tomo logo

$500,000

Beds
2
Baths
2.0
sq ft
2,100

4964 Cedarbrook Ln, Hernando Beach, FL 34607

4964 Cedarbrook Ln

HERNANDO BEACH, FL 34607

  • Pending
    • Price drop $50,000↓
Under contract-accepting backup offers. Experience the quintessential Gulf Coast boating lifestyle with this meticulously updated home in Hernando Beach. Nestled on a spacious lot and a half with 90 feet of saltwater canal frontage, this property is a paradise for water enthusiasts seeking direct access to the Gulf of Mexico. Step inside this move-in-ready retreat boasting 2 bedrooms and 2 bathrooms, where recent upgrades include a new roof and air conditioner in 2024, along with stainless-steel appliances and granite countertops installed just last year. The home features tile floors throughout and a convenient rolling kitchen island, perfect for entertaining friends and family. Outside, a screened patio overlooks the tranquil canal, offering a peaceful spot to unwind and soak in the waterfront views. Imagine docking your boat on the expansive floating dock equipped with two drive-on jet ski docks, providing ample space for multiple watercrafts. With no HOA restrictions and short-term rentals permitted, this property offers both a serene retreat and a lucrative investment opportunity. Hernando Beach itself is a hidden gem along the Gulf Coast, renowned for its vibrant boating community and recreational fishing. Discover waterfront tiki bars, marinas, and charming shops, all within reach of your new home. The area’s active commercial seafood industry ensures fresh catches are always at hand, while nearby Weeki Wachee spring offers a refreshing escape for swimming, paddleboarding, and kayaking in crystal-clear waters. Despite its secluded feel, Hernando Beach is just minutes from major amenities including shopping centers, restaurants, and top-rated hospitals. Tampa International Airport is a convenient hour’s drive away, and the allure of Disney World is within a 90-minute reach. Embrace the Gulf Coast Fishing Homes Lifestyle at its finest, where every sunset and tide reveals the beauty of coastal living. Welcome home to Hernando Beach—a community where luxury meets tranquility, and every day feels like a vacation on the water.

Details

Property type

Single Family Residence

Est. home value

$593,495

Lot size

9,000 sq ft

Price per sq ft

$239

Year built

1961

Annual property taxes

$6,063

Price History

09/07/2024
StellarMLS

StellarMLS #W7862222

Pending
$500,000
06/26/2024
StellarMLS

StellarMLS #W7862222

Price change
$500,000
-9.09%
02/21/2024
StellarMLS

StellarMLS #W7862222

Listed
$550,000
+74.6%

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

$237,380
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$222,620
Cash to seller
$237,380

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2018

Original loan amount

$252,000

Est. remaining balance

$222,620

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

Gerald R Davis and Katarina M Davis

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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3240 Gulf Coast Dr, Hernando Beach, FL 34607

Status: Pending/Under Contract

Tomo last checked: 09/16/2024 at 4:45 PM

Listing updated: 09/07/2024 at 9:08 AM

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

MLS: StellarMLS #W7862222

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Recently listed in HERNANDO BEACH