4055 Shoal Line BOULEVARD, Hernando Beach, FL, 34607 | $1,200,000

SELLER IS OFFERING OWNER FINANCING with 20% Down!! LOCATION, LOCATION! COMMERCIAL LAND IN HERNANDO BEACH (Hernando County, FL) that offers a unique opportunity for businesses looking for a prime waterfront location! DIRECT GULF ACCESS! The property is located on a saltwater canal and has unobstructed eastern and westerly views. With a total of 1. 7 acres, this property consists of 5 parcels, providing ample space for development. The highlight of this property is its 525 FEET OF CONCRETE SEAWALL, offering stunning views and potential for water-based activities. Zoned C1 commercial, this land is suitable for a variety of businesses, including restaurants, retail stores, or a boutique Hotel. Its strategic location is further enhanced by its 323 feet of frontage on Shoal line Blvd, a major thoroughfare in the area, ensuring high visibility and easy access for customers. Shoal Line Blvd has a variety of restaurants within walking distance including an upscale restaurant, Brian's Place. Gift Shops and Retail stores are also within walking distance. Additionally, the property boasts 255 feet of frontage on Companero Entra, providing an additional access point. The conservation views from both the front and back of the property create a serene and picturesque setting, making it an attractive location for businesses seeking a tranquil environment. One of the standout features of this land is the absence of front or rear neighbors, offering privacy and a sense of exclusivity. Utilities are located along Shoal Line Blvd and include County Water and Sewer, High Speed internet and Electric. Hernando Beach is located close to the Weeki Wachee River which is world famously known as the "home of the mermaids" and has lots of activities including kayaking. This property is adjacent to the new entrance to the Weeki Wachee Preserve. The preserve is an old mining area with large lakes that was bought by the Southwest Florida Water Management District. The park is 11206 Acres and has 5. 5 miles of bicycling on paved and unpaved roads. Surrounding properties include: The property to the south is a Dollar General. The property to the north is a marina. The property to the east was recently purchased by Hernando County. The property to the west is all wetlands. Overall, this commercial land in Hernando Beach presents an exceptional opportunity for businesses looking to establish themselves in a waterfront location with high visibility, easy access, and stunning conservation views. (Please note that lot lines shown on aerials are approximate. )

Features

  • Lot Size: 255 x 323 x 525 x 255
  • Lot Desc: Cleared, Corner Lot, Level, Near Marina, Oversized Lot, Sidewalk
  • View: Park/Greenbelt, Trees/Woods, Water
  • Pet Policy: Yes
  • MLS#: T3486489
  • Days on Market: 356 days
  • Website: https://www.raveis.com
    /prop/T3486489/4055shoallineboulevard_hernandobeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 12/25/2024 1:47:07 PM)
Listing courtesy of JT REALTY & ASSOCIATES   Phone: 352-279-2640

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4055 Shoal Line BOULEVARD, Hernando Beach, FL, 34607

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,227 $6,147 $8,495
Total Monthly Payment $6,352 $6,272 $8,620

* 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.