
MLS#: OM712713
Price: $250,000
Square Footage: 960
Bedrooms: 2
Bathrooms: 2 Full
Acreage: 0.16
Year Built: 1973
Details
Waterfront/water view: Lake Front
Water Extras: Fishing Pier
Heating: Central,Electric,Heat Pump
Cooling: Central Air
Listing Courtesy Of: BERKSHIRE HATHAWAY HS FLORIDA - 352-622-9700



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