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Investor Special - Direct Gulf Access Home!
This 2-bedroom, 1. 5-bathroom home presents an exceptional investment opportunity along Florida’s coveted Gulf Coast. Damaged during Hurricane Helene flooding, this property is a blank canvas waiting for your vision. Whether you choose to renovate, elevate, or start fresh with new construction, the possibilities are endless!
Situated on 60 feet of saltwater canal frontage with no fixed bridges, this property offers effortless access to the Gulf of Mexico. A fixed and floating dock are already in place, including an oversized floating dock designed to accommodate a sailboat. Enjoy daily encounters with dolphins and manatees, or fish from your backyard for redfish, snook, and snapper.
Offered As-Is, Where-Is, and How-Is. The seller retains rights to any insurance or other payments related to prior damage. Note: The county has classified this home as having significant damage under the 50/50 rule. Buyers are responsible for verifying all details and completing necessary due diligence and inspections.
Hernando Beach - Direct Access: Boater’s Paradise with No HOA
This highly sought-after section of Hernando Beach provides direct access to the Gulf of Mexico without any fixed bridges to obstruct your journey. The tidal saltwater canals rise and fall with each cycle, enhancing your boating experience.
With no HOA, you have the freedom to park boats, trailers, and commercial vehicles on your property. Build an 8-foot privacy fence or capitalize on the area’s popularity for short-term rental income. This section of Hernando Beach is a boater’s dream and a top choice for those seeking lucrative rental opportunities.
Welcome to Hernando Beach – A Gulf Coast Hidden Gem
Nestled along the Gulf of Mexico, Hernando Beach offers a unique blend of serenity and coastal living. Accessible via a coastal two-lane highway from the North and South, this quiet community is cherished for its recreational fishing and boating lifestyle. While there’s no traditional sandy beach, the area more than compensates with its cool coastal vibe, complete with waterfront tiki bars, marinas, fine dining, seafood markets, and charming shops.
Hernando Beach boasts a vibrant commercial seafood industry centered on shrimping and stone crabbing. Anglers can enjoy world-class fishing amid unspoiled marsh and mangrove coastlines, with opportunities to catch redfish, tarpon, snook, grouper, sea trout, kingfish, and more. Offshore trips to the “middle grounds” provide even more excitement with red snapper and grouper fishing.
Just 5 minutes away, the crystal-clear Weeki Wachee spring and river offer a refreshing retreat with 74-degree fresh spring water, perfect for swimming, paddleboarding, and kayaking.
Despite its tranquil setting, Hernando Beach is conveniently located less than 10 minutes from US 19, providing easy access to shopping, dining, hospitals, and other essential services. Plus, you’re just an hour away from Tampa International Airport and only 90 minutes from the magic of Disney.
Embrace the unparalleled Gulf Coast Fishing Homes Lifestyle in Hernando Beach, where the beauty of coastal living and the convenience of urban amenities exist in perfect harmony. Don’t miss this chance to create something extraordinary in a place where isolation feels like luxury and every sunset paints a masterpiece.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $327 | $327 | $327 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,264 | $1,313 | $1,674 |
Total Monthly Payment | $1,665 | $1,714 | $2,075 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.