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    4291 Shoal Line Boulevard 102, Hernando Beach, FL 34607
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    • MLS#: 2236852 ( Commercial )
    • Street Address: 4291 Shoal Line Boulevard 102
    • Viewed: 54
    • Price: $2,995,000
    • Price sqft: $533
    • Waterfront: No
    • Waterfront Type: Boat Dock,Boat Slip,Canal,Direct Gulf Access,Seawall
    • Year Built: 1961
    • Bldg sqft: 5620
    • Days On Market: 88
    • Acreage: 1.02 acres
    • Additional Information
    • Geolocation: 28.4938 / -82.6501
    • County: HERNANDO
    • City: Hernando Beach
    • Zipcode: 34607
    • Subdivision: Gulf Coast Ret Unit 5
    • Elementary School: Westside
    • Middle School: Fox Chapel
    • High School: Weeki Wachee
    • Provided by: McRae McRae Realty Inc
    • Contact: Yann H Milcendeau
    • (352) 279-8628
    • Hernando County, FL MLS
    • DMCA Notice
    • Description
      Are you ready to own a piece of paradise on the beautiful Gulf Coast of Florida? Look no further than The Hernando Beach Motel located in The Village of Hernando Beach. This turnkey operation has 7 efficiencies with full kitchens, two offices, one for the motel and the other is leased by The Freedom Boat Club including slips for 18 of their boats.. There is also an apartment for the owner/manager. The concrete sea wall is 305 feet long and has 12 floating docks with 23 boat slips directly leading to the Gulf of Mexico. The motel runs its own very successful boat rental operation with ten top notch pontoon boats which are included with the sale price. 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 building. Hernando Beach is surrounded by The Gulf of Mexico on the West side and by seven parks within seven miles on the other side. The Weeki Wachee State Park with its world famous mermaid show is located only ten minutes away. The Hernando Beach Motel with its own Captain's Boat Rental on location is a very profitable business. If new owners operate the business with no payroll as we used to do, their CAP rate would be 9.6% with actual 2023 figures. Work and play in paradise with this unique investment!
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    Features
    Possible Terms
    1. Cash
    2. Conventional
    Waterfront Description
    1. Boat Dock
    2. Boat Slip
    3. Canal
    4. Direct Gulf Access
    5. Seawall
    Absolute Longitude
    1. 82.650052
    Acreage Info
    1. Over 1 to 2 Acres
    Additional Acreage
    1. No
    Approx Road Frontage
    1. 300
    Approx Water Frontage
    1. 305
    Block
    1. 0510
    Carport
    1. For Sale
    Ceiling Height
    1. 8 to 9 Feet
    Condition
    1. Sold As Is
    Construction
    1. Concrete Block
    2. Foundation - Slab
    3. Frame
    4. Stucco
    Cooling
    1. Wall/Window
    Days On Market
    1. 87
    Current Zoning
    1. C1
    Electric
    1. 220 Volts
    Elementary School
    1. Westside
    Exclusions Y/N/Unknown
    1. No
    Exemptions
    1. Nhx
    Exteriorfencing
    1. Landscaped
    2. Other - See Remarks
    3. Outdoor Lighting
    4. Patio-Covered
    5. Storage/Out Buildings
    6. Wood Deck
    Flooring
    1. Ceramic Tile
    2. Concrete
    Greenbelt
    1. No
    Handicap Features
    1. Parking
    2. Wheelchair Accessible
    Heat
    1. Heat Pump
    2. Wall/Window
    High School
    1. Weeki Wachee
    Interior Features
    1. Private Restrooms
    2. Public Restrooms
    3. TV/Video Surveillance
    Legal Description
    1. Gulf Coast Ret Unit 5 Replat Blk 51 Lots 7 8 9 10 11
    Levels
    1. One
    Location
    1. Rural Property
    Lot
    1. 0070
    Lot Sqft
    1. 44303.00
    Main Building Sqft Heated
    1. 4592.00
    Middle School
    1. Fox Chapel
    New Construction
    1. No
    Parking
    1. Over 30 Spaces
    2. Unassigned
    Paved Road
    1. Yes
    Property Group Id
    1. 19990816212135227274000000
    Property Type
    1. Commercial
    Roof
    1. Asphalt
    2. Rolled
    Sales Includes
    1. Building
    2. Business
    3. Equipment
    4. Furniture/Fixtures
    5. Good Will
    6. Inventory
    7. Land
    8. Other - See Remarks
    Section
    1. 12
    Sewer
    1. Public Sewer
    Sinkhole
    1. Unknown
    Sinkhole Report
    1. Unknown
    Special Info
    1. None
    Sqft Source
    1. Tax Roll
    Style
    1. Hotel/Motel
    Subdiv Num
    1. 2011
    Tax Year
    1. 2023
    Taxes
    1. 9080.02
    Terms Available
    1. Cash
    2. Conventional
    The Range
    1. 16
    Township
    1. 23
    Unit Number
    1. 102
    Utilities
    1. Cable Available
    Views
    1. 54
    Water
    1. Public
    Year Built
    1. 1961
    Headshot for Associate Toniann Ciappetta
    1. Toniann Ciappetta, REALTOR ®
    2. Tropic Shores Realty
    3. Mobile: 352.585.2149
    4. toniannsells@gmail.com