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3317 OLEANDER DRIVE

House For Sale
$355,000

BTC: 4.26990618

ETH: 133.96226415

5 days
Waterfront
2 bds
2 ba
1,344 sqft

Overview

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 !

Location

Details

Type:
Residential
Parking:
Driveway / Off Street / Open / Parking Pad
Year Built:
1981
Lot:
0.34 Acres
Heating:
Central / Electric / Heat Pump
Price/sqft:
$264
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$289,900
$241K – $333K
Confidence Low
List vs. estimate
$65K above estimate
List $355,000 · +22.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$264
-23.4% vs. city median $344
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,826
2025
Pool
Gunite
View
Water
Waterfront
Canal Front, Waterfront
All facts and features
  • Flooring

    • Laminate

    • Hardwood

    Heating

    • Central

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • 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

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Off Street

    • Open

    • Parking Pad

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Dog Run / Fire Pit / Private Mailbox / Private Yard / Storage

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: R1322316235010700260

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Fire Hydrant

    • Natural Gas Available

    • Phone Available

    • Public

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,826

  • Source details

    • MLS ID: TB8551568

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Concrete Perimeter / Pillar/Post/Pier / Stilt/On Piling

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Inside / Laundry Room / Washer Hookup

    • Lot Features: Cleared / Flood Insurance Required

    • Patio And Porch Features: Deck / Front Porch / Patio / Porch / Rear Porch / Screened

    • Pool Features: Gunite / In Ground / Outside Bath Access

    • Direction Faces: East

    • Other Structures: Workshop

    • Architectural Style: Elevated / Florida / Key West / Mediterranean / Traditional

    • Waterfront: Yes

    • Fireplace: Yes

    • Living Area: 1344

    • Water Source: Public

    • Subdivision Name: HERNANDO BEACH

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GOFF & ASSOCIATES REALTORS