26 CANAL WAY, LAKE PANASOFFKEE, FL, 33538
Active441 days on marketListed May 22, 2025MLS #G5097379
About this home
26 CANAL WAY
Huge price improvement!! Welcome home to this move in ready 3/2 double wide mobile home in desirable River's Edge Estates. Has split bedroom floorplan with spacious master bath, breakfast nook, and more. Comes partially furnished and includes all appliances. Also has a Florida room with new carpet, workshop, and screened porch. The oversized lot also has approximately 20 feet on a canal leading to the Outlet River which provides access to beautiful Lake Panasoffkee and the Withlacoochee River. For those commuting Interstate 75 and the Florida Turnpike are approximately 10-15 minutes away. The Villages are also located approximately 15 minutes away providing shopping, dining, and nightly entertainment. Schedule your showing today.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,248
Sqft
0.26 ac
Lot size
1996
Year built
One
Levels
$88
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,009 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,009/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Panasoffkee actives
$88 vs $172
Days on market
441 vs 50 typical
Where $88/sqft sits among the 41 Lake Panasoffkee actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Panasoffkee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Panasoffkee. See the full Lake Panasoffkee guide →
LAKE PANASOFFKEE 33538 — neighborhood snapshot
Population
5,748
Median age
47.6
Median income
$48,951
Median home value
$157,200
Avg household
2.13
Households w/ children
692
For the school run
Sumter County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Panasoffkee market
$194K → $166K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
27 of 41
Lake Panasoffkee actives have cut their price
Median sold price, Lake Panasoffkee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 36% below the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 26 CANAL WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$120,000
46 WILDERNESS DRIVE · same community
3 bd · 2 ba · 1,568 sqft · $77/sqft · 105 DOM
Sold · Jan ’26$82,500
16 WILDERNESS DRIVE · same community
2 bd · 2 ba · 700 sqft · $118/sqft · 36 DOM
Sold · Jan ’26$500,000
3693 CR 400
3 bd · 3 ba · 1,334 sqft · $375/sqft · 312 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 26 CANAL WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 26 CANAL WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
26 CANAL WAY FAQs
What would the monthly payment be for 26 CANAL WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,009/mo — principal and interest, the actual property-tax bill, the $70/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 26 CANAL WAY?+
The association fee works out to $70 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 26 CANAL WAY?+
The most recent tax bill on record (2024) was $991. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 26 CANAL WAY?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Panasoffkee?+
At $110,000, this home is listed about 42% below the Lake Panasoffkee median of $189,500. The market section on this page shows how the area is trending.
Which schools are assigned to 26 CANAL WAY?+
Lake Panasoffkee Elementary School (elementary), South Sumter Middle School (middle) — Sumter County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the LAKE PANASOFFKEE 33538 market on paper
$110,000 is 36% below the LAKE PANASOFFKEE 33538 median of $172,000, and at $88/sqft it sits under the Lake Panasoffkee average of $186.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
441 days on market against a Lake Panasoffkee median of 50 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Lake Panasoffkee Elementary School, South Sumter Middle School — South Sumter Middle School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $150,000, now $110,000 — a $40K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SUMTER REALTY · J.Y. Sizemore. MLS #G5097379.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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