tomo logo

$299,750

Beds
2
Baths
2.0
sq ft
1,418

3402 Crape Myrtle Dr, Hernando Beach, FL 34607

3402 Crape Myrtle Dr

HERNANDO BEACH, FL 34607

  • 16 days on market
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!

Details

Property type

Single Family Residence

Est. home value

$430,190

Lot size

7,100 sq ft

Price per sq ft

$212

Year built

1984

Annual property taxes

$1,341

HOA

No

Price History

12/06/2024
StellarMLS

StellarMLS #W7870559

Listed
$299,750
-33.39%
09/20/2023
StellarMLS

StellarMLS #W7853616

Sold
$450,000
+105.48%
08/21/2019
StellarMLS

StellarMLS #U8048010

Sold
$219,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$146,148
Asking price
$299,750
Closing costs (~8% of asking)
-$23,980
Est. remaining loan balance
-$421,918
Cash to seller
-$146,148

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

September 2023

Original loan amount

$427,500

Est. remaining balance

$421,918

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Ronald G Wolk Jr and Lisa A Barner Wolk

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 11:50 AM

Listing updated: 12/07/2024 at 6:55 AM

Listed by: GREG Klesius, GULF COAST FISHING HOMES RLTY Phone #: (813) 394-4356

MLS: StellarMLS #W7870559

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Recently listed in HERNANDO BEACH