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Bean Group
Offered at $195,000Active
beds
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baths
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sq ft
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Built
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0 W Sumter Avenue

Lake Panasoffkee, FL 33538

About this home

Build your dream home on this exceptional 4.1-acre parcel in beautiful Sumter County! This unique property offers the perfect blend of privacy, natural beauty, and future potential. A recent Vested Rights Determination issued by Sumter County confirms the parcel has vested development rights for one site-built single-family residence, providing added confidence for future development, subject to obtaining the required permits and approvals. Whether you're looking to build your forever home, create a private country retreat, or invest in land with confirmed development rights, this property is an outstanding opportunity. Enjoy the peaceful rural setting while still being conveniently located near shopping, dining, recreation, and The Villages. Don't miss your chance to own this beautiful piece of Florida land with documented vested building rights already recognized by Sumter County. Comes with a 50AMP pilar. Perfect for your RV or build your dream home on this peaceful 4.1-acre parcel located in the quiet Lake Panasoffkee area of Sumter County. Zoned RR-1 (Rural Residential), this property allows single-family or manufactured housing and offers plenty of room for privacy, animals, gardens, and storage buildings. Enjoy a true country lifestyle while still being just a short drive to I-75, The Villages, Bushnell, and nearby shopping and dining. No HOA. No CDD. Bring your boat, Lake Panasoffkee is known for world-class fishing and natural Florida beauty. This is the perfect opportunity for those seeking space, freedom, and rural living. Buyer to verify building requirements with Sumter County. This property already has a well, septic system, and metered electric on-site, saving the buyer tens of thousands of dollars. Most vacant parcels require everything to be installed from scratch; this one is already set up. This isn't just raw land, it's already cleared, cleaned, and has well, septic, and metered electric in place. Local amenities include grocery, fuel, dining, and daily services, with larger shopping and retail centers available in Bushnell, Wildwood, and The Villages. Medical services and regional medical centers are also located within a short drive in The Villages and surrounding areas. Enjoy convenient travel access with I-75 located nearby: " Approximately 45-60 minutes to the Tampa area " Approximately 1+ hour to the Orlando area " Approximately 25-35 minutes to The Villages

Listing last checked: Listing updated:

Listed by Yamira Rodriguez · My Realty Group, LLC. · MLS #R11152375

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Details at a glance

Building1 property facts
Style
Agriculture
Land & utilities4 property facts
Lot size
4.1 acres
Water
Well
Sewer
Septic Tank
Zoning
RR1
Financial2 property facts
Annual taxes
$570
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $195,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,033 / monthAdjust
Principal & interest
$986
Property tax
$47
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $570. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 1 supplied

Sold Sep 7, 2026

$200,000

6694 5th Road

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About 0 W Sumter Avenue

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Request a tour of 0 W Sumter Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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