Iconic pink three story octagon waterfront home with preserve & gulf views active vacation rental sold turnkey in hernando beach! Welcome to one of the most unique and eye catching homes on the coast this 3 story octagon waterfront retreat perfectly positioned to capture breathtaking preserve and gulf views. Located in the heart of hernando beach, this turnkey property blends architectural character, modern updates, and the ultimate florida coastal lifestyle. The second story main living level features an open concept floor plan filled with natural light, shiplap accent walls, and seamless indoor outdoor living. The designer kitchen showcases gray shaker cabinetry, quartz countertops, tile backsplash, floating shelves, farmhouse sink, glass top cooktop, built in oven, and hood vent. This level also offers a spacious guest bedroom, full bath with glass enclosed tub/shower combo, and a convenient laundry area tucked behind a stylish barn door. Step outside to enjoy coastal breezes from both the balcony and screened porch overlooking the peaceful preserve. A striking spiral staircase leads to the third level primary suite, where you'll find the most spectacular panoramic views in the home. Take in sweeping sunsets, gulf waters, and untouched natural landscapes from your private retreat. The suite features a walk in closet with custom shelving and a beautifully updated ensuite bathroom with custom vanity and walk in shower with glass enclosure and niche. The outdoor space is designed for true coastal living with 75 feet of waterfront, a concrete patio, and a floating dock. Launch your kayak or paddleboard directly from your backyard and explore serene mangrove lined waterways. The fully fenced yard with two separate sections provides flexibility for pets, entertaining, or future pool addition. Additional highlights include a 2021 roof, contributing to approximately 2,501/year homeowners insurance, and approximately 4,370/year flood insurance. Located just a short distance to the hernando beach boat lift, offering easy access to the gulf for boating enthusiasts. Currently operating as an active short term vacation rental and being sold fully furnished / turnkey, this property is ideal as a primary residence, second home, or income producing investment. Located in the vibrant hernando beach waterfront community, residents enjoy boating, kayaking, paddleboarding, fishing, and direct access to the gulf. 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 and no 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. Rare, iconic, and unlike anything else on the market your waterfront paradise awaits.