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$1,499,900

5 Beds 4 Baths 4,590 SQFT 1.57 Acres
Type: Single Family

31026 NOCATEE TRAIL
SORRENTO, FL 32776

MLS#: O6442232
Jon McLaughlin
Jon McLaughlin
The Real Estate Advantage
Phone: 952.212.2067
Office: 952.898.5800
Presented by: CREEGAN GROUP with 407-622-1111. - 407-622-1111

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace FeaturesElectric, Living Room
Fireplace Y/NYes
FlooringLaminate
Furnished Y/NPartially
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesInside, Laundry Room
Total Stories2

General

Additional Parcels Y/NNo
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
Body of WaterWEKIVA RIVER
Building Area Units0 sqft
Carport Y/NNo
CitySORRENTO
Construction MaterialsWood Siding
CoolingCentral Air
CountyLake
DirectionsFrom SR 46 turn South on Wekiva River Road. Left on Okaloosa Trail, Left on Nocatee. Home is on the right.
DockY/NYes
Facing DirectionWest
Flood Zone CodeX
Flood Zone Code XY
Full Baths4
Garage Y/NNo
HeatingCentral
Home Warranty Y/NNo
ILS Total SQFT800
ILS Under Air SQFT800
In Law Suite Description1 Bathroom, 1 Bedroom, Kitchen, Private Entrance
In Law Suite YNYes
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionWEKIVA RIVER ACRES LOT 25 PB 18 PG 49 ORB 5997 PG 1633
LevelsTwo
Living Area Units0 sqft
Lot Size Square Feet68404
Lot Size UnitsAcres
MLS Area32776 - Sorrento / Mount Plymouth
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameWEKIVA RIVER ACRES
Tax Annual Amount$5,190
Tax Lot25
Tax Year2025
Total Rooms3
UtilitiesElectricity Connected
Water Access TypeRiver
Water Access Y/NYes
Water ViewRiver
Water View Y/NYes
Waterfront FeaturesRiver Front
Year Built1996
ZoningA

Exterior

Building Area Total5,822 sqft
Exterior AmenitiesBalcony, Courtyard, Fire Pit, Garden, Lighting, Outdoor Grill, Sliding Doors
Foundation DetailsSlab
Lot Dimensions100 x 685
Lot Size Acres1.57
Lot Size Area1 sqft
Number of Lots1
Private PoolNo
Road Surface TypeAsphalt
SpaNo
Water SourceWell
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,499,900

5 Beds 4 Baths 4,590 SQFT 1.57 Acres
Type: Single Family

31026 NOCATEE TRAIL
SORRENTO, FL 32776

MLS#: O6442232
Jon McLaughlin
Jon McLaughlin
The Real Estate Advantage
Phone: 952.212.2067
Office: 952.898.5800