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Off market
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  • $578,900

    31026 Nocatee Trl, Sorrento, FL 32776

    3beds
    1,642sqft
    SingleFamily
    Built in 1996
    1.57 Acres Lot
    $578,900 Zestimate®
    $353/sqft
    $2,298 Estimated rent

    Home value

    $578,900

    $544,000 - $614,000

    $2,298/mo

    Zestimate® history
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    $3,881/mo

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    What's special

    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 is 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 including all the foundation work, new septic system, framing, windows, roofing, rough plumbing, rough electrical and rough mechanical. The basic list to finish would be drywall, painting, flooring, trim, plumbing fixtures, electrical fixtures, garage doors and air conditioning. I could finishi it myself, but I don’t intend to live in it and it makes no sense to pick out colors, trim, flooring, fixtures, etc that someone else might not like. You can have a custom interior just like you would want by finishing it yourself and reap the benefits with 1,800 square feet of increased property value. Since this is an active AirBnb it can only be shown when no guests are present. An electronic copy of the construction drawings is available. 2.5% sales commission.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Interior area
    • Total interior livable area: 1,642 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood, Metal
    Lot
    • Size: 1.57 Acres
    Details
    • Parcel number: 331929020000002500

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Concrete Block
    • Roof: Asphalt
    Condition
    • Year built: 1996

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $8 monthly
    Location
    • Region: Sorrento

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $327,688
    • Annual tax amount: $5,190

    Price history

    DateEventPrice
    7/25/2022Sold$599,000$365/sqft
    Source: Public Record Report a problem
    5/23/2022Pending sale$599,000$365/sqft
    Source: Stellar MLS #A4530067 Report a problem
    4/22/2022Listed for sale$599,000$365/sqft
    Source: Stellar MLS #A4530067 Report a problem
    4/7/2022Pending sale$599,000$365/sqft
    Source: Stellar MLS #A4530067 Report a problem
    3/30/2022Price change$599,000-4.9%$365/sqft
    Source: Stellar MLS #A4530067 Report a problem
    3/29/2022Listed for sale$630,000+242.4%$384/sqft
    Source: Owner Report a problem
    8/22/2012Listing removed$1,200$1/sqft
    Source: REMAX Realty Center International #G4686174 Report a problem
    8/11/2012Listed for rent$1,200$1/sqft
    Source: REMAX Realty Center International #G4686174 Report a problem
    3/24/2003Sold$184,000+11.5%$112/sqft
    Source: Public Record Report a problem
    10/4/1999Sold$165,000+205.6%$100/sqft
    Source: Public Record Report a problem
    2/9/1994Sold$54,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,190 -1.5%$327,688 -0.6%
    2024$5,271 +14.7%$329,600 +10%
    2023$4,594 +0.9%$299,636
    2022$4,554 +4.9%$299,636 +4.4%
    2021$4,343 -6%$286,982 +0.3%
    2020$4,623 +3.3%$286,049 +6.1%
    2019$4,476 +11.7%$269,706 +10%
    2018$4,008 $245,187 +2%
    2017$4,008 +2.5%$240,264
    2016$3,912 -1.8%$240,264 +1.4%
    2015$3,983 -1.6%$236,889 +1.3%
    2014$4,050 +21.8%$233,821 +4.7%
    2013$3,324 +19.2%$223,396
    2012$2,790 -1.9%$223,396 -1.7%
    2011$2,845 +17.9%$227,205 +15.9%
    2010$2,412 +3.5%$196,087 +2.7%
    2009$2,332 +0.2%$190,932 +0.1%
    2008$2,326 -4.7%$190,742 +3%
    2007$2,440 -4.7%$185,187 +2.5%
    2006$2,559 +2.5%$180,671 +3%
    2005$2,498 +3.1%$175,409
    2004$2,424 +19.1%--
    2003$2,035 +10.2%$157,648 +13%
    2002$1,845 $139,553
    2001$1,845 -1.6%$139,553
    2000$1,876 $139,553
    Find assessor info on the county website

    Neighborhood: 32776

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $578,900
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    Estimated market value
    $578,900