3345 Shoal Line BOULEVARD, Hernando Beach, FL, 34607 | $250,000

Pre-Construction. To be built. WORK & PLAY in beautiful Hernando Beach, FL. This double lot (. 42 acres) is zoned C2 offering countless possibilities! List price is for the vacant land ONLY but Owners are open to getting creative and would consider building for you. Very few lots in Hernando Beach have this flexible zoning designation! Boat repair, welding shop, marine supply store, bait shop, retail, Bed & Breakfast, triplex, you name it! The wide and deep canal offers indirect Gulf access. This unique property has been priced to SELL. The Owner was planning to build a Live/Work unit consisting of a 3, 000 sf warehouse with a 900 sf residential unit on the 2nd floor for one bedroom, bath/laundry room, galley kitchen and great room. Site specific plans are IN HAND and may be negotiated with the property if you're interested. When building on the canal you are required to meet Southwest Florida Water Management (SWFWMD) requirements and FEMA regulations. Completed plans were prepared by a local Civil Engineer and meet all requirements of both SWFWMD and FEMA including water run-off, pavement to green space ratio, parking requirements, etc. By building as an owner occupied Live/Work unit (per Hernando Building Code) some flexibilities are a major advantage, for example - as a residential property, you can be your own contractor, homestead the property for lower property taxes, avoid handicap requirements and fire sprinklers normally required for commercial builds. The property already has an address of 3341 and 3345 Shoal Line - One address for Business and one for Residential. You are not assigned an address for a vacant lot until you have completed building plans and submit them along with your request for an address. The complete building package is ready to go to permitting for review by Hernando County for approval if these site specific plans are of interest to you.

Features

  • Property Type: Mixed Use
  • Construction: Metal Siding
  • Utilities: Electricity Available
  • Cooling: Mini-Split Unit(s)
  • Lot Size: 150 x 120
  • Year Built: 2025
  • Acreage: 0.42
  • Est. Taxes: $2,076
  • MLS#: W7869963
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /prop/W7869963/3345shoallineboulevard_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 12/22/2024 11:57:12 PM)
Listing courtesy of DALTON WADE INC   Phone: 888-668-8283

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NMLS Mortgage Loan Originator ID 16953

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3345 Shoal Line BOULEVARD, Hernando Beach, FL, 34607

$250,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $173 $173 $173
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,347 $1,329 $1,687
Total Monthly Payment $1,595 $1,577 $1,935

* 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.