131 N C 470, LAKE PANASOFFKEE, FL 33538 | MLS #MFRG5109493 | Berkshire Hathaway HomeServices Florida Network Realty
Maria Wilkes

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Listing provided courtesy of SUMTER REALTYas Distributed by MLSGrid- MLS# MFRG5109493MLS Provider

131 N C 470LAKE PANASOFFKEE, FL 33538

Commercial · 900 Sq. ft. | 0.35 Acres
$248,000 Active

131 N C 470 Overview

Time on Site:
110 days
Visits:
0

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.

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131 N C 470 Facts & Features

  • Type Commercial
  • Sq. ft. 900
  • Price/Sq.ft. $276
  • Lot 0.35 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1957

Location/Region

  • Country: US
  • County Or Parish: Sumter
  • MLS Area Major: 33538 - Lake Panasoffkee
  • Subdivision Name: LAKE VIEW TERRACE
  • Township: 20S

Tax Information

  • Tax Annual Amount: 1114.43
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Ownership: Sole Proprietor
  • Parcel Number: J16A096
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: CH

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1314
  • Building Area Units: Square Feet

General Information

  • Building Features: Bathrooms
  • Cooling: Central Air
  • Foundation Details: Slab
  • Heating: Central
  • Levels: One
  • Living Area: 900
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Window Features: Aluminum Frames

Exterior

Lot Information

  • Additional Parcels Description: J16A097
  • Additional Parcels: Yes
  • Lot Features: Corner Lot,Oversized Lot
  • Lot Size Acres: 0.35
  • Lot Size Dimensions: 53 x 300
  • Lot Size Square Feet: 15438
  • Number Of Lots: 2
  • Road Surface Type: Asphalt
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Direction Faces: South
  • Roof: Metal

General Information

  • Other Structures: Outbuilding
  • Road Frontage Type: County Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available

131 N C 470 Neighborhood

Community

33538 (LAKE PANASOFFKEE) Demographics

51
Median Age
50
Population Density (per sq. mile)
20%
College Educated
$38,231
Estimated Median Income
1,733
Estimated Total Home Owners
470
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

131 N C 470 Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

131 N C 470 Market Data

Based on the last 30 days in this zip code

$234,644
Average List Price
$185
Average Price per Square Foot
7
Properties Sold
145
Average Days on Market
62
Properties for Sale
Calculations provided by Reliance Network

131 N C 470 History

Date Event Value Agent
5/13/2026Source: My Florida Regional MLS Price Reduction
$248,000 -9.8%
3/12/2026Source: My Florida Regional MLS Added to Database
March 12, 2026