Short Sale - Waterfront - Fixer Upper
Address
3317 Oleander Drive, HERNANDO BEACH, FL
Price
$ 355,000
Property Attributes
- MLS#TB8551568
- TypeSingle Family
- Listing Status Active
- CountyHernando
- CityHERNANDO BEACH
- AreaSpring Hl/Brksville/WeekiWachee/Hernando Bch
- NeighborhoodHERNANDO BEACH
- Zip34607
- StyleElevated Florida Key West Mediterranean Traditional
- Year Built1981
- Taxes$ 4826
- Price$ 355,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1344
- Lot Size0.34 Acres
Data Source:
Stellar MLS
Property 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 !
| Price History | |
|---|---|
| 9/23/2026 | Listed $355,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric,Heat Pump |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Available,Electricity Connected,Fire Hydrant,Natural Gas Available,Phone Available,Public,Sewer Connected,Underground Utilities,Water Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Disposal,Dryer,Electric Water Heater,Range,Refrigerator,Washer |
| Zoning | RES |
| Association Fee Includes | None |
| Patio/Porch Features | Deck,Front Porch,Patio,Porch,Rear Porch,Screened |
| Architectural Style | Elevated,Florida,Key West,Mediterranean,Traditional |
| Pool Features | Gunite,In Ground,Outside Bath Access |
| Construction Materials | Wood Frame,Wood Siding |
| Year Built | 1981 |
| View | Water |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Canal Front,Waterfront,Canal - Brackish,Canal - Saltwater |
| Community Features | Boat Slip,Canal Front,Fishing,Water Access,Waterfront,None |
| County | Hernando |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | HERNANDO BEACH |
| Facing Direction | East |
| Garage Y/N | false |
| Other Structures | Workshop |
| Total Rooms | 15 |
| Full Baths | 2 |
| Status | Active |
| 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. |
| City | HERNANDO BEACH |
| Senior Community Y/N | false |
| MLS Area | 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 14600 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 4826.25 |
| Home Warranty Y/N | false |
| Property Condition | Fixer |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/TB8551568 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Lot | 26 |
| Legal Description | HERNANDO BEACH UNIT 12 BLK 107 LOTS 26 & 27 |
| Water View | Canal |
| Water Access Type | Brackish Water,Canal - Brackish,Canal - Saltwater,Gulf/Ocean |
| Minimum Lease | No Minimum |
| Water Access Y/N | true |
| Additional Rooms | Attic,Breakfast Room Separate,Den/Library/Office,Family Room,Florida Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Interior In-Law Suite w/Private Entry |
| ILS Total SQFT | 1144 |
| ILS Under Air SQFT | 1144 |
| Water View Y/N | true |
| Flood Zone Code | AE |
| In Law Suite YN | false |
| In Law Suite Description | Private Entrance |
| DockY/N | true |
Interior Features
| Interior Amenities | Built-in Features,Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Living Room/Dining Room Combo,Solid Surface Counters,Solid Wood Cabinets,Window Treatments |
|---|---|
| Flooring | Laminate,Hardwood |
| Furnished Y/N | Unfurnished |
| Fireplace Features | Living Room,Wood Burning |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Half Baths | 1 |
| Laundry Features | Inside,Laundry Room,Washer Hookup |
| Total Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Balcony,Dog Run,Fire Pit,Private Mailbox,Private Yard,Storage |
|---|---|
| Vegetation | Mature Landscaping,Oak Trees,Trees/Landscaped |
| Fencing | Chain Link |
| Parking Features | Driveway,Off Street,Open,Parking Pad |
| Lot Features | Cleared,Flood Insurance Required |
| Water Source | Public |
| Lot Size Area | 14600 |
| Foundation Details | Concrete Perimeter,Pillar/Post/Pier,Stilt/On Piling |
| Spa | false |
| Building Area Total | 2208 |
| Lot Size Acres | 0.34 |
| Road Surface Type | Asphalt,Paved |
| Frontage Length | Canal: 170 |
| Private Pool | true |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34607
Price
Taxes
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on September 24, 2026 2:31 PM UTC The listing information on this page last changed on Last updated on September 24, 2026 2:31 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 24, 2026 2:31 PM UTC
© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
