3809 CR 405N, LAKE PANASOFFKEE, FL, 33538
Active10 days on marketListed Sep 11, 2026MLS #G5117708
About this home
3809 CR 405N
Spacious 3-Bedroom Home with Canal Access Potential Discover the opportunity to own a spacious 3-bedroom, 2-bathroom home in a growing area with plenty of room, flexibility, and potential! Offering significantly more living space than reflected in the tax records, this property is ready for its next owner to make it their own. Inside, you’ll find generous living areas, a cozy fireplace, abundant storage, and a layout with plenty of space to spread out. Outside, the property continues to impress with two exterior storage areas, a covered carport, a rear patio perfect for grilling and entertaining, and a fully fenced backyard. A recently replaced roof adds valuable peace of mind. The backyard also backs to a canal that connects to Lake Panasoffkee during higher water levels, creating exciting potential for enjoying the surrounding waterways. With no HOA, you have the freedom to bring your boat, RV, equipment, and other recreational toys. Whether you're looking for a primary residence, investment opportunity, or a property with room to add your own vision, this home offers space, versatility, and plenty of possibilities. Don't miss the opportunity to see all this property has to offer!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,420
Sqft
0.27 ac
Lot size
1973
Year built
One
Levels
$74
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.
$882 /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
$882/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
$74 vs $178
Days on market
10 vs 42 typical
Where $74/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 →
LAKE PANASOFFKEE 33538 — neighborhood snapshot
Population
5,748
Median age
47.6
Median income
$48,951
Median home value
$157,200
Avg household
2.13
Households w/ children
692
The numbers that matter
The Lake Panasoffkee market
$194K → $163K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
18 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 45% below the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 3809 CR 405N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$70,000
3809 CR 405N · same community
3 bd · 2 ba · 1,420 sqft · $49/sqft · 43 DOM
Sold · May ’26$159,900
2380 NW 34TH PLACE · same community
1 bd · 1 ba · 1,104 sqft · $145/sqft · 45 DOM
Sold · Jul ’26$150,000
2399 NW 34TH PLACE
3 bd · 2 ba · 1,440 sqft · $104/sqft · 54 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 3809 CR 405N — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3809 CR 405N — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3809 CR 405N FAQs
What would the monthly payment be for 3809 CR 405N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $882/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 3809 CR 405N?+
The most recent tax bill on record (2024) was $690. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Panasoffkee?+
At $104,995, this home is listed about 52% below 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
01Under the LAKE PANASOFFKEE 33538 market on paper
$104,995 is 45% below the LAKE PANASOFFKEE 33538 median of $190,000, and at $74/sqft it sits under the Lake Panasoffkee average of $207.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $119,900, now $104,995 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ERA GRIZZARD REAL ESTATE · Melissa Barnes. MLS #G5117708.
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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