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Wade M. Berlin

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426 5th Road
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PRICED AT ONLY: $250,000

Address: 426 5th Road, LAKE PANASOFFKEE, FL 33538

Description

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 Johnnys, 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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  • MLS#: OM712713 ( Residential )
  • Street Address: 426 5th Road
  • Viewed: 22
  • Price: $250,000
  • Price sqft: $260
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake Front
  • Year Built: 1973
  • Bldg sqft: 960
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 27
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sliding Doors, Storage
  • Flooring: Concrete, Luxury Vinyl
  • Living Area: 960.00
  • Roof: Metal
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Pets Allowed: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s), Thermostat, Window Treatments
  • Legal Description: FROM SW COR OF NE1/4 RUN N 184 .58 FT N 74 DEG 28 MIN E 435.55 FT FOR POB RUN N 74 DEG 28 MIN E 75 FT TO WATERS EDGE N 95 FT TO CANAL W/LY ALONG CA NAL TO A PT N 18 DEG 45 MIN W 93 FT FROM BEG S/LY ALONG THIS LINE 93 FT TO POB ALSO AND UNDIVI1/152 IN T IN & TO FOL DE SC LAND W 50 FT LOT 17 BLK C MAGNOLIA MANOR ALSO E 150 FT O F S 312 FT OF SE1/4 OF NW 1/4 OR149 PG 714 OR 175 PG 17 4
  • Levels: One
  • Area Major: 33538 - Lake Panasoffkee
  • Occupant Type: Vacant
  • Parcel Number: J09D006
  • Possession: Close Of Escrow
  • View: Water
  • Views: 22
  • Zoning Code: R4
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Wade M. Berlin