3251 Shoal Line Blvd

Hernando Beach, FL 34607
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3 bd, 2 ba | 1,134 sqft | Built in 1999

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List Price
$345,000

Initial Investment

$94,013

Purchase Price

$345,000

Down Payment

25%

Rent

$1,790

Total Return

$334,117

Annualized Return

33.0%

Cap Rate

3.3%

Gross Yield

6.2%

Cash Flow

-$8,232

Appreciation

16.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

2,355

HOA

None

Flood Risk

High Risk - Zone AE

Adorable waterfront Key West style Home with indirect Gulf Access via boat-lift. 3 story home but don't worry about carrying up those groceries. Park the car in the garage and just take the interior elevator servicing all floors. This cute 3 bedroom 2 1/2 bath home is waterfront with a common area that abuts the water. Relax and soak in the beautiful water views and stunning sunsets on the screened balconies/porches. Live where you vacation. Embrace the coastal vibe walking or biking to all the great restaurants & the corner store. This home is perfect for fishing & all your water toys. Marina is also just a skip away. Home boasts bedrooms on all separate floors for privacy. Hernando Beach seems secluded, yet it's minutes from all amenities on U.S.19.Public boat ramps, Weeki Wachee water park, beach or Sun West are just a minutes away. Easy commutes to Tampa or Orlando whether for work or play. See it today and imagine living here. Property was once governed by an HOA, but it is currently inactive as of now.. Please verify all information for accuracy.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$3,632

Property Taxes

-$6,250

Loan Payments

-$18,756

Net Cash Flow

-$8,232

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Brittany Rumpf, PA
Agent License 3404975
HOME LAND REAL ESTATE INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #W7873253
Last Updated: 03/09/2025 18:03
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