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1244 COUNTY ROAD 437, Lake Panasoffkee, FL, 33538

2beds
2baths
1,204sqft
$179,000
$149price/sqft
$1,441/moest. monthly cost
$57,640/yrincome needed

About This Home

Welcome home to this cozy 2 bedroom 2 bath concrete block home situated on a spacious 1/4 acre corner lot in desirable Tracy's Point, an exclusive Lake Panasoffkee community. Upgrades include a newer roof, new windows, and hardwood flooring. Other features include a spacious 18X11 Florida Room, a 16X10 storage shed, and chain link fenced backyard. Residents of Tracy's Point enjoy deeded access to Lake Panasoffkee, renowned for its world class fishing, boating and outdoor recreation. This golf cart friendly community offers a relaxed atmosphere while remaining conveniently located to Interstate 75 and the Florida Turnpike for those needing to commute. Not to mention conveniently located to The Villages where you can find shopping, dining, and nightly entertainment. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this property presents all excellent opportunity to own a home in one of the area's most sought-after waterfront communities.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
South Sumter High SchoolGrades 7,9-128.1 mi
7/10

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Brick,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave
  • Laundry features: Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup

Bathroom1

  • Features: Built-in Closet
  • Level: First
  • Area: 55
  • Dimensions: 11x5

Bathroom2

  • Level: First
  • Area: 35
  • Dimensions: 7x5

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 117
  • Dimensions: 13x9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Engineered Hardwood,Tile
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,907
  • Total interior livable area: 1,204 sqft

Kitchen

  • Level: First
  • Area: 187
  • Dimensions: 17x11

Laundry

  • Level: First
  • Area: 35
  • Dimensions: 7x5

Living Room

  • Level: First
  • Area: 315
  • Dimensions: 21x15

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 140
  • Dimensions: 14x10

Property

Details

  • Parcel number: F32F079
  • Zoning: R4C
  • Special condition: Probate Listing

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Enclosed,Rear Porch
  • Exterior features: Other
  • Fencing: Chain Link
  • Waterfront features: Lake Privileges
  • Waterbody name: LAKE PANASOFFKEE
  • Residential vegetation: Oak Trees

Lot

  • Lot size: 9,977 sqft
  • Features: Corner Lot,In County,Level,Near Marina
  • Lot size dimensions: 100 x 100

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached,Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters in Sumter County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $905$10,860
Home Insurance *$135$1,620
Property Taxes $204$2,448
Electricity $197$2,366
Total$1,441$17,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,405/yr
40% on housing$43,230/yr
45% on housing$38,426/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.6%
16.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 33538$146
Sumter County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 33538$190
Sumter County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$179,000
2026-07-11Price change$179,000
2026-06-15Listed for sale$199,000
2021-04-05Sold$144,100
2021-02-11Pending sale$139,000
2021-02-11Listed for sale$139,000
2021-02-11Pending sale$139,000
2021-02-08Listed for sale$139,000
2015-07-02Sold$87,000
2015-05-28Pending sale$89,500
2015-04-11Listed for sale$89,500
2015-01-16Listing removed$98,500
2014-11-01Listed for sale$98,500
2013-10-24Sold$49,500
2013-09-03Price change$42,500
2013-07-10Listed for sale$49,900
2005-01-21Sold$99,700
2003-08-26Sold$81,500

For Sale by Agent

AgentJ.Y. Sizemore
BrokerageSUMTER REALTY

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