Steeve Cadeau
$192,000$205,000$1,376 /mo all-in ↓

CR 48, BUSHNELL, FL, 33513

Active510 days on marketListed Feb 24, 2025MLS #O6283847

Priced 49% below the BUSHNELL 33513 medianReduced $13KWaterfront

About this home

CR 48

Everyone knows the real estate mantra: location, location, location. This property stands out precisely because of its location, surrounded by rural residential land where mobile homes are restricted, but traditional homes and barndominiums are welcomed. What makes this property truly intriguing is its long-term potential. While it currently supports residential uses, long-term, the highest and best use is likely commercial, which typically carries a higher land value and investment upside. This property presents a unique opportunity for the self-employed professional who wants to operate a business from home. Whether you have equipment, vehicles, or require a workshop, this land offers the flexibility needed to accommodate those needs. Additionally, if you embrace the barndominium lifestyle—enjoying chickens, horses, and gardening—you could find this property to be a perfect fit. The barndominium structure can also be converted to a commercial building in the future, enhancing its versatility. The property must be annexed into the City of Bushnell to obtain building permits. Prospective buyers should carefully review the Land Development Regulations to understand commercial use requirements. The seller is acceptable to a 120-day due diligence period, allowing buyers to thoroughly explore their options and investment potential. This property is a strategic investment with possibility of future commercial value. Whether you seek a unique home-business blend or a forward-looking commercial investment, this opportunity could be your golden egg waiting to hatch.

Facts & features

The home at a glance

5 ac

Lot size

WaterfrontPets allowed

Inside

Outside & construction

FacesSouth

Community & fees

Taxes (2024)$7/yr
PetsYes

Utilities & systems

UtilitiesElectrical Nearby · Electricity Available · Utility Pole
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,376 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,130
FHA mortgage insurance (est.)$85
Property tax — 2024 actual bill$1
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,720Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,720
Interest rate6.00%
Loan term

Estimated payment

$1,376/mo

Principal & interest$1,130
FHA mortgage insurance (est.)$85
Property taxes (actual bill)$1
Est. insurance$160

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.

Where it sits

Inside Bushnell

Map of CR 48

Drive times from this address

Downtown Orlando60 min
Universal Orlando61 min
Downtown Tampa62 min
Orlando Int’l Airport (MCO)69 min

Get to know Bushnell. See the full Bushnell guide →

BUSHNELL 33513 — neighborhood snapshot

Population

13,647

Median age

44.1

Median income

$59,497

Median home value

$213,900

Avg household

2.57

Households w/ children

1,182

For the school run

Sumter County School District

ElementaryBushnell Elementary School★★★★★
MiddleSouth Sumter Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Bushnell market

Seller’s marketLeans buyer7.2 months of inventoryBuyer’s market

$325K$330K

Bushnell median sold, yr/yr

96.0%

Sale-to-list ratio (12 mo)

Median sold price, Bushnell, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 49% below the BUSHNELL 33513 median. See the full Bushnell market guide →

Paper trail

This home's history

CurrentPrice reduced to $192,000 $13K
Feb 24, 2025Listed at $205,000 · 510 days on market since

Reality check

What actually sold near CR 48

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8230 SE 23RD DRIVESold · Aug ’25

$530,000

8230 SE 23RD DRIVE

3 bd · 2 ba · 1,040 sqft · $510/sqft · 104 DOM

514 BOITNOTT LANESold · Feb ’26

$285,000

514 BOITNOTT LANE

3 bd · 2 ba · 1,155 sqft · $247/sqft · 25 DOM

2199 E C 48Sold · Oct ’25

$240,000

2199 E C 48

3 bd · 2 ba · 1,248 sqft · $192/sqft · 48 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.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about CR 48 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for CR 48 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

CR 48 FAQs

What would the monthly payment be for CR 48?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,376/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 CR 48?+

The most recent tax bill on record (2024) was $7. 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 CR 48?+

The listing reports pets: Yes. 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 Bushnell?+

At $192,000, this home is listed about 52% below the Bushnell median of $399,900. The market section on this page shows how the area is trending.

Which schools are assigned to CR 48?+

Bushnell Elementary School (elementary), South Sumter Middle School (middle) — Sumter County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the BUSHNELL 33513 market on paper

$192,000 is 49% below the BUSHNELL 33513 median of $380,000.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

510 days on market against a Bushnell median of 49 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Bushnell Elementary School, South Sumter Middle School — South Sumter Middle School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $205,000, now $192,000 — a $13K cut. The full history is in the market section below.

Listing courtesy of XCELLENCE · Levi Salmans. MLS #O6283847.

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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