| Assessor Parcel ID (APN) | B32-003 |
|---|---|
| Situs Property Address | 7992 CR 247, LAKE PANASOFFKEE, FL 33538 |
| Recorded Legal Deed Holder | PIKE RUSSELL C |
| Owner Recorded Mailing | 7990 CR 247, LAKE PANASOFFKEE FL 33538 |
| DOR Land Classification | 050 |
| Improvement Allocation | 97% Structure ($580,930) • 3% Land ($20,860) |
| Recorded Legal Description | W1/2 OF SE1/4 OF SEC 32 TWP 18 |
| Recorded Legal Owner | PIKE RUSSELL C |
|---|---|
| Mailing Address | 7990 CR 247, LAKE PANASOFFKEE FL |
| Land Classification | 050 |
| Improvement Share | 97% Structure • 3% Land |
| Legal Description | W1/2 OF SE1/4 OF SEC 32 TWP 18 |
7992 CR 247 is cataloged under the Sumter County, FL property tax appraisal roll with a certified market valuation of $601,790. Structural improvements constitute 97% ($580,930) of total parcel value, with allocated land value accounting for 3% ($20,860). The parcel currently benefits from a statutory tax assessment differential of $442,990 (73.6% below market), which is subject to standard ad valorem adjustments upon ownership conveyance. Based on the prevailing FL benchmark tax rate of 0.83%, estimated annual ad valorem taxes are approximately $4,995/year.
| Adjacent Property & Address | City | Just Valuation |
|---|---|---|
| 8814 CR 247, LAKE PANASOFFKEE, FL | LAKE PANASOFFKEE | $372,040 |
| ALL, LAKE PANASOFFKEE, FL | LAKE PANASOFFKEE | $2,508,010 |
| ALL LESS NE1/4 OF SW1/4, LAKE PANASOFFKEE, FL | LAKE PANASOFFKEE | $2,535,010 |
| NE1/4 OF SW1/4, LAKE PANASOFFKEE, FL | LAKE PANASOFFKEE | $140,000 |
| 8374 NW 38TH ST, LAKE PANASOFFKEE, FL | LAKE PANASOFFKEE | $1,185,210 |
| ALL LESS SUB SURFACE3 RIGHTS I, LAKE PANASOFFKEE, FL | LAKE PANASOFFKEE | $2,030,900 |