31026 NOCATEE TRL, SORRENTO, FL, 32776
$1,499,900
Residential
|
Bedrooms
5
|
Bathrooms
4
|
Living Area
4,590 Sqft
|
Lot Size
68,404 Sqft
|
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: 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6442232 | Year Built: | 1996 | |
| Appliances: | Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System | Construction Materials: | Wood Siding | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Lake | Direction Faces: | West | |
| Exterior Features: | Balcony, Courtyard, Fire Pit, Garden, Lighting, Outdoor Grill | Fireplace Features: | Electric, Living Room | |
| Flooring: | Laminate | Foundation Details: | Slab | |
| Furnished: | Partially | Heating: | Central | |
| Laundry Features: | Inside, Laundry Room | Levels: | Two | |
| Listing Agreement: | Exclusive Right To Sell | Occupant Type: | Vacant | |
| Other Equipment: | Fire Pit | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Septic Tank | |
| Showing Requirements: | Coming Soon - Allowing Showings, Appointment Only, Call Listing Agent | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Connected | Water Source: | Well | |
| Waterfront Features: | River Front | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Primary Bedroom: | 16x21 ft | Living Room: | 17x14 ft | |
| Kitchen: | 18x11 ft | |||
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