3487 SHEEPHEAD DRIVE, HERNANDO BEACH, FL, 34607
Active186 days on marketListed Jan 15, 2026MLS #O6374031
About this home
3487 SHEEPHEAD DRIVE
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.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,145
Sqft
0.17 ac
Lot size
2
Garage
2025
Year built
Three Or More
Levels
$350
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,596 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,596/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+8.1%
$/sqft vs HERNANDO BEACH
$350 vs $361
Days on market
186 vs 35 typical
Where $350/sqft sits among the 25 homes for sale in HERNANDO BEACH
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Hernando Beach
Drive times from this address
Get to know Hernando Beach. See the full Hernando Beach guide →
HERNANDO BEACH 34607 — neighborhood snapshot
Population
9,046
Median age
55.7
Median income
$61,221
Median home value
$343,100
Avg household
2.3
Households w/ children
740
For the school run
Hernando County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hernando Beach market
$495K → $488K
Hernando Beach median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
12 of 25
HERNANDO BEACH have cut their price
Median sold price, Hernando Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 131% above the HERNANDO BEACH 34607 median. See the full Hernando Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 3487 SHEEPHEAD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$625,000
3455 TRIGGERFISH DRIVE · same community
3 bd · 2.5 ba · 2,197 sqft · $284/sqft · 148 DOM
Sold · Dec ’25$600,000
3364 OLEANDER DRIVE · same community
3 bd · 4 ba · 2,090 sqft · $287/sqft · 60 DOM
Sold · Mar ’26$725,000
3520 TRIGGERFISH DRIVE · same community
3 bd · 2 ba · 2,214 sqft · $327/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 3487 SHEEPHEAD DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3487 SHEEPHEAD DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
3487 SHEEPHEAD DRIVE FAQs
What would the monthly payment be for 3487 SHEEPHEAD DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,596/mo — principal and interest, the actual property-tax bill, the $27/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 3487 SHEEPHEAD DRIVE?+
The association fee works out to $27 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3487 SHEEPHEAD DRIVE?+
The most recent tax bill on record (2025) was $982. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 3487 SHEEPHEAD DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Hernando Beach?+
At $749,900, this home is listed about 37% above the Hernando Beach median of $548,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3487 SHEEPHEAD DRIVE?+
Fox Chapel Middle School (middle), Deltona Elementary School (elementary), Weeki Wachee High School (high) — Hernando County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$749,900 runs 131% above the HERNANDO BEACH 34607 median — but at 2,145 sqft it's also 37% larger than the typical Hernando Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
186 days on market against a Hernando Beach median of 35 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $772,900, now $749,900 — a $23K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PREMIUM PROPERTIES R.E SERVICE · Rader Cyrus, Jr. MLS #O6374031.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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