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4291 SHOAL LINE BOULEVARD, #102, Spring Hill, FL, 34607 | $3,450,000
Investment Opportunity Awaits! Are you ready to own your own business and a piece of paradise on the beautiful Gulf Coast of America? Look no further than the Hernando Beach Boutique Motel and Resort located in The Village of Hernando Beach. This turnkey operation features 4 Luxury Efficiencies with full Kitchens overlooking the Canal that leads straight to the Gulf. Guest Suite #1 features 2 Bedrooms; one with 2 Full size beds and the other with 2 Queen size beds. Guest Suite # 2 King Side Bed. Guest Suite # 3 features 2 Bedrooms/ one with a King size bed with Twin beds and the other with a King size bed, a fantasy bath, formal dining and a daybed. Guest Suite #4 has one King size bed. The property has two Office spaces that are currently leased to local businesses and a brand-new self-service Commercial Laundromat that is open to the public. The Motel office is located in the center of the building and includes a beautiful Gift shop. Also included is our very successful Captains Boat Rental business with 10 top notch pontoon boats that are included in the sale price. The concrete sea wall is 305 feet long and has 12 floating docks accommodating 23 boats leading directly to the Gulf of America. The building sits on the right side of the one-acre lot leaving plenty of room for the expansion of an additional 18 room, three story motel. Preliminary plans have already been drawn up for the construction of a beautiful Key West style motel. The Village of Hernando Beach is surrounded by the Gulf of America on the West side and by eight parks within seven miles on the other side. The Weeki Wachee State Park with its world-famous live mermaid show is located only ten minutes away. The Village of Hernando Beach has just been designated as a coastal golf cart community which is an additional attraction. The Hernando Beach Boutique Motel with its own Captain's Boat Rental, laundromat and gift shop is a very profitable business with incredible potential for expansion. The building has been totally renovated in 2025 including all new electric, new plumbing, all new equipment and furniture. This is truly a turnkey operation. Work and play in paradise with this unique investment!
Features
- Property Type: Hotel/Motel
- Construction: Block, Stucco
- Utilities: BB/HS Internet Capable, Electricity Available, Natural Gas Available, Public, Sewer Nearby, Underground Utilities, Water Connected
- Garage: Over 30 Spaces
- Levels: 1
- Heating: Electric, Zoned
- Cooling: Mini-Split Unit(s)
- Units: 8
- Lot Size: 244 x 150
- Year Built: 1961
- Approx Sq. Feet: 5,620
- Acreage: 1.02
- Est. Taxes: $9,457
- Lot Desc: FloodZone, Waterfront
- Pet Policy: No
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- MLS#: W7876240
- Days on Market: 170 days
- Website: https://www.raveis.com
/prop/W7876240/4291shoallineboulevard_springhill_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER WEAVER GROUP REALTY Phone: 352-592-7576
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4291 SHOAL LINE BOULEVARD, #102, Spring Hill, FL, 34607
$3,450,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,760,000 | $2,760,000 | $2,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $788 | $788 | $788 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,671 | $16,548 | $22,919 |
| Total Monthly Payment | $16,584 | $17,461 | $23,832 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388