Withlacoochee Lakeside Community

Apartments 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.

Don - Seawinds
Don - Seawinds Seawinds Realty, Inc.

Get more information about Lake Panasoffkee

Listings 70
Population 4,072
County Sumter County

MARKET SNAPSHOT

The Market at a Glance

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

home_work New This Week 2
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $173,250 -22.1%
square_foot Price per Sq Ft $124
schedule Avg Days on Market 100
sell Homes Sold 12
percent Sale-to-List Ratio 89.0%
inventory_2 Months of Inventory 7.6

Price & Sales History

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

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