Today Lake Panasoffkee, still remains an unincorporated area with a population of approximately 3500, what once used to be only a recreational area or a week-end retreat for many has today become their permanent home as they retire and settle in to the area they have always enjoyed.

Panasoffkee is still home to so much wild life, you never know what you might see in your yard each morning from squirrel, raccoon, possum armadillo, deer, turkey, turtle, otters, alligator only to mention a few along with so many beautiful birds.

Panasoffkee is a true spring-fed lake flowing at the rate of two million gallons per hour and is today one of florida's best hot spot's for Largemouth bass, bluegill, sunfish, warmouth, and catfish. There are several fish camps along the shores of the lake along with rv camp grounds, the lake covers an area of 4,460 acres, and connects to the Withlacoochee River which is well over 157 miles long flowing out to the Gulf of Mexico. Several fish camps have boat ramps to provide access, a public ramps is available on the Outlet River west of the lake on CR470 and another is located at Coleman Landing.

Panasoffkee doesn't have any large shopping malls nor large convenient stores, but all that is very near-by, if you love living in the country then you would love to live in Panasoffkee, as there is so much peacefulness and tranquillity to be offered. now i don't want you to think that we lack convenient's as we do have a large grocery store, one major bank (branch), hardware store, several smaller convenient stores, several resturants, number of churchs, couple of major gas stations and lets not forget the rv camp grounds and fishcamps, we also have our own firestation, community library, and community recreational area.

Panasoffkee is very easy to find as it's boarder by InterState-75 on it's eastern edge of town and State Road 470 on the southern edge, the city of Ocala, is located to the north 25 miles, the city of Inverness, is 15 miles to the west, the city of Leesburg is 30 miles to the east and the city of Bushnell which is our county seat is only 6 miles to the south, the Florida State Turnpike is within a 10 minutes drive to access such cities as Orlando, Miami or to visit one of the many amusement parks within a one hour drive such as Sea World, Disney, and Univerity Studio.