Price reduced due to Hurricane Helene storm damage…. Home is being dried out and prepared for rehab. Are you ready to put your own vision to this home?
Discover the ultimate boating paradise at The Compound in Hernando Beach, where every detail is designed for the avid boater's dream lifestyle. Nestled on a spacious 23 acre parcel at the end of a tranquil cul-de-sac, this property boasts 223 feet of prime saltwater canal frontage, providing direct access to the Gulf of Mexico without encountering any fixed bridges.
The main residence features 2 bedrooms and 2 bathrooms with an inviting open concept design, highlighted by a cozy wood-burning fireplace, ceramic tile flooring in main areas, and plush carpeting in the bedrooms. Stainless steel appliances adorn the kitchen, complementing the option to acquire furnishings that perfectly complement the home's laid-back coastal charm. Step onto the screened porch to enjoy serene views of the canal, pool area, and the convenience of a 20, 000-pound covered boat lift.
Adding to its allure, The Compound includes a spacious pool, a boathouse complete with a half bath, bar seating, and a kitchen/grilling setup ideal for entertaining waterside. An indoor boat stall directly over the water ensures easy access to your vessel. Additional amenities include a garage/carport building for ample covered parking and storage for all your boating and fishing gear, alongside fixed and floating docks and a fully fenced yard.
Situated in Hernando Beach's Direct Access section, this property offers unrestricted boating freedom with saltwater canals that ebb and flow daily with the tides. Unlike many coastal communities, there are no HOA restrictions here, allowing you the freedom to store boats, trailers, and more on your property. Privacy is ensured with 8-foot-high fences, and the opportunity for short-term rentals adds flexibility to your ownership experience.
Embrace the essence of Hernando Beach—a hidden gem along the Gulf of Mexico, where a vibrant boating and fishing culture thrives amidst a backdrop of coastal tranquility. Accessible yet secluded, this community offers a unique blend of serenity and convenience, with nearby access to major highways and urban amenities like shopping centers and hospitals just minutes away. Whether you're seeking solace on the water or the excitement of nearby attractions, Hernando Beach promises an unmatched coastal lifestyle where every day feels like a vacation.
Welcome home to The Compound at Hernando Beach, where the allure of Gulf Coast living awaits, inviting you to savor every sunset and set sail on endless adventures right from your doorstep.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $646 | $646 | $646 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,354 | $4,354 | $5,970 |
Total Monthly Payment | $5,092 | $5,092 | $6,708 |
* 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.