2900 Co Rd 415
Lake Panasoffkee, FL 33538
- 3 Beds
- 2 Baths
- 1 Half Bath
- 2051 Sqft.
Suncoast Realty Solutions
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Listing Description
Lake Panasoffkee, Florida Community Overview: Lake Panasoffkee is a laid-back, rural community located in Sumter County in Central Florida. Known for its namesake lake, natural beauty, and relaxed pace of life, Lake Panasoffkee attracts outdoor enthusiasts, retirees, and those seeking an affordable escape from urban sprawl while still remaining within reach of The Villages, Ocala, and Tampa.
✅ Why People Love Lake Panasoffkee
✔ Affordable housing and cost of living
✔ Renowned fishing, boating, and nature preserves
✔ Quiet, small-town atmosphere with friendly locals
✔ Easy access to I-75 and nearby urban areas
✔ Ideal for retirees and outdoor lovers
🏡 Real Estate & Housing
Lake Panasoffkee offers a variety of modest, nature-oriented housing options:
🏠 Single-family homes – Found throughout the area, many on spacious lots or near the lake.
🌴 Lakefront & canal-access homes – Popular with boating and fishing enthusiasts.
🏘️ Mobile homes & manufactured home communities – Provide affordability and low maintenance living.
💰 Median Home Price: Well below the Florida average, making it attractive for retirees and budget-conscious buyers.
🏖️ Lifestyle & Attractions
Lake Panasoffkee – One of Florida’s top bass fishing lakes, known for boating and serene views.
Lake Panasoffkee Wildlife Management Area – 9,900+ acres of protected land for hiking, hunting, and wildlife viewing.
Tracy’s Point Fishing Lodge & Local Marinas – A hub for anglers and visiting nature tourists.
Nearby Attractions: The Villages (~20 minutes north), Homosassa Springs, and Withlacoochee State Trail.
📊 Demographics & Economy
Population: Approx. 4,500 residents
Median Household Income: ~$40,000
Major industries:
Outdoor recreation & tourism (lodging, marinas, guides)
Agriculture & land services
Small businesses & local services
Health care (with proximity to The Villages and Ocala medical systems)
🎓 Education & Schools
Lake Panasoffkee is served by the Sumter County School District:
Lake Panasoffkee Elementary School – Centrally located and highly regarded by local families
South Sumter Middle & High Schools – located nearby in Bushnell
Nearby Higher Education: Lake–Sumter State College (Leesburg Campus), College of Central Florida (Ocala)
🚗 Transportation & Accessibility
Interstate 75: Runs along the east side of town, providing direct access to Tampa and Ocala
Closest Airports:
Ocala International Airport – ~40 minutes
Tampa International Airport (TPA) – ~75 minutes
Local Roads: County Road 470 & U.S. 301 connect to surrounding communities
Public Transit: Limited—most residents rely on personal vehicles
☀️ Climate & Outdoor Living
Climate: Humid subtropical – hot, wet summers and mild, dry winters
Outdoor Life: Year-round fishing, hiking, airboat tours, and birdwatching
Community Vibe: Quiet, nature-centered, and retiree-friendly with strong local pride
Lake Panasoffkee offers a peaceful, affordable slice of Florida for those who prioritize nature, simplicity, and access to one of the best fishing lakes. Whether you’re retiring, escaping city life, or looking for a lakeside getaway, Lake Panasoffkee is a hidden gem worth discovering.