Hernando Beach, FL

Hernando Beach Florida - Channel Dredge Update

After much debate - some would say debacle - the long awaited dredge of the Hernando Beach channel is finally under way!

For weeks, residents have been watching preparations take place. First the signage announcing the dredge of the channel went up by the public boat ramp on Caliente Street in Hernando Beach.

Then some big, fat pipes appeared alongside the road leading to the site where the sand from the dredge will be deposited and stock piled.

While the actual dredging of sand has not begun, there is some heavy equipment out in the Hernando Beach channel removing the bigger rocks from the bottom of the channel. These rocks are being deposited above the mean high water line on some of the spoil islands.

Orion Marine Group, Inc, is the contractor for this project. Throughout the entire dreding process, the channel will remain open to boaters. After the rock removal phase is completed, the actual sand dredging will begin - conducted by "Mr. O" - the name of the dredge barge. According to the contractor, the completed channel will be 60 ft wide at the bottom and taper upwards for a broader width at water level.

Stay tuned for updates, more photos will follow as the dredging process continues.

September 2009 Real Estate Market Report: Hernando Beach, Florida - Hernando Beach South

The direct access areas are located in the northern parts of Hernando Beach and include all of the area north of Companero Entra. The southern areas are Hernando Beach Central and Hernando Beach South which require boaters to use a boatlift to gain access to the canals leading to the Gulf of Mexico.

This real estate market update of waterfront homes for sale in Hernando Beach covers the most southern area of Hernando Beach, Hernando Beach South. This subdivision is a non-gated but deed-restricted community located on wide and deep fresh water canals. There is a private community boat ramp available to residents only.

Inventory of homes for sale in Hernando Beach South remained stable; however, average and median list prices have dropped indicating price reductions in the homes for sale inventory. One home was sold in this neighborhood during September and there are none currently under contract.

Please also read the market reports for the Hernando Beach direct access neighborhood and the Hernando Beach Central neighborhood of this fine waterfront community.

Offered for Sale: 16

Price Range: $164,900 - $550,000

Median: $348,388

Average: $339,330

Sold in September 2009: 1

A two bedroom, 2 bath, two-story stilt home with 1597 living sf sold for $165,000 CASH after 84 days on the market representing 75% of the asking price.

Sales Data derived from Hernando County MLS as of 10/15/09, believed to be accurate but not guaranteed.

September 2009 Real Estate Market Report: Hernando Beach, Florida - Hernando Beach Central

Hernando Beach, Florida, is a waterfront community located along the west coast of central Florida just north of Tampa. This community offers a wide range of homes located on saltwater and freshwater canals.

The homes in neighborhoods on freshwater canals are Hernando Beach Central and Hernando Beach South. Boaters living in Hernando Beach Central and South use a boatlift to gain access to the saltwater canals to the north which lead directly to the open waters of the Gulf of Mexico. For this reason, properties located in these two neighborhoods of Hernando Beach are identified as "indirect" access. There are also a number of marinas located in Hernando Beach offering dry and wet boat storage facilities.

This real estate market update covers the central section of Hernando Beach, Florida. This area is not gated nor deed-restricted, homes are located on wide and deep freshwater canals.

Inventory has remained stable and while there has been little activity in recent months in this neighborhood, there is a silver lining with two homes currently under contract.

Please also read the market reports for the neighborhoods of Hernando Beach with direct Gulf access and the Hernando Beach South subdivision.

Offered for Sale: 9

Price Range: $169,000 - $479,000

Median: $259,000

Average: $289,956

Under Contract: 2

Of the two homes under contract in Hernando Beach Central, one is pending, the other is under contract with contingencies.

Closed Transactions in September 2009: None

Sales Data derived from Hernando County MLS as of 10/15/09, believed to be accurate but not guaranteed.

This morning, NASA had a space probe crash into the moon. The probe was launched in June and the purpose for this exercise is to determine whether there is water on the moon by examining the resulting dust cloud from the crash.

These photos of the "undamaged" full moon were taken at the beginning of October 2009 in Hernando Beach, Florida.

Enjoy!

This is the September 2009 market report for Hernando Beach Waterfront Homes located those areas of the community that have direct boating access to the Gulf of Mexico.

Hernando Beach Waterfront Homes Offered for Sale: 68

Price Range: $82,000 - $850,000

The lowest priced home in Hernando Beach, Florida, is a home that is severely fire damaged. It is offered as a short sale.

Median: $337,300

Average: $359,540

Average Days on Market: 275

Hernando Beach Waterfront Homes Under Contract: 8

Price Range: $150,000 - $579,000

Median: $209,500

Average: $255,225

Average Days on Market: 91

Among the homes under contract, five are short sales, one is a foreclosure home, and two are offered as market listings.

Closed Transactions in September 2009: 3

Sold Property 1: A two-story stil home, offered as a short sale at $150,000 sold for over list price at $175,000. This was a CASH purchase without seller concessions. Built: 1981 Bed/Bath: 2/3 Living SF: 900

Sold Property 2: A three-story stilt home, offered as a short sale at $274,500 sold for $220,000 CASH after total of 395 days on the market. Built: 2004 Bed/Bath: 4/2 Living SF: 1696 Total SF: 3536

Sold Property 3: A three-story stilt home with Pool, offered at market value for a list price of $695,000 sold for $550,000 with conventional financing after 226 days on the market. Built: 2207 Bed/Bath: 3/2 Living SF: 2649 Total SF: 5273.

Sales Data derived from Hernando County MLS as of 10/2/09, believed to be accurate but not guaranteed.

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