Vacant land sales in Hernando Beach continued to be slow in 2008. As a result, lot prices have come down considerably.
Lots are available in all three areas of Hernando Beach which are differentiated by their accessibility to the Gulf of Mexico and accordingly indicated as "direct access", "indirect access/Central" and "indirect access/South". The indirect access areas require boaters to use a boatlift to gain access to the saltwater canals leading to the Gulf of Mexico. Hernando Beach South is the only neighborhood that is deed-restricted.
The access to the Gulf of Mexico has an impact on pricing, indirect access lots typically can expect to obtain a lower price than direct access lots with direct gulf front lots being at a premium. Other factors to consider are lot size and waterfrontage as well as features such as seawalls and docks already in place.
Sales in Hernando Beach:
Total Closed Transactions: 8
Sales Price Range: $66,500 - $165,000
Median Price: $130,000
Average Price: $117,062
Average Marketing Time: 141 Days
Hernando Beach Direct Access:
Closed Transactions: 5
Sales Price Range: $130,000 - $165,000
Median Price: $145,000
Average Price: $144,000
Average Marketing Time: 172 Days
Hernando Beach Central (indirect access): None
Hernando Beach South (indirect access):
Closed Transactions: 3
Sales Price Range: $66,500 - $75,000
Median Price: $75,000
Average Price: $72,167
Average Marketing Time: 89 Days
Currently Available and under Contract:
Offered for Sale: 143
List Price Range: $57,500 - $700,000
Median List Price: $153,900
Average List Price: $181,003
Under Contract: None
For home sale reports in Hernando Beach please read:
Sales in Hernando Beach, a Summary
Sales in Hernando Beach, Direct Access
Sales in Hernando Beach, Indirect Access, for a summary and sales data for Hernando Beach Central
Sales in Hernando Beach South, A deed-restricted Waterfront Community
For more information about waterfront properties in Hernando Beach, Weeki Wachee, or Pine Island, please contact me.
Below: This 0.27 acre direct access residential lot with 137 feet of seawall on two sides sold for $150,000 in December 2008.

Sales Data derived from Hernando County MLS and believed to be accurate but not guaranteed.
Hernando Beach Indirect Gulf Access areas include Hernando Beach Central and Hernando Beach South which is a deed-restricted area. Gulf access is gained via a boat lift located just south of Companera Entra.
Sales in Hernando Beach, Indirect Access:
Total Closed Transactions: 13
Sales Price Range: $145,000 - $495,000
Median Price: $250,000
Average Price: $274,115
Average Marketing Time: 143 Days
Sales in Hernando Beach Central:
The Hernando Beach Central neighborhood is located West of Shoalline Blvd, South of Companera Entra, and North of Hernando Beach South and includes all street locations off of Hermosa Blvd.
Closed Transactions: 9
Sales Price Range: $145,000 - $495,000
Median Price: $225,000
Average Price: $248,722
Average Marketing Time: 117 Days
Please also read:
Sales in Hernando Beach (a summary)
Sales in Hernando Beach, Direct Access
Sales in Hernando Beach, Indirect Access, for a summary and sales data for Hernando Beach Central
Sales in Hernando Beach South, A deed-restricted Waterfront Community
For more information about waterfront properties in Hernando Beach, Weeki Wachee, or Pine Island, please contact me.
Sales Data derived from Hernando County MLS and believed to be accurate but not guaranteed.
Sales in Hernando Beach South:
Hernando Beach South is located West of Shoalline Blvd and is the newest and most southern neighborhood in Hernando Beach. It is a deed-restricted community with a mandatory HOA.
The community is considered an "indirect gulf access area" and boaters are required to use the help of the boatlift located just South of Companera Entra to gain access to the saltwater canals leading to the Gulf of Mexico. Another option is boat storage at one of the many commercial marinas.
Closed Transactions: 4
Sales Price Range: $240,000 - $400,000
Median Price: $342,500
Average Price: $331,250
Average Marketing Time: 203 Days
Please click here for sales information in Hernando Beach Central, the other "indirect gulf access" neighborhood in Hernando Beach.
Please also read:
Sales in Hernando Beach (a summary)
Sales in Hernando Beach, Direct Access
Sales in Hernando Beach, Indirect Access, for a summary and sales data for Hernando Beach Central
For more information about homes available in Hernando Beach or other waterfront communities in Hernando County including Weeki Wachee and Pine Island, please contact me.
Sales Data derived from Hernando County MLS and believed to be accurate but not guaranteed.
Hernando Beach developed in the 1960's from the dredging of deep and wide canals along the coast of the Gulf of Mexico. Hernando Beach "Direct Access" areas include Hernando Beach units and Gulf Coast Retreats.
Sales in Hernando Beach, Direct Access:
Total Closed Transactions: 15
Sales Price Range: $145,000 - $425,000
Median Price: $242,500
Average Price: $269,969
Average Marketing Time: 207 Days
Please also read:
Sales in Hernando Beach (a summary)
Sales in Hernando Beach, Indirect Access, for a summary and sales data for Hernando Beach Central
Sales in Hernando Beach South, A deed-restricted Waterfront Community
For more information about waterfront properties in Hernando Beach, Weeki Wachee, or Pine Island, please contact me.
This 3 bedroom/2 bath home below sold on December 29, 2008. List Price was $395,000, it sold for $345,000. Other features include pool, fire place, seawall and dock.
Sales Data derived from Hernando County MLS and believed to be accurate but not guaranteed.
Hernando Beach is a waterfront community consisting of three distinct areas that are differentiated by the accessibility they afford to the Gulf of Mexico.
Hernando Beach Direct Access is a non-deed restricted area North of Companero Entra. Boaters can use the wide canals to directly go out into the Gulf of Mexico.
Hernando Beach Indirect Access is the area South of Companero Entra and consists of Hernando Beach Central, a non-deed restricted neighborhood, and Hernando Beach South, a deed-restricted neighborhood on fresh water canals. Boaters living in either indirect access neighborhood will require the use of a boatlift to get access to the saltwater canals of the direct access areas.
Sales in Hernando Beach:
Total Closed Transactions: 28
Sales Price Range: $145,000 - $495,000
Median Price: $242,500
Average Price: $271,964
Average Marketing Time: 183 Days
Currently Available and under Contract:
Offered for Sale: 95
List Price Range: $135,000 - $899,000
Median List Price: $340,000
Average List Price: $365,834
Under Contract: 5
List Price Range: $184,900 - $499,999
Median List Price: $269,000
Average List Price: $286,140
Please also read:
Sales in Hernando Beach, Direct Access
Sales in Hernando Beach, Indirect Access, for a summary and sales data for Hernando Beach Central
Sales in Hernando Beach South, A deed-restricted Waterfront Community
For more information about waterfront properties in Hernando Beach, Weeki Wachee, or Pine Island, please contact me.
Sales Data derived from Hernando County MLS and believed to be accurate but not guaranteed.
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