Short Sale - Waterfront - Fixer Upper

Address

3317 Oleander Drive, HERNANDO BEACH, FL

Listing Type

Active

Price

$ 355,000

Your Agent

Brian Buonaiuto

Broker/Owner, JPAR - Premier Destination Realty

401-641-9017

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