Manufactured Home at 457 NW 5TH RD, LAKE PANASOFFKEE
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17 photos

$275,000

457 NW 5TH RD
LAKE PANASOFFKEE, FL 33538
Listed by April Connolly · FLAMINGO REAL ESTATE & MNGMT
Bedrooms
3
Bathrooms
2
Living area
1,863 sqft
Year built
1998

About this home

WATERFRONT LIVING JUST 50 YARDS FROM LAKE PANASOFFKEE! Enjoy the best of Florida living in this beautifully maintained 3-bedroom, 2-bath triple-wide manufactured home offering 1,863 sq. ft. of spacious, light-filled living in a quiet neighborhood. Situated directly on a canal leading to Lake Panasoffkee, this move-in-ready home features a NEW ROOF, NEW luxury vinyl plank flooring, updated bathrooms and an abundance of windows that fill the home with natural Florida sunshine. The spacious living area features a cozy WOOD-BURNING FIREPLACE, while the large kitchen with center island provides plenty of room for family get-togethers, holiday gatherings and entertaining friends. With generous space for cooking, serving and gathering around the island, the kitchen truly becomes the heart of the home. The generously sized primary bedroom features a spacious ensuite bathroom with a large soaking tub—the perfect place to relax and unwind at the end of the day. Step outside to the LARGE SCREENED-IN BACK PORCH overlooking the canal, where you can sip your morning coffee, enjoy beautiful sunrises and relax during peaceful evenings by the water. Just approximately 50 yards away is Lake Panasoffkee, a 4,460-acre spring-fed lake known for its exceptional largemouth bass and panfish fishing—an ideal setting for those who love fishing, boating and the Florida outdoors. Enjoy the peaceful waterfront setting without giving up convenience! Located approximately 10 minutes from I-75 and only 20 minutes from The Villages, you'll have easy access to an incredible selection of dining, shopping, golf courses and entertainment. The convenient Central Florida location also provides an easy commute to Ocala, Leesburg, Tampa and Orlando, making it easy to enjoy everything the region has to offer while coming home to the peace and quiet of Lake Panasoffkee. Best of all, enjoy the freedom of NO HOA AND NO CDD FEES! A carport and two storage sheds provide additional space for vehicles, fishing gear and outdoor equipment. Whether you're searching for a full-time residence, seasonal retreat or waterfront getaway, this home offers an inviting combination of SPACE, COMFORT, UPDATES, CONVENIENCE and WATERFRONT LIVING. Bring your fishing poles, invite the family and start making memories on Lake Panasoffkee!

Highlights

WaterfrontFireplace

Property details

MLS #
MFRG5117067
Property type
Manufactured Home
Subdivision
MAGNOLIA MANOR ADD 02
Status
Active
Days on market
1
On market date
September 2, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.15 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
LAKE PANASOFFKEE ELEMENTARY SCHOOL
0.69 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
572
Student:teacher ratio
16.8:1
District
SUMTER
Middle
None found nearby
High
SOUTH SUMTER HIGH SCHOOL
6.3 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
991
Student:teacher ratio
16.8:1
District
SUMTER

Walkability

Blended score for LAKE PANASOFFKEE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable
Google Places amenity density
18 / 100
Restaurants & cafes1
Grocery stores0
Parks2
Schools1
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,806/mo
$55,000 down
$220,000 loan
Principal & interest$1,427
Property tax (est.)$229
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.