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Hernando Beach 34607 Hernando Beach
4034 COBIA DRIVE
$557,000
● House - Off Market

4034 COBIA DRIVE

HERNANDO BEACH, FL 34607
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,940 Ft²
$3,470
Est. Monthly
$25
HOA / Fees
2.81%
Cap Rate

About This Property

Beautifully maintained 3 bedroom 2 bathroom POOL home with panoramic water views! This home is not just a place to live, but a lifestyle to embrace. Offering a spacious open concept living area, updated kitchen and stunning sunset views inside this lovely home you will find a large master suite complete with separate shower and jetted tub. The guest rooms are generously sized and positioned in the split floorplan layout. There is even a dedicated office space! Additional features include: oversized 3 car garage (18x36), solar pool heater, huge downstairs entertaining space, floating dock, and a fully fenced dog run. Whether you are boating, kayaking, or simply enjoying the tranquility of waterfront living, this property offers it all!
Unit Size
1,940 Ft²
Days on Market
60 days
Land Size
0.17 acres
Price per sqft
$296
Property Type
House
Property Taxes
$622
HOA Dues
$25
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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%.

How much can I actually make?

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.

Last updated: 2 years ago (Stellar MLS #W7872167)

Price History

Date / Event Date Event Price
Apr 14, 2025 Sold
Premium
Sold
Mar 14, 2025 In contract -
In contract
Feb 13, 2025 Listed by FLORIDA CRACKER PROPERTIES $574,900
Listed by FLORIDA CRACKER PROPERTIES
May 14, 2020 Sold
Premium
Sold
Apr 7, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,612
  • Parking Space Count: 6
  • Patio Type: 73
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 3,872
  • Gross Building Area: 3,872
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERNANDO BEACH UNIT 13-B
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: HERNANDO BEACH UNIT 13-B BLK 135 LOT 40

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 36,40,69,99
  • Census Tract: 041501

Geography

  • Assessors Map Reference: MAP: 8D
  • Account Number: 00935929
  • Parcel: R24-223-16-2370-0135-0400
  • Block: 135
  • Lot: 40
  • Meridian: SEC 24 TWN 23S RNG 16E
  • Municipality: COASTAL RIVER BASIN EMS CRES
  • Latitude: 28.4746
  • Longitude: -82.6526

    Address

  • Full Address: 4034 Cobia Dr
  • Address - House Number: 4034
  • Address - Street Name: Cobia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hernando Beach
  • Carrier Code: R082
  • 4-Digit Zip Code: 3636
  • Zip Code: 34607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $660,261
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 610,302
  • High Value: 732,651
  • Low Value: 487,953

    Market Valuation

  • Market Total Value: $443,825
  • Market Land Value: $74,625
  • Market Improvement Value: $369,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,352

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020029286
  • Previous Sale Recording Date: Jan 09, 2008
  • Previous Sale Contract Date: Dec 21, 2007
  • Previous Sale Amount: $92,200
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hernando Beach

Stats & Trends

Median Asking:

$557,500

Sale Price/ft²

$332

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1820 ft²

Average Home Age

36.1 years

Currently For Sale

73 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3191 Shoal Line Boulevard, HERNANDO BEACH, FL, 34607

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
3191 Shoal Line Boulevard, HERNANDO BEACH, FL, 34607 Listing by Sarah Hill
Unit for rent at 4284 Columbus Drive, HERNANDO BEACH, FL, 34607

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,352 ft²
4284 Columbus Drive, HERNANDO BEACH, FL, 34607 Listing by Sarah Hill

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Emily Barr
FLORIDA CRACKER PROPERTIES
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# W7872167
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4034 Cobia Drive built and last sold?
The property at 4034 Cobia Drive was built in 2003 and last sold on May 6, 2020 for $389,500.
How much is this home worth?
The estimated value of the home located at 4034 Cobia Drive is $0.
What are some comparable homes to 4034 Cobia Drive?
There are currently no comparable homes to 4034 Cobia Drive.
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