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31026 Nocatee Trail

Sorrento FL 32776

5
4
5822 sq. ft.
68404 sq. ft.
Single-Family
Currently for sale - view listing

Overview

A unique Wekiva River waterfront investment property offering multiple income streams, with projected gross Short Term Rental gross revenue of approximately $140,000 +/-annually. * Property Size and Layout: 4,598 livable square feet, two-story log cabin with a connected addition, potential for three separate living units. There are two buildings connected by a breezeway. * Amenities and Upgrades: 3000 sq feet of brand new construction, new mechanicals, soundproof walls, separate HVAC for each unit and electrical panels, 2 whole house generators for backup in case of a power outage, and a finished flex/recreation room, and private onsite office. Updated kitchens. Indoor laundry rooms. * Business Potential: Allows for owner-occupancy with potential for renting out one or two units as Airbnb or long-term rentals. * Property Description: 1.5-acre waterfront property on the Wekiva River within the Wekiva River Protection Area, featuring a grandfathered dock and wooded buffer area. * Property Amenities: Includes a sleeping loft with a spiral staircase and a hidden “secret room,” and offers wildlife viewing opportunities. Fire pit, grill, and outdoor seating. Parking for up to 8+ vehicles. * Business Information: Unit 1, licensed as the Crooked Paddle Lodge, has been renting on Airbnb for the past four years with 100 five star ratings. Turn key business includes furnishings, linens, housewares, private office. * Rental Income: Unit 1 rents for $225/night, Unit 2 rents for $187/night, and Unit 3 rents for $140/night x 252 nights = $140,000 gross income. * Property Features: Full kitchens, 4 full baths, 2 laundry rooms, new electrical, plumbing, HVAC, and smart home features. * Location & Surroundings: Rustic cabin on the Wekiva River, surrounded by nature and state-owned preserves. * Outdoor Activities: Offers opportunities for biking, hiking, horseback riding, fishing, birdwatching, canoeing, kayaking, and paddle boarding. Close to Rock Springs Run Reserve 14,000 acres and Seminole State Forrest 28,000 acres. * Accessibility: Easy access to local amenities, major roads, and attractions like Disney, beaches, and historic downtown Sanford. Close to quaint Lake County towns including Mt Dora, Eustis and Tavares, offering shopping, antiquing, restaurants.

Features

5 bedrooms
4 bathrooms
5822 sq. ft. floor area
68404 sq. ft. lot size
Single-Family

Property history for 31026 Nocatee Trail

2022
Sold
$599,000
25 Jul 2022 by Scott Fader, of JOSEPH WALTER REALTY LLC
2012
Rented
Undisclosed
21 Aug 2012 by Re/Max Realty Center Internatl

Happy sellers in Sorrento

87%
87% of sellers in Sorrento reported that their sale price either exceeded or met their price expectations.

Sorrento stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Sorrento over the last 12 months.

Local market activity for 5 bedroom single-family properties in Sorrento

In the last 12 months, 17 five-bedroom single-family properties similar to 31026 Nocatee Trail, have been sold.

This represents a 78% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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