WORK & PLAY in beautiful Hernando Beach, FL. This double lot (.42 acres) is zoned C2 offering countless possibilities! Very few lots in Hernando Beach have this flexible zoning designation! Boat repair, welding shop, marine supply store, bait shop, retail, Bed & Breakfast, triplex, you name it! The wide and deep canal offers indirect Gulf access. This unique property has been priced to SELL. The Owner was planning to build a Live/Work unit consisting of a 3,000 sf warehouse with a 900 sf residential unit on the 2nd floor for one bedroom, bath/laundry room, galley kitchen and great room. Site specific plans are IN HAND and may be negotiated with the property if you're interested. When building on the canal you are required to meet Southwest Florida Water Management (SWFWMD) requirements and FEMA regulations. Completed plans were prepared by a local Civil Engineer and meet all requirements of both SWFWMD and FEMA including water run off, pavement to green space ratio, parking requirements, etc. By building as an owner occupied Live/Work unit (per Hernando Building Code) some flexibilities are a major advantage, for example as a residential property, you can be your own contractor, homestead the property for lower property taxes, avoid handicap requirements and fire sprinklers normally required for commercial builds. The property already has an address of 3341 and 3345 Shoal Line One address for Business and one for Residential. You are not assigned an address for a vacant lot until you have completed building plans and submit them along with your request for an address. The complete building package is ready to go to permitting for review by Hernando County for approval if these site specific plans are of interest to you.