Zip Code
31771 Red Tail Blvd, Sorrento, FL 32776
3 beds · 2 baths · 2,511 sq ft · Lot: 19,250 sq ft · Single Family Home · Last Sold: $690K in 2022 · Built: 2022
Est. Value:
$470K
Est. Rent:
$2.6K/month

31771 Red Tail Blvd Sorrento, FL 32776

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3 beds · 2 baths · 2,511 sq ft · Lot Size: 19,250 sq ft · Single Family Home
Est. Property Value: $469,519

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31771 Red Tail Blvd is in the 32776 neighborhood of Sorrento, FL. It is located in Lake County and ZIP code 32776. This Single Family Home was built in 2022 and is approximately 3 years old. The single family home spans 2511 sq ft with 3 bedrooms and 2 bathrooms and sits on a 19250 sq ft lot. According to public records, it was last sold in 2022 for $689,900 and has a tax-assessed value of $630,583, which is $187 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 31771 Red Tail Blvd Sorrento, FL 32776 with Property Intel by Whitepages.

Investment Potential for 31771 Red Tail Blvd

The property has a current estimated value of $469,519, which is 42% above the zip median, based on public records. It last sold on February 17, 2022 for $690K. Projected long-term
is $31,200 annually ($2,600 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$31,200 per year($2,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 32776 zip code
 
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Owners & Occupancy for 31771 Red Tail Blvd

This property is owned by Peter J Mahovlich. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

Residence************
Landline(518) 644-3445
Distance from Property**********
Email Address**********@hotmail.comView Email

Property Ownership Information

Purchase DateFebruary 17, 2022
Property Tax Amount$9,318 in 2024
Purchase Price$689,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1*****************
Resident 2***************** age 79

Property Details for 31771 Red Tail Blvd

Property Details

Property Sq Ft

Living Area

2,511 sq ft

42% above market

Lot Size

19,250 sq ft

12% above market

Price Per Sq Ft

Living Area

$187 / sq ft

3% below market

Lot Size Area

$24 / sq ft

8% above market

Property condition, age, exterior, etc. for 31771 Red …
Longitude: -81.531731 Latitude: 28.812894 Parcel Number (APN): 20-19-28-0802-000-22500…
Mortgage originated on through lender: Nfm Lndg for$******View Mortgage Details
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Discover more single family homes near 31771 Red Tail Blvd in Sorrento, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 31771 Red Tail Blvd in Lake County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$469,519
$352,849
$116,669 (33%)
YoY Price Change
1.8%
-417%
Year Built
2022
1990
32 years
Living Space
2,511 sq ft
1,630 sq ft
881 (54%)
$ Per Living Sq Ft
$187
$217
-$30 (-14%)
Lot Size
19,250 sq ft
9,599 sq ft
9651 (101%)
$ Per Lot Sq Ft
$24
$40
-$16 (-40%)

Net Operating Income
$19,987
-$5,688 (-28%)
Annual Revenue
$31,200
$29,400
$1,800 (6%)
$9,588
$7,313 (76%)
Net Operating Income
$19,987
-$5,688 (-28%)
Cap Rate
5.67%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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