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MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Renaissance Realty Group

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Withlacoochee Lakeside Community

Farms & Ranches in Lake Panasoffkee, FL

Welcome to Lake Panasoffkee, a Sumter County community on a spring-fed lake that feeds the Withlacoochee River, known for fishing and its quiet Florida setting.

Lake Panasoffkee is a census-designated place in Sumter County, in central Florida, taking its name from the lake that defines the community. It lies in the gently rolling countryside of west-central Florida, near the Withlacoochee River and just off Interstate 75, roughly midway between the Orlando and Tampa regions. The county seat of Bushnell is a short drive to the east, and the large retirement community of The Villages lies to the northeast. The lake itself is the community's centerpiece. Lake Panasoffkee is a natural, spring-fed body of water covering about 4,460 acres, unusual for its shallow depth, which seldom exceeds four feet. On its western side the lake connects to the Withlacoochee River, a waterway that flows roughly 157 miles to the Gulf of Mexico. Those shallow, productive waters have made the lake a long-standing fishing destination, particularly for bluegill and red-ear sunfish, known locally as shellcracker, along with largemouth bass. The community that grew up around the lake has long had a water-oriented, seasonal character. Its economy and identity are tied to fishing, boating, and the Withlacoochee River corridor, with residential areas spreading along the lake's edges and the nearby highways. The surrounding region is a mix of pasture, forest, and river bottomland. Today Lake Panasoffkee serves as a quiet, water-centered community. Its position along Interstate 75 gives residents and visitors convenient access to central Florida's larger cities, while the lake and river keep the area tied to the outdoors. Public schools are provided by the Sumter County School District, and nearby Bushnell and Wildwood supply everyday services. The area's rural character and its location between the state's larger metropolitan areas give it a relaxed pace that contrasts with the busier towns and growing retirement communities nearby.

Population 4,072
County Sumter County
Active Listings 78
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Frequently Asked Questions

What county is Lake Panasoffkee in?

Lake Panasoffkee is in Sumter County, in central Florida. It is a census-designated place located on the lake of the same name, near Interstate 75, the Withlacoochee River, and the county seat of Bushnell.

What is Lake Panasoffkee like?

Lake Panasoffkee is a natural, spring-fed lake of about 4,460 acres. It is unusually shallow, with depths seldom exceeding four feet, and it connects to the Withlacoochee River, which flows about 157 miles to the Gulf of Mexico.

What fishing is Lake Panasoffkee known for?

Lake Panasoffkee is known for bluegill and red-ear sunfish, or shellcracker, fishing, with anglers drawn to its shallow, productive waters. The lake and the Withlacoochee River also support bass and other freshwater species.

How is Lake Panasoffkee accessed?

The community sits near Interstate 75, providing convenient access to central Florida and the Tampa and Orlando regions, while U.S. Route 301 runs through the area toward nearby Bushnell and Wildwood.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 4
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $200,000 -13.8%
square_foot Price per Sq Ft $131
schedule Avg Days on Market 101
sell Homes Sold 11
percent Sale-to-List Ratio 90.0%
inventory_2 Months of Inventory 8.1

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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Zip Codes

Browse listings by postal code in this area.

010 homes for saleMedian sale$295K1 sale in the last 90 days
003 homes for saleMedian sale$295K
0001 home for saleMedian sale$295K
00006 homes for saleMedian sale$295K
0000029 homes for saleMedian sale$370KPer sq ft$199 sales in the last 90 days
0060225 homes for saleMedian sale$417.5KPer sq ft$3124 sales in the last 90 days
0060322 homes for saleMedian sale$235KPer sq ft$7273 sales in the last 90 days
0061228 homes for saleMedian sale$160KPer sq ft$1685 sales in the last 90 days
0062359 homes for saleMedian sale$240KPer sq ft$19214 sales in the last 90 days
006418 homes for saleMedian sale$262KPer sq ft$1762 sales in the last 90 days
00646141 homes for saleMedian sale$1.5MPer sq ft$59625 sales in the last 90 days
0066239 homes for saleMedian sale$463KPer sq ft$2939 sales in the last 90 days
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