457 NW 5TH ROAD, LAKE PANASOFFKEE, FL, 33538
Active2 days on marketListed Sep 2, 2026MLS #G5117067
About this home
457 NW 5TH ROAD
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!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,863
Sqft
0.15 ac
Lot size
1998
Year built
One
Levels
$148
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,956 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,956/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Panasoffkee actives
$148 vs $178
Days on market
2 vs 42 typical
Where $148/sqft sits among the 38 Lake Panasoffkee actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Panasoffkee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Panasoffkee. See the full Lake Panasoffkee guide →
The numbers that matter
The Lake Panasoffkee market
$194K → $163K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
20 of 38
Lake Panasoffkee actives have cut their price
Median sold price, Lake Panasoffkee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 47% above the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 457 NW 5TH ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$232,900
845 CR 467
3 bd · 2 ba · 1,959 sqft · $119/sqft · 81 DOM
Sold · Apr ’26$285,900
1193 NW 12TH LANE
4 bd · 2 ba · 2,010 sqft · $142/sqft · 89 DOM
Sold · Feb ’26$254,000
1412 CR 482N
3 bd · 2 ba · 1,716 sqft · $148/sqft · 8 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kathy Miller
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 457 NW 5TH ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 457 NW 5TH ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Kathy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
457 NW 5TH ROAD FAQs
What would the monthly payment be for 457 NW 5TH ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,956/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 457 NW 5TH ROAD?+
The most recent tax bill on record (2025) was $669. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 457 NW 5TH ROAD?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Panasoffkee?+
At $275,000, this home is listed about 25% above the Lake Panasoffkee median of $220,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$275,000 runs 47% above the LAKE PANASOFFKEE 33538 median — but at 1,863 sqft it's also 62% larger than the typical Lake Panasoffkee listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 2 days on market in a Lake Panasoffkee market that averages 42 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of FLAMINGO REAL ESTATE & MNGMT · April Connolly. MLS #G5117067.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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