3317 Oleander DriveHernando Beach, FL 34607

Description

Short Sale. SHORT SALE.! Discover an exceptional waterfront opportunity in Hernando Beach with this elevated 2-story home featuring inground pool, oversized double lot, direct canal access to the Gulf of Mexico, and tremendous upside potential. This property is priced at $355,000, subject to short-sale lender approval, with a repaired value estimated to exceed $480,000. Main Upper-Level Living – Move-In Ready The elevated main residence offers a comfortable and functional 2-bedroom, 1.5-bath layout with spacious living areas and charming architectural details: Formal living room with wood-burning fireplace Formal dining room Open kitchen with granite counters, breakfast bar, abundant cabinetry, all appliances, and gas range Enclosed balcony/porch finished as a family room Interior laundry room Laminate flooring in main living areas Some cosmetic updates needed, allowing buyers to personalize to taste Ground-Level Living – Rebuilt & Ready for Finishing The ground level was previously enclosed and finished as an additional living area, in-law suite, or rental unit. This level sustained hurricane-related flooding and was professionally gutted and rebuilt with: All new wall studs New drywall Fully laid-out floorplan ready to finish: 2 bedrooms, 1 full bath, laundry room, full kitchen, dining room, formal living room, and screened rear patio This space is currently unfinished, providing a rare opportunity to complete it exactly as desired. Outdoor Features & Waterfront Lifestyle Enjoy Florida coastal living with outstanding outdoor amenities: Inground concrete pool with open patio Separate storage/workshop building Waterfront on a saltwater/brackish canal leading directly to the Gulf of Mexico Seawall in place Boat dock installed (needs some repair) Oversized double lot with room to add a private boat ramp Peaceful waterfront setting close to restaurants, shopping, parks, and all Hernando Beach attractions Short Sale Opportunity This is a short sale with tremendous upside for investors, renovators, or buyers seeking a waterfront home with built-in equity. Final sale price is subject to lender approval. A rare chance to own a waterfront pool home with Gulf access at an exceptional value. Let's Make A Deal Today !

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Elevated / Florida / Key West / Mediterranean / Traditional

Year built

1981

Stories

2

Living area

1,344 Sq Ft

Lot size

0.34 acres

Ownership

Fee Simple

Zoning

RES

Days on market

2

MLS^® Listing#

TB8551568

Property Features

Interior

Built-in Features · Eat-in Kitchen · High Ceilings

Exterior

Balcony · Dog Run · Fire Pit · Private Yard · Storage · Dock

Appliances

Dishwasher · Disposal · Dryer · Electric Water Heater · Range · Refrigerator · Washer

Cooling

Central Air

Heating

Central · Electric · Heat Pump

Flooring

Laminate · Wood

Fireplace

Living Room · Wood Burning

Pool

Gunite · In Ground · Private

Parking

Driveway · Off Street · Open · Parking Pad

Laundry

Inside · Laundry Room · Washer Hookup

Patio

Deck · Front Porch · Patio · Porch · Rear Porch · Screened

Fencing

Chain Link

Lot features

Cleared · Waterfront

Construction

Frame · Wood Siding

Foundation

Concrete Perimeter · Pillar/Post/Pier

Roof

Shingle

Other structures

Workshop

Community

None

Utilities

Cable Available · Electricity Connected · Natural Gas Available · Phone Available · Sewer Connected · Underground Utilities · Water Connected

Sewer

Public Sewer

Water source

Public

Rooms

Financial Details

HOA

None

Annual taxes

$4,826Tax year 2025

Parcel number

R13-223-16-2350-1070-0260

Directions

WEST ON SPRING HILL DR, CONTINUE ON OSOWAW BLVD, TO MORTH ON SHOAL LINE BLVD, TO WEST ON HERMOSA BLVD, TO RIGHT ON OLEANDER DR TO FIRST HOUSE ON LEFT SIDE.