Building Details

Buildings 1

Listing Agency: McRae McRae Realty Inc

Listed By: Ann McRae · License #FL 0496678

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:40PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McRae McRae Realty Inc

Investment Insights

Based on property information with market context.

This waterfront apartment property includes five condominium units arranged around a central courtyard. Recent improvements include modern kitchens, new flooring, interior and exterior paint, hurricane-proof windows and doors, and upgraded pavers around the pool deck. Each unit opens to the pool area through sliding glass doors.

The U-shaped building centers on a 20x40 solar-heated screened pool with an orthopedic spa on the deck. One unit features a gourmet kitchen with a gas cooktop, electric wall oven, microwave, stainless steel range hood, granite countertops, and a private outdoor deck. The layout also supports an owner-occupant arrangement with the other units rented for income.

Key Highlights

• Five waterfront condominium units in one apartment property
• 20x40 solar‑heated screened pool positioned within the U‑shaped building
• All units connect to the pool area through sliding glass doors

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

Explore this area Business Placement

Demographics for 34607, FL

8,544

Population

5,025

Households

1.7

Avg Household Size

58

Median Age

24%

College-Educated

94%

High-School Grad

63.7 sq mi

ZIP Area

134

Density / Sq Mi

$61,221

Median Household Income

$31,126

Median Earnings

$1,226

Median Rent

$343,100

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Remodeled waterfront property with updated kitchens, hurricane-resistant openings, a screened pool, and refreshed outdoor surfaces.

Where is this apartment building located?

The property is located at 4407 Calienta Street Hernando Beach, FL.

What are key features of this property?

This property features: Five waterfront condominium units in one apartment property; 20x40 solar‑heated screened pool positioned within the U‑shaped building; All units connect to the pool area through sliding glass doors