645 CR 485A, LAKE PANASOFFKEE, FL, 33538
Active166 days on marketListed Feb 19, 2026MLS #G5107935
About this home
645 CR 485A
If you’ve been searching for a well-built waterfront home in Lake Panasoffkee with direct canal access to the lake, this property deserves your attention. Located on a canal just off Lake Panasoffkee, this home offers peaceful water views, excellent construction, and true Florida outdoor living. Constructed with durable metal siding and roofing, this home was built with strength and longevity in mind. Inside, you’ll find an open-concept layout with vaulted ceilings that make the main living area feel bright and spacious. Natural light pours in through multiple windows, showcasing clean lines, modern finishes, and a comfortable lake-house feel. The kitchen is thoughtfully designed with solid surface countertops, stainless appliances, ample cabinetry, and a functional galley layout that maximizes space and efficiency. The living and dining areas flow seamlessly together, creating an inviting setting for everyday living or weekend guests. The home features two well-appointed bedrooms and a beautifully finished bathroom with a walk-in tiled shower, subway tile walls, and pebble-style flooring for a custom touch. Step outside to the covered back porch overlooking the canal — this is where the lifestyle truly comes together. Enjoy morning coffee while watching the water, unwind in the evenings, or cast a fishing line right from your backyard. With quick access to Lake Panasoffkee, you’re minutes from boating, fishing, and exploring one of Central Florida’s most loved natural lakes. The property also includes a large covered metal carport structure, detached storage sheds for tools or hobbies, a dedicated laundry area, a covered patio with outdoor seating space, a hot tub setup overlooking the water, and open yard space with room to expand or personalize your outdoor living area. Whether you're looking for a full-time residence, seasonal retreat, Airbnb opportunity, or a fisherman’s getaway, 645 CR 485A offers solid construction, water access, and low-maintenance living in a prime Lake Panasoffkee location. Canal-front. Durable build. Move-in ready. Schedule your private showing and experience Florida waterfront living at its best.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
720
Sqft
0.22 ac
Lot size
2024
Year built
One
Levels
$486
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 — not generic estimates.
$2,481 /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
$2,481/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
$486 vs $167
Days on market
166 vs 53 typical
Where $486/sqft sits among the 39 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 → $169K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
25 of 39
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 105% above the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 645 CR 485A
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$47,000
1068 CR 461
3 bd · 1.5 ba · 708 sqft · $66/sqft · 43 DOM
Sold · Aug ’25$80,000
1134 CR 464
2 bd · 1 ba · 780 sqft · $103/sqft · 37 DOM
Sold · Dec ’25$140,000
1141 NW 12TH LANE
2 bd · 2 ba · 784 sqft · $179/sqft · 35 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 645 CR 485A — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 645 CR 485A — 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
645 CR 485A FAQs
What would the monthly payment be for 645 CR 485A?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,481/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 645 CR 485A?+
The most recent tax bill on record (2025) was $1,281. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Panasoffkee?+
At $349,900, this home is listed about 85% above the Lake Panasoffkee median of $189,000. The market section on this page shows how the area is trending.
Which schools are assigned to 645 CR 485A?+
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
Four things that matter here
01Positioned at the premium end
$349,900 runs 105% above the LAKE PANASOFFKEE 33538 median.
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
166 days on market against a Lake Panasoffkee median of 53 — 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.
Keep looking
Similar homes nearby
Listing courtesy of EXIT REAL ESTATE RESULTS · Shawna Lafont. MLS #G5107935.
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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