CENTURY 21 Edge
✦ Office

Commercial Sale · Office

$450,0002,596 sq ft$173 /sq ft0.5 acres

1283 CR 463B, LAKE PANASOFFKEE, FL, 33538

Active31 days on marketListed Sep 11, 2026MLS #TB8546281

About this property

The property at a glance

Corner commercial site located at the intersection of CR470 / CR463B. With over half an acre of land and ample parking space, this property is zoned for office use. The building, spanning 2114 square feet, includes a waiting room, a spacious office, five additional offices, a kitchen, and two bathrooms. Formerly a medical office and most recently an antique store . While some renovations are required, the property offers significant potential.

2,596

Building sq ft

$173

Price / sq ft

0.5

Lot acres

1988

Year built

1

Building

7053C COM

Zoning

Office

Property type

Building size2,596 sq ft
Lot size0.5 acres
Year built1988
Buildings1
Zoning7053C COM
ConstructionStucco
CoolingCentral Air
HeatingCentral
UtilitiesElectricity Available
Annual taxes$3,421

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $112,500
Interest rate6.00%
Loan term

Estimated payment

$2,469/mo

Principal & interest$2,023
Property taxes (actual bill)$285
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. 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.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Iain to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

8,700vehicles / day · 20250.214 S Of Br 184054 to Us 301 · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Sumter County Fire - Rescue Station Number 21fire station0.4 mi
Panasoffkee Community Library, Inc.library0.4 mi
Montgomerys Flying M Ranch AirportAirport0.5 mi
Lake PanasoffkeeTown0.5 mi
Lake Panasoffkee Post Officepost office0.5 mi
Big Cypress Lakefront PizzeriaRestaurant0.6 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

5,748

Population

$48,951

Median income

47.6

Median age

2.13

Avg household

$157,200

Median home value

$1,005/mo

Median rent

692

Households w/ kids

Recent sales

What actually sold near 1283 CR 463B

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

985 CR 477

$250,000

985 CR 477

768 sqft · $326/sqft · Sold Feb 14, 2025

Your team

The pros in your corner

Iain Robinson

Your agent

Iain Robinson

Broker Associate · CENTURY 21 Edge

Tours, offers, and every question about 1283 CR 463B — start here.

CallText
iain.robinson@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1283 CR 463B.

Get in touchCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Iain's calendar — pick a time and it's booked.

Keep looking

Similar properties nearby

1481 CR 437

$450,000

1481 CR 437, LAKE PANASOFFKEE

Mixed Use

Listing courtesy of JLS INVESTMENT REALTY · Sandra Stepanek. MLS #TB8546281.

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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