3487 Sheephead DriveNew Construction Home in Hernando Beach, FL
Hernando Beach, FL 34607 · Hernando County
$749,900
$772,900
$350/sq ft
Photos of 3487 Sheephead Drive
1 / 30About this home
NEW CONSTRUCTION – Seller offering up to $10,000 toward buyer's closing costs and/or interest-rate buydown, subject to lender approval. Ask your lender how this incentive could reduce your monthly payment. Exceptional waterfront new construction offering Gulf views from the third-floor balcony. This home reflects detailed craftsmanship, refined finishes, and thoughtful architectural detail throughout. Expansive covered front and rear porches span the full width of the home, creating elegant indoor and outdoor living spaces ideal for both entertaining and quiet relaxation. Enjoy direct water access with the ability to launch a kayak or paddleboard from your backyard, embracing a true coastal lifestyle. Gulf access via boat lift. Designed to maximize natural light and water views, this custom-quality residence presents a rare opportunity to own a distinctive waterfront home in a premier setting. Enjoy great fishing, scalloping, or hanging out at the flats.
Home details and costs
- MLS number
- O6374031
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Heated square feet
- 2,145 sq ft
- Total under roof
- 3,953 sq ft
- Stories
- 3+ Story
- Lot size
- 0.17 acres
- Subdivision
- Hernando Beach
- HOA fee
- $326/yr
- Annual property tax
- $982 (current assessment)
- Days on market
- 264 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$5,891
$74,990 down (10%) on a $674,910 loan
- Principal and interest
- $4,266
- Property tax (estimated)
- $1,050
- Homeowners insurance
- $267
- HOA
- $27
- PMI (under 20% down)
- $281
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $982 a year, while taxing this purchase price works out closer to $12,598. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 264 daysStrong signal
Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.
Reduced $23,000 (3%)Worth knowing
Originally listed at $772,900. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Westside Elementary-HN
- Middle
- Fox Chapel Middle School
- High
- Weeki Wachee High School
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
View the virtual tour for 3487 Sheephead Drive→Listed by Premium Properties R.e Service. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 3487 Sheephead Drive, Hernando Beach, FL 34607 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.