4519 FLOUNDER DRIVE, Hernando Beach, FL, 34607 | $199,000

Under contract-accepting backup offers. INVESTOR SPECIAL!! WATERFRONT OPPORTUNITY WITH DIRECT GULF ACCESS! Bring your vision and unlock the incredible potential of this 3 BEDROOM, 2 BATHROOM BLOCK CONSTRUCTION home ideally situated on a quiet CUL-DE-SAC at the end of a canal in desirable HERNANDO BEACH. Boasting approximately 120 FEET OF CONCRETE SEAWALL and DIRECT GULF ACCESS, this property is a boater's dream and offers endless possibilities for a primary residence, vacation getaway, investment property, or short-term rental opportunity.
Enjoy beautiful water views from the spacious living room featuring a large picture window overlooking the canal. The home offers durable TERRAZZO FLOORING in the main living area and inside the laundry room, . Major improvements include NEW WINDOWS INSTALLED IN 2022 and a METAL ROOF REPLACED IN 2019, providing peace of mind for years to come.
The owner of the home did many upgrades to the property post Hurricane Helene including a new UPDATED GRAY KITCHEN CABINETS, GRANITE COUNTERTOPS, and white appliances as well as repairing the master bedroom and master bathroom. The home still has lots of improvements that are needed including drywall, trim, electric updates, etc.
Step outside and enjoy the Florida waterfront lifestyle with an OPEN DECK, FLOATING DOCK, SCREENED LANAI, CARPORT, storage shed, and a spacious backyard with PLENTY OF ROOM FOR A POOL. Whether you're fishing from your backyard, launching your boat for a day on the Gulf, or simply relaxing while taking in the waterfront views, this property offers the perfect coastal setting.
Located in the highly sought-after Hernando Beach community, residents enjoy DIRECT GULF ACCESS boating, world-class fishing, kayaking, paddleboarding, waterfront dining, and breathtaking sunsets. The area is GOLF CART FRIENDLY and offers convenient access to the famous WEEKI WACHEE SPRINGS, the WEEKI WACHEE RIVER, local marinas, waterfront restaurants, shopping, and entertainment. With NO SHORTAGE OF OUTDOOR RECREATIONAL ACTIVITIES and easy access to the SUNCOAST PARKWAY for commuting to Tampa, this coastal community truly allows you to LIVE EVERY DAY LIKE YOU'RE ON VACATION.
With solid bones, exceptional waterfront features, and an unbeatable location, this property is ready for its next owner to add the finishing touches and make it shine once again. Don't miss this rare opportunity to own an affordable DIRECT GULF ACCESS waterfront home in Hernando Beach!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Style: Ranch
  • Year Built: 1964
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,294
  • Acreage: 0.17
  • Est. Taxes: $1,432
  • Lot Desc: Cleared, Cul-De-Sac, Flood Insurance Required, FloodZone, Near Marina, Near Public Transit, Street Dead-End
  • View: Water
  • Water Front: Yes
  • Elem. School: Westside Elementary-HN
  • Middle School: Fox Chapel Middle School
  • High School: Weeki Wachee High School
  • Pet Policy: Yes
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8521984
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8521984/4519flounderdrive_hernandobeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 6/26/2026 6:14:21 PM)
Listing courtesy of JT REALTY & ASSOCIATES   Phone: 352-279-2640

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4519 FLOUNDER DRIVE, Hernando Beach, FL, 34607

$199,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $159,200 $159,200 $159,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.512% 5.866%
Monthly Tax Payment $119 $119 $119
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $953 $993 $1,311
Total Monthly Payment $1,147 $1,187 $1,505

* 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.