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3460 Crape Myrtle Dr, Hernando Beach, FL, 34607

2beds
2baths
1,392sqft
$499,000
$358price/sqft
$3,571/moest. monthly cost
$142,840/yrincome needed

About This Home

ICONIC PINK three-story octagon WATERFRONT home with PRESERVE & GULF VIEWS - ACTIVE VACATION RENTAL - SOLD TURNKEY in Hernando Beach! Welcome to one of the most unique and eye-catching homes on the coast--this 3-story octagon WATERFRONT retreat perfectly positioned to capture BREATHTAKING PRESERVE AND GULF VIEWS. Located in the heart of Hernando Beach, this TURNKEY property blends architectural character, modern updates, and the ultimate FLORIDA COASTAL lifestyle. The second-story MAIN LIVING LEVEL features an OPEN-CONCEPT floor plan filled with natural light, SHIPLAP accent walls, and seamless INDOOR-OUTDOOR living. The DESIGNER KITCHEN showcases GRAY SHAKER CABINETRY, QUARTZ COUNTERTOPS, TILE BACKSPLASH, FLOATING SHELVES, FARMHOUSE SINK, GLASS-TOP COOKTOP, BUILT-IN OVEN, AND HOOD VENT. This level also offers a spacious guest bedroom, full bath with GLASS-ENCLOSED tub/shower combo, and a convenient laundry area tucked behind a stylish BARN DOOR. Step outside to enjoy COASTAL BREEZES from both the BALCONY AND SCREENED PORCH overlooking the peaceful PRESERVE. A striking SPIRAL STAIRCASE leads to the third-level PRIMARY SUITE, where you'll find the most spectacular PANORAMIC VIEWS in the home. Take in SWEEPING SUNSETS, GULF WATERS, AND UNTOUCHED NATURAL LANDSCAPES from your private retreat. The suite features a WALK-IN CLOSET with custom shelving and a beautifully updated ENSUITE BATHROOM with CUSTOM VANITY AND WALK-IN SHOWER WITH GLASS ENCLOSURE AND NICHE. The outdoor space is designed for true COASTAL LIVING with 75 FEET OF WATERFRONT, a CONCRETE PATIO, and a FLOATING DOCK. Launch your KAYAK OR PADDLEBOARD directly from your backyard and explore serene MANGROVE-LINED WATERWAYS. The FULLY FENCED YARD with two separate sections provides flexibility for PETS, ENTERTAINING, OR FUTURE POOL ADDITION. Additional highlights include a 2021 ROOF, contributing to approximately 2,501/YEAR HOMEOWNERS INSURANCE, and approximately 4,370/YEAR FLOOD INSURANCE. Located just a short distance to the HERNANDO BEACH BOAT LIFT, offering EASY ACCESS TO THE GULF for boating enthusiasts. Currently operating as an ACTIVE SHORT-TERM VACATION RENTAL and being SOLD FULLY FURNISHED / TURNKEY, this property is ideal as a PRIMARY RESIDENCE, SECOND HOME, OR INCOME-PRODUCING INVESTMENT. Located in the vibrant HERNANDO BEACH WATERFRONT COMMUNITY, residents enjoy BOATING, KAYAKING, PADDLEBOARDING, FISHING, AND DIRECT ACCESS TO THE GULF. Just minutes from Weeki Wachee Springs State Park, plus nearby SHOPPING, DINING, AND MEDICAL FACILITIES. The area is GOLF CART FRIENDLY, allows SHORT-TERM RENTALS, and has NO HOA AND NO DEED RESTRICTIONS, making it ideal for FULL-TIME LIVING, A VACATION HOME, OR A HIGH-PERFORMING INVESTMENT PROPERTY. With convenient access to the Suncoast Parkway, commuting to Tampa, Brooksville, and surrounding areas is easy. RARE, ICONIC, AND UNLIKE ANYTHING ELSE ON THE MARKET -- YOUR WATERFRONT PARADISE AWAITS.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

4/10
4/10
Fox Chapel Middle SchoolGrades 6-85.9 mi
3/10
Weeki Wachee High SchoolGrades 9-1210.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1988

Materials

  • Roof: Shingle
  • Construction materials: Frame,Stucco,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,In Unit,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Ceiling Fan(s),Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Electric,Other
  • Cooling features: Multi Units,Split System

Interior Area

  • Total structure area: 1,392
  • Total interior livable area: 1,392 sqft

Property

Details

  • Parcel number: R1322316235010800160
  • Zoning: R1B
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered,Patio,Porch,Rear Porch,Screened
  • Exterior features: Balcony,Dock
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Canal,Trees/Woods,Water,Protected Preserve,Gulf
  • Has water view: Yes
  • Water view: Canal,Water,Gulf
  • On waterfront: Yes
  • Waterfront features: Canal Front,Navigable Water,Ocean Access,Seawall,Indirect Gulf Access,Waterfront Community

Lot

  • Lot size: 7,405 sqft
  • Features: Dead End Street,Other
  • Lot size dimensions: 100 x 75

Parking

  • Total spaces: 2
  • Parking features: Carport,Covered
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Hernando County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$167$2,004
Property Taxes $684$8,208
Electricity $197$2,366
Total$3,571$42,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,434/yr
40% on housing$107,130/yr
45% on housing$95,226/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$358This listing

vs Other Active Listings

Avg $/sqft

ZIP 34607$243
Hernando County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 34607$303
Hernando County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Price change$524,500
2026-03-12Listed for sale$525,000
2026-01-08Listing removed$510,000
2025-12-09Price change$510,000
2025-11-15Listed for sale$535,000
2023-12-29Sold$470,000
2023-12-09Pending sale$488,900
2023-11-26Price change$488,900
2023-11-12Price change$499,999
2023-11-08Price change$509,000
2023-10-26Price change$515,000
2023-10-16Price change$522,000
2023-10-06Price change$537,000
2023-10-01Price change$555,000
2023-09-25Price change$574,999
2023-09-18Price change$578,000
2023-09-08Price change$588,000
2023-09-03Price change$598,000
2023-09-01Price change$628,898
2023-08-24Listed for sale$638,898
2018-03-23Sold$222,000
2014-05-05Sold$215,000
2014-02-20Listed for sale$239,900

For Sale by Agent

AgentSarah M Hill, JT Realty & Associates
BrokerageJT Realty & Associates

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