If you've seen this home before, it's time to take another look! Numerous improvements and enhancements have been made, making this property even more appealing. ONE-OF-A-KIND MULTIGENERATIONAL WATERFRONT RETREAT WITH SPECTACULAR GULF VIEWS, FOUR SEPARATE LIVING UNITS, DIRECT GULF ACCESS, PRIVATE POOL, NEW METAL ROOF, AND AN OVERSIZED 9300 SF LOT! Whether you're looking for a spacious family compound, vacation retreat, or flexible living arrangement, this property offers endless possibilities! Home is Owner Occupied will require advance notice for showings . The upstairs of the home is 2014 SF of air conditioned space, composed of Unit 1(main home) and foyer connecting to Unit 2. UNIT 1 is beautifully appointed with TWO BEDROOMS, TWO BATHROOMS, OFFICE, and a living room/dining room/kitchen combo with soaring ceilings, REAL WOOD AND TILE FLOORING, and a triple slider with access to a screened in porch. The impressive CHEF'S KITCHEN features GRANITE COUNTERTOPS, a CENTER ISLAND, WOOD CABINETRY WITH CROWN MOLDING, STAINLESS STEEL RANGE HOOD, FIVE-BURNER GAS COOKTOP, DOUBLE OVENS, and a PANTRY CLOSET. The generous PRIMARY SUITE features a luxurious bathroom with DOUBLE SINKS, CUSTOM WOOD VANITY, TRAVERTINE MARBLE TILE, a JETTED JACUZZI TUB FOR TWO, and an OVERSIZED WALK-IN SHOWER WITH TWO SHOWERHEADS. TRIPLE GLASS SLIDING DOORS lead to a SCREENED LANAI, creating seamless indoor-outdoor living with spectacular Gulf views. UNIT 2 offers TWO BEDROOMS, a FULL KITCHEN, comfortable living room with WALL-TO-WALL WINDOWS showcasing AMAZING WATER VIEWS, laminate and tile flooring, a bathroom with JACUZZI TUB, and a STACKABLE WASHER AND DRYER. UNIT 3 and Unit 4 has an additional 1098 SF of air conditioned area, below the base flood elevation with weather resistant construction materials, including tile for the flooring and wood accent walls (no drywall).Unit 3 has two bedrooms, one bathroom (with a walk in shower), living room / kitchen combo and a single car garage. Unit 4 has one bedroom, one bathroom (with a walk in shower), Kitchenette, 2.5 tandem car garage. The outdoors space is one of a kind, with a bar off of unit 3 and a large covered carport on the ground level between unit 3 and 4. Relax beside your PRIVATE recently refinished SWIMMING POOL. BOATING ENTHUSIASTS will appreciate the 10,000-LB BOAT LIFT, stationary deck and FLOATING DOCK. Located in the vibrant Hernando Beach Waterfront Community surrounded entirely by the Weeki Wachee Preserve and the GULF, residents enjoy hiking, boating, kayaking, paddleboarding, and fishing. Just minutes from Weeki Wachee Springs State Park, plus nearby shopping, dining, and medical facilities. The area is GOLF CART FRIENDLY, allows SHORT-TERM RENTALS, and has NO HOA, CDD or DEED RESTRICTIONS, making it ideal for full-time living, a vacation home, or a high-performing investment property. With convenient access to the Suncoast Parkway, commuting to Tampa, Brooksville, and surrounding areas is easy.