Property
ActiveCommercial
1/16
$248,000

131 N C 470

Lake Panasoffkee, FL 33538
0
Beds
0
Baths
900
SqFt
0.35
Acres
STELLAR
#G5109493
Updated: May 14, 2026, 10:08pm

Property Description

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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Property Details

Interior
Building Area Total
1314
Cooling
Central Air
Heating
Central
Living Area
900
Window Features
Aluminum Frames
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Direction Faces
South
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Metal
Year Built
1957
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Corner LotOversized Lot
Lot Size Acres
0.35
Lot Size Area
15438
Lot Size Dimensions
53 x 300
Lot Size Square Feet
15438
Lot Size Units
Square Feet
Number Of Lots
2
Other Structures
Outbuilding
Public Survey Range
22E
Public Survey Section
16
Road Frontage Type
County Road
Road Surface Type
Asphalt
Sewer
Septic Tank
Total Acreage
1/4 to less than 1/2
Utilities
Electricity Available
Water Source
Well
Zoning
CH
Financials
Additional Parcels
Yes
Additional Parcels Description
J16A097
Calculated List Price By Calculated Sq Ft
188.74
Contract Status Change Date
2026-03-12
Current Price
248000
Feed Types
BBO
Owner Name
OWNER OF RECORD
Ownership
Sole Proprietor
Parcel Number
J16A096
Public Survey Township
20S
Tax Annual Amount
1114.43
Tax Block
6
Tax Book Number
2-30
Tax Legal Description
LOT 6 & 7 BLK 6 LAKEVIEW TERRACE PLAT BOOK 2PAGE 30
Tax Lot
6
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33538 - Lake Panasoffkee
Subdivision Name
LAKE VIEW TERRACE
Listing provided courtesy of STELLAR via IDX. Updated: May 14, 2026, 10:08pm.
Joel Merritt

Listing Agent

SUMTER REALTY

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