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31026 NOCATEE TRL Sorrento, FL 32776
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Key Details
Sold Price $599,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,642 sqft
Price per Sqft $364
Subdivision Wekiva River Acres
MLS Listing ID A4530067
Sold Date 07/25/22
Bedrooms 3
Full Baths 2
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1996
Annual Tax Amount $4,343
Lot Size 1.570 Acres
Acres 1.57
Property Description
Rare find, log home on +1.5 acre lot directly on the Wekiva River. 3 bedroom, 2 bath with one bedroom in the loft. Been renting as an AirBnb/VRBO property for 2 ½ years. We had 35 guests in 2021 with a gross revenue of $29,000. The current home is 1,642 square feet, with a partially completed addition of over 1,800 square feet. The first half of the addition contains a living room and the master bedroom while the 3 car garage has a large mother-in-law suite above. When completed the home’s interior would be around 3,400 square feet.
The original log home was 40 x 40 which is currently a fully functioning vacation rental with 2 downstairs bedrooms and master bathroom. The loft has another bedroom with the 2nd full bathroom. All homes in the neighborhood are on wells with water treatment systems. Since we are close to the Wekiva River, we have an advanced, high capacity septic system.
This home is sold as-is because it is a project home. The log exterior needs some work and should be re-stained. I have plenty of extra log siding for future repairs and modifications. The path to the Wekiva is about 400 feet from the back of the house, there is a wooden dock at the end which needs repair. To complete the addition the expired building permit would have to be renewed. I have the set of stamped construction drawings to complete the addition as designed by the architect. The addition was started in 2008 and all the heavy lifting has been completed and approved.
Since this is an active AirBnb/VRBO it can only be shown when no guests are present.
Location
State FL
County Lake
Community Wekiva River Acres
Zoning A
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Walk-In Closet(s)
Heating Central, Heat Pump
Cooling Central Air
Flooring Carpet, Linoleum
Fireplace true
Appliance Convection Oven, Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
Exterior
Exterior Feature Other
Garage Spaces 3.0
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Propane
Waterfront true
Waterfront Description River Front
Water Access 1
Water Access Desc River
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Entry Level Two
Foundation Slab, Stem Wall
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Well
Structure Type Log
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Sorrento Elementary
Middle Schools Mount Dora Middle
High Schools Mount Dora High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with JOSEPH WALTER REALTY LLC
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