$995,000

907 Cr 439b

LAKE PANASOFFKEE FL, 33538

Description

A unique Opportunity for this first time offered Lake Panasoffkee waterfront property. This property has multiple avenues of income. This property has an active Restaurant that the new owner can take over or rent out. Great property for events also. The current family members have run the restaurant for 37 years. You have a 4,000 sq ft operating restaurant, a 1,700 sq ft house that the family lives in next to the restaurant that you can rent and a 3.2 Acre Parcel for additional parking that is also zoned for a Mobile Home Park to allow 13 mobile homes that can bring in some nice revenues and currently has a 936 sq ft renovated home on it that rents for $1,000 per month. Many Marinas and fish camps in the area so this is a perfect property to expand on, create a fantastic Lakefront Dining Experience, live in or rent the house next door, rent the house on the front property and establish 12 or more additional cottages for additional income opportunities. All the properties are kept in meticulous condition. Text 91083 to 46835 to get more details. A tremendous opportunity for someone. Property has the potential for $18,000+ in monthly income. Contact us today for a private viewing of this one of a kind property.

Details

MLS#G5026985
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1957
Days On Site31

Features

SQ Feet7,827
Story(s)1
ZoningRESTAURANT

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Area Information

StateFL
CountySumter
CityLAKE PANASOFFKEE
Zip Code33538
Area33538 - Lake Panasoffkee
Listing VS Median (in 33538)
Price:
$995,000
low | high
Med:
$135,000
100% of Average
SqFt:
7,827
low | high
Med:
1,874
100% of Average
$ / SqFt:
$127
low | high
Med:
$72
93.332189227889% of Average
On Site:
31
low | high
Med:
218
14.220183486239% of Average
Listing Updated: 04/03/2020
MLS Number: G5026985
Listing Provided By:
Stephen Misciagno  of  RE MAX TITANIUM GROUP

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.