Indirect Gulf Access – Investor Special!
This charming 2-bedroom, 2-bathroom Gulf Coast fishing retreat with a 2-car garage boasts 71 feet of frontage on a freshwater canal. The property has an uncompromised sea wall with two docks, 1 floating & 1 fixed, remediated storage shed, front & side yard sprinkler system and front yard professional lighting highlighting some of the mature beautiful landscaping this property has to offer. The property has been completely professionally remediated and had its electrical outlets replaced after Hurricane Helene flooding, leaving it as a blank canvas ready for your vision.
Key Features:
* Freshwater Canal Frontage: 71 feet of waterfront offering a serene backdrop and access to the Gulf via boat lift and fixed bridge.
* Investor Opportunity: Sold As-Is, Where-Is, How-Is—perfect for those looking to renovate or rebuild.
* No Deed Restrictions: Located in a non-HOA community, allowing flexibility for boat storage, trailers, commercial vehicles, privacy fences, or even short-term rentals.
* Coastal Lifestyle: Located in Hernando Beach, a hidden gem where waterfront living, fishing, and boating take center stage.
Important Notes:
* Buyers must verify all property details and conduct their own inspections.
* No sight-unseen offers or contract assignability allowed.
* Seller retains rights to any prior insurance claims or payments.
This property is situated in the freshwater section of Hernando Beach, where canals remain steady through rainy or dry seasons. Enjoy the laid-back charm of a coastal community with marinas, seafood markets, and waterfront restaurants just minutes away. Plus, it’s only a short drive to the Weeki Wachee River, US 19, and even Tampa International Airport!
Don’t miss this rare chance to own a piece of Hernando Beach and transform it into your dream retreat. Whether you’re looking to invest, renovate, or create a personal coastal escape, this property has endless potential!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,750
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 | $239,800 | $239,800 | $239,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $112 | $112 | $112 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,555 | $1,535 | $1,991 |
Total Monthly Payment | $1,742 | $1,722 | $2,178 |
* 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.