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4016 EAGLE NEST DRIVE
About This Property
Discover true Old Florida paradise in this beautifully remodeled 3-bedroom, 1-bath home and a bright Florida room-perfect for relaxing or entertaining with a view! Every inch of this home has been thoughtfully updated for modern coastal living, with luxurious waterproof vinyl plank flooring, waterproof Endura wall panels, and custom waterproof kitchen and bathroom cabinetry designed to withstand the Florida lifestyle. 4 Head mini split AC and heat with wall unit ac's in two of the bedrooms. Hurricane impact front and back doors. Roof was replaced in 2017. Furnishings are negotiable.
Located on a direct Gulf-access canal, this home offers deep water with plenty of room for your sailboat and endless opportunities for boating, fishing, and waterfront adventures. Enjoy convenient access to local waterfront restaurants and the laid-back charm of Hernando Beach-where every day feels like a vacation.
Additional highlights include a large garage, a detached shed for extra storage, and ample parking for your boats, RV, or other toys. Whether you're seeking a full-time waterfront residence, a vacation getaway, or an investment property, this home is ready for you to move right in and start living the Gulf Coast dream!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2026 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Mar 2, 2026 | Price Decreased |
$390,000
↓ $9K
(2.3%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$399,000
↓ $21K
(5%) | |
| Price Decreased | |||
| Oct 5, 2025 | Listed by CHARLES RUTENBERG REALTY INC | $420,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Apr 11, 2024 | Sold | ||
| Sold | |||
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About Hernando Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017