Waterfront Flex Commercial
4001 Shoal Line Boulevard Hernando Beach, FL 34607
4001 Shoal Line Boulevard, Hernando Beach, FL, 34607
$2,050,000
For Sale
$2,050,000
SINGLE_FAMILY - Hernando Beach, FL
Property Size6,040 SF
Lot Size0.80 Acres
Price / SF$339.40
Days on Market213
Property Features for 4001 Shoal Line Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C2
- Parking features
- Parking Lot, RV
- Standard status
- Active
- APN
- 01015127
- Lot size
- 0.80 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GULF COAST COMMERCIAL CENTER LOT 3 & 4 ORB 2088 PG 1301 GULF COAST COMMERCIAL CENTER LOT 1 GULF COAST COMMERCIAL CENTER LOT 5 GULF COAST COMMERCIAL LOT 2
- Tax Annual Amount
- 6869
Utilities
- Cooling system
- Electric, Central Air
- Water source
- Public
- Water front features
- Seawall, Waterfront
- Water front
- 1
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Flooring type
- Concrete, Carpet, Vinyl
- Building materials
- Stucco
- Roof type
- Flat
- Additional Structures
- Garage(s)
Listing Agency
Coldwell Banker Weaver Group Realty
(352) 592-7576
3436 Shoal Line Blvd, Hernando Beach, FL
Listed by
Thomas Dishman · License #3564834
(419) 651-2084
Added: Dec 19, 2025 Checked: Jul 20 at 2:06 am
MLS# 850785
Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 4001 Shoal Line Boulevard in Hernando Beach, this multi-use commercial building totals 6,040+/- square feet and sits on approximately 1.75 acres of waterfront land with unobstructed Gulf views. The improvements include a flexible mix of office space, warehouse areas, and a former restaurant build-out, plus upper-level living quarters.
The property is positioned on a high-visibility main roadway and along a well-traveled waterway where boaters must pass to access the community boat lift, supporting strong visibility from the water. Fenced and camera-monitored RV and boat storage areas are included and generate income.
An additional tenant space is currently occupied by a golf cart sales and rental operator. With its combination of existing improvements, income-producing storage, and waterfront marine exposure, the property offers multiple paths for repositioning, redevelopment, or mixed-use use under C2 zoning.
The property is positioned on a high-visibility main roadway and along a well-traveled waterway where boaters must pass to access the community boat lift, supporting strong visibility from the water. Fenced and camera-monitored RV and boat storage areas are included and generate income.
An additional tenant space is currently occupied by a golf cart sales and rental operator. With its combination of existing improvements, income-producing storage, and waterfront marine exposure, the property offers multiple paths for repositioning, redevelopment, or mixed-use use under C2 zoning.
Key Highlights
- 6,040+/- SF multi‑use commercial building on approx. 1.75 acres with waterfront access and seawall.
- Waterfront location with unobstructed Gulf views and waterfront setting on a high‑visibility main roadway.
- Includes office space, warehouse areas, a former restaurant build‑out, and upper‑level living quarters.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.9k | $18.36 |
| − Vacancy | −$6.1k | −$1.01 |
| EGI | $104.8k | $17.35 |
| − OpEx | −$31.4k | −$5.21 |
| NOI | $73.4k | $12.15 |
6,040 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.05M
$917.0K – $1.22M
NOI $73,357 @ 7.0% cap · market cap 3.58%
Second Best
Flex RnD
$928.8K
$812.7K – $1.08M
NOI $65,015 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,311 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-use waterfront building with office, warehouse space, former restaurant build-out, and upper living quarters.
Where is this flex space located?
The property is located at 4001 Shoal Line Boulevard Hernando Beach, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 6,040+/- SF multi‑use commercial building on approx. 1.75 acres with waterfront access and seawall.; Waterfront location with unobstructed Gulf views and waterfront setting on a high‑visibility main roadway.; Includes office space, warehouse areas, a former restaurant build‑out, and upper‑level living quarters.
