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$1,999,999

Beds
4
Baths
5.0
sq ft
6,040

4001 Shoal Line Blvd, Hernando Beach, FL 34607

4001 Shoal Line Blvd

HERNANDO BEACH, FL 34607

  • 107 days on market
Discover endless possibilities with this prime waterfront commercial property, strategically zoned C1/C2! Located on the saltwater canals of Hernando Beach, this 2-story building encompasses 5 lots totaling almost 2 acres and it has its own boat ramp! The main floor boasts two versatile commercial units with brand-new vinyl flooring, ideal for office or retail use. Unit 1 features a countertop bar, a bathroom with a commode and sink, and a well-equipped commercial kitchen with a meal prep station, vent hood, gas and electric ovens, a 3-bin wash sink, tiled flooring, ample lighting, and space for refrigerators. The second commercial unit on the main floor offers expansive office space with two additional bathrooms. Access the second floor through its own entrance at the far right front of the building. This level has been converted into a spacious 4-bedroom living area, which could easily be reconfigured into separate offices or kept as comfortable living space for an on-site manager. The second floor also includes a full bathroom with a tub/shower combo, a single sink vanity, a commode, and a utility room housing the A/C systems and an electric range. An additional door provides access to the first floor, which can be locked to separate the units. The lower level features a dry storage area adjacent to the kitchen and a large garage/warehouse with two bays, each with roll-up doors suitable for nearly any truck. One garage includes a storage room for equipment, a bedroom with through-wall A/C, and an additional half bathroom. The property has a total of 5 bathrooms with newer fixtures and plumbing for a potential 6th bath. Additional amenities include a 220-gallon propane tank and two A/C units (replaced in 2013 and 2014). The property offers ample expansion opportunities, whether by building upward, removing interior walls for more warehouse space, or adding extensions to the building. Currently, the vacant lots serve as RV and boat storage, providing a steady monthly income. Enjoy a 300 ft seawall and boat dock at the rear of the property, with a boat lift that will drop your boat into the direct access deep water canals that lead to the Gulf of Mexico. Conveniently located near the local marina, Hernando Beach Yacht Club, and just a mile from the Hernando Beach Public Boat Ramp, this property is in a prime location with excellent traffic and growth potential. With upcoming county developments nearby, this property promises significant earning potential and value.

Details

Property type

Single Family Residence

Lot size

1.85 acres

Price per sq ft

$332

Year built

1986

Annual property taxes

$7,356

Price History

08/08/2024
StellarMLS

StellarMLS #T3546792

Listed
$1,999,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

The Hernando County Bank

Loan start date

August 2005

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

5.12%

Loan type

Commercial, 15 year

Seller

Charles Worth and Peggy J Worth

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: 11/22/2024 at 11:30 PM

Listing updated: 09/03/2024 at 7:54 PM

Listed by: Thomas "TJ" Homan, Jr, HOMAN REALTY GROUP INC Phone #: (352) 600-6150

MLS: StellarMLS #T3546792

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