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Under contract-accepting backup offers. 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 !

  • Bedrooms
    2
  • Bathrooms
    2 full · 1 half
  • Year Built
    1981
  • Stories
    2.0
  • Architectural Style
    Traditional, Mediterranean, Florida, Elevated, Key West
  • Construction Materials
    Wood Siding, Frame
  • Foundation
    Pillar/Post/Pier, Concrete Perimeter
  • Parking Features
    Driveway, Open, Parking Pad, Off Street
  • Living Area
    1344.0
  • Interior Features
    Eat-in Kitchen, High Ceilings, Built-in Features
  • Appliances
    Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer, Range, Disposal
  • Flooring
    Laminate, Wood
  • Furnished
    Unfurnished
  • Exterior Features
    Storage, Dock, Balcony, Fire Pit, Private Yard, Dog Run
  • Patio And Porch
    Patio, Deck, Porch, Screened, Front Porch, Rear Porch
  • Pool Features
    Gunite, In Ground, Private
  • Cooling
    Central Air
  • Heating
    Electric, Heat Pump, Central

  • Acres
    0.34
  • Lot Features
    Cleared, Waterfront
  • Water Front Features
    Canal Front
  • Water Front
    Yes
  • View
    Water, Canal
  • Utilities
    Cable Available, Natural Gas Available, Electricity Connected, Sewer Connected, Water Connected, Phone Available, Underground Utilities
  • Water
    Public

  • Area
    34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
  • County
    Hernando
  • City
    Hernando Beach
  • Neighborhood
    HERNANDO BEACH
  • Zip Code
    34607

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Frequently Asked Questions

How do I schedule a tour of 3317 Oleander Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 3317 Oleander Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 3317 Oleander Dr?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $355,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Hernando Beach, and can even get you in to see the property quickly.

How do I get a virtual tour of 3317 Oleander Dr?

Yes! A virtual tour is available for 3317 Oleander Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 3317 Oleander Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 3317 Oleander Dr at around $2,422. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 3317 Oleander Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hernando County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 3317 Oleander Dr?

In most cases, yes. Whether 3317 Oleander Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hernando Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 3317 Oleander Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Hernando Beach and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $355,000 with 1,344 sqft of space—that comes out to approximately $264 per square foot.

How long has this property been on the market?

3317 Oleander Dr was listed on September 23, 2026, which means it's been on the market for 48 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1981, making it approximately 45 years old.

What is the lot size of this property?

3317 Oleander Dr sits on a 0.34-acre lot, which is 14,810 square feet.

What are the property taxes for 3317 Oleander Dr?

The most recent public record shows annual property taxes for 3317 Oleander Dr were approximately $4,826. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 3317 Oleander Dr still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: November 10, 2026 at 07:47PM | Source: Stellar MLS | MLS#: TB8551568