New Community and Condos Construction in Lake Panasoffkee, Florida

Project 1: Hammock Oaks Golf and RV Resort

• Developer: KIVA Development LLC
• Location: Approximately 157.6 acres west of N CR 470 and north of CR 479, Lake Panasoffkee area, Sumter County, FL
• Type: Recreational Vehicle Resort (Mixed-use recreational/residential with amenities)
• Units/Size: Up to 589 RV pads/units (may include optional accessory casitas/small houses); additional amenities include 9-hole golf course, pools, clubhouse, pickleball/tennis courts, and related facilities
• Status: Approved (rezoning from RVPUD to PUD in 2025; major modification of prior approval)
• Expected Completion: Not publicly specified; site development permit and construction timelines subject to conditions (e.g., within set periods after approvals, with potential extensions)
• Description: Luxury-oriented RV resort development allowing RV pads with optional casitas as accessory uses. Includes centralized on-site wastewater treatment, public water service, buffers, and traffic considerations. Open to public for some amenities like the golf course. Previously approved RV park plans were amended to include casitas.[2]

Additional Notes on Smaller-Scale Activity

• Indian Estates (scattered lots along CR 423 and nearby): Multiple individual new-construction single-family homes (typically 3 bed/2 bath, ~1,000–1,300 sq ft) listed as under construction or recently built on lots in this neighborhood. Examples include addresses like 2381 CR 423 Lot 41, 2399 CR 423 Lot 43, 2370 CR 423 Lot 16, and others. Priced in the $210k–$265k range. Builder/developer details are limited in public listings (brokered by firms like Flamingo Real Estate & Mngmt; one mention of Harris County Investments). These appear to be small-scale, lot-by-lot builds rather than a single large subdivision project. Some noted as 2025 builds or with projected completion into 2026.[1]
• Infrastructure Supporting Growth: Sumter County/FGUA septic-to-sewer conversion project (planning/design ~2024–2025, construction phases starting ~2026, targeted completion ~2028) to serve hundreds of parcels and enable future development. A new roundabout at E CR 470 and CR 527 S began construction in 2026 with completion targeted for early 2027. These are not residential/commercial building projects but support area growth.[3]

Limited public information is available on additional named residential subdivisions, condos, townhomes, or commercial projects specifically within Lake Panasoffkee proper. The area remains largely rural with modest new home activity. For the most current details, check Sumter County planning records or local real estate listings.