Property Description

Under contract-accepting backup offers. 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 ReadyThe 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 fireplaceFormal dining roomOpen kitchen with granite counters, breakfast bar, abundant cabinetry, all appliances, and gas rangeEnclosed balcony/porch finished as a family roomInterior laundry roomLaminate flooring in main living areasSome cosmetic updates needed, allowing buyers to personalize to tasteGround-Level Living - Rebuilt & Ready for FinishingThe 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 studsNew drywallFully laid-out floorplan ready to finish: 2 bedrooms, 1 full bath, laundry room, full kitchen, dining room, formal living room, and screened rear patioThis space is currently unfinished, providing a rare opportunity to complete it exactly as desired.Outdoor Features & Waterfront LifestyleEnjoy Florida coastal living with outstanding outdoor amenities:Inground concrete pool with open patioSeparate storage/workshop buildingWaterfront on a saltwater/brackish canal leading directly to the Gulf of MexicoSeawall in placeBoat dock installed (needs some repair)Oversized double lot with room to add a private boat rampPeaceful waterfront setting close to restaurants, shopping, parks, and all Hernando Beach attractionsShort Sale OpportunityThis 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 !