People were swiftly evacuated from the water by lifeguards after the huge beast was spotted. Christina Reinholt, from Navarre, posted a video of the shark moving through blood on her Facebook page.
She wrote: “Lifeguards evacuated the water and some beach goers got the experience of a freaking lifetime.”
The blood was produced by a tarpon, a large fish native to the North Atlantic that the shark had just attacked and killed.
The International Shark Attack File reports 17 hammerhead shark attacks on humans in recent history, though none have resulted in a fatality.
According to National Geographic there are on average 50-70 serious shark attacks on humans each year, with 5-15 resulting in death.
On Saturday a teenager surfing off the coast of Florida was bitten by a shark.
The attack took place off Ormond Beach, a popular holiday destination.
The 17-year-old, who has not been named, was attacked whilst waist deep in water and attempting to retrieve his surfboard.
He was taken to hospital and received stitches but his condition is not believed to be life threatening.
READ MORE: Shark attack horror – Boy’s arm ripped off by vicious oceanic whitetip
Mr Malphurs added if bait fish are in the water or seabirds are seen diving in it significantly increase the likelihood of a shark being nearby.
In these circumstances it is advised to leave the water until the situation calms down.
In September 48-year-old Eric Bowman was attacked by a shark in Volusia Country.
He told the Daytona Beach News-Journal he was waist deep in water when something bit into his left foot.
However, the attacker swiftly let go of Mr Bowman.
He was left with minor cuts and a puncture which were treated at the scene.
Also on Tuesday first lady Melania Trump voted in the presidential election in Florida.
She cast her vote at the Morton and Barbara Mandel Recreation Center in Palm Beach.
Melania’s husband, Donald, is running for re-election as President of the United States.
However recent polls have shown him trailing Democratic Party challenger Joe Biden.
Ms Trump was wearing a $4,500 (£3,434) Gucci dress featuring printed chains.