
$355,000
3317 Oleander Drive
Hernando Beach, FL 34607
Listing updated: September 23, 2026 at 8:32 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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 !
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveSep 23, 2026
- Listed$355,000Sep 23, 2026
- Price increased$355,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Hernando Beach
- County
- Hernando
- Year built
- 1981
- Living area
- 1,344 sq ft
- Price/sq ft
- $264
- Building area
- 2,208 sq ft (Public Records)
- Lot size
- 14,600 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12053C0282E)
- Pool
- Private pool
- Annual taxes
- $4,826 (2025)
- Parcel #
- R13-223-16-2350-1070-0260
- Zoning
- RES
- MLS #
- TB8551568
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Laminate, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Interior features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Laundry
- Inside, Laundry Room, Washer Hookup
- Stories / Levels
- Two
- Direction faces
- East
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric, Heat Pump
- Cooling
- Central Air
Parking
- Parking features
- Driveway, Off Street, Open, Parking Pad
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Balcony, Dog Run, Fire Pit, Private Mailbox, Private Yard, Storage
- Construction materials
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Concrete Perimeter, Pillar/Post/Pier, Stilt/On Piling
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Natural Gas Available, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Second | 17x11 |
| Dining Room | Second | 11x10 |
| Kitchen | Second | 13x11 |
| Florida Room | Second | 23x10 |
| Primary Bathroom | Second | 10x6 |
| Primary Bedroom | Second | 15x10 |
| Bedroom 2 | Second | 11x11 |
| Bathroom 2 | Second | 9x6 |
| Bedroom 3 | First | 13x12 |
| Bedroom 4 | First | 13x12 |
| Bathroom 3 | First | 11x8 |
| Dinette | First | 11x10 |
| Kitchen | First | 11x8 |
| Great Room | First | 12x12 |
| Balcony/Porch/Lanai | First | 24x10 |
Listing Details
- Listing date
- 2026-09-21
- On market date
- 2026-09-23
- Original list price
- $355,000
- Occupant type
- Vacant
- Special conditions
- Short Sale
- MLS area
- 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-09-23
- Tax legal description
- HERNANDO BEACH UNIT 12 BLK 107 LOTS 26 & 27
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of September 23, 2026 at 8:32 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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